The Manor By The Lake Cheltenham Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08373622 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

The Manor By The Lake Cheltenham Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Chittenden

T Madge

SECRETARY:

M Chittenden

REGISTERED OFFICE:

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

REGISTERED NUMBER:

08373622 (England and Wales)

AUDITORS:

Cartwrights

Chartered Accountants and Business Advisors

Statutory Auditor

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

FIXED ASSETS

Tangible assets

4

150,165

129,621

CURRENT ASSETS

Stocks

22,806

13,713

Debtors

5

4,655,729

4,394,504

Cash at bank and in hand

380,903

287,450

5,059,438

4,695,667

CREDITORS

Amounts falling due within one year

6

2,902,281

2,913,401

NET CURRENT ASSETS

2,157,157

1,782,266

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,307,322

1,911,887

CREDITORS

Amounts falling due after more than one
year

7

(426,330

)

(404,978

)

PROVISIONS FOR LIABILITIES

-

(822

)

NET ASSETS

1,880,992

1,506,087

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

1,879,992

1,505,087

SHAREHOLDERS' FUNDS

1,880,992

1,506,087

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2026 and were signed on its behalf by:

M Chittenden - Director

1.	STATUTORY INFORMATION

The Manor By The Lake Cheltenham Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Compliance with accounting standards

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the fair value of services rendered under contract to the extent that there is a right to consideration and is recorded at the value of the consideration due, net of trade discounts, rebates, value added tax and other sales taxes.

Revenue is recognised when the amount of turnover can be measured reliably and conditions as stated in the contracts are satisfied. Where payments are received from customers in advance of service provided, the amounts are recorded as deferred income and included as part of creditors.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Long leasehold

-

10% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial assets

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at the transaction value.

They are then subsequently carried at amortised cost using the effective interest rate method.

At the end of each reporting period financial assets are assessed for impairment. If an impairment exists the impairment loss is recognised in the income statement.

Financial assets are derecognised when:

- the contractual right to cash flows from the asset are settled or expire,

- substantially all the risk and rewards of the ownership of the asset are transferred to another party or

- despite retaining some significant risks and rewards, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset without additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at the transaction value.

They are then subsequently carried at amortised cost using the effective interest rate method.

Financial liabilities are derecognised when the liability is discharged, cancelled or expires.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 62 (2024 - 56 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

£

COST

At 1 January 2025

236,354

205,873

1,638,846

Additions

-

69,818

15,575

Disposals

-

(7,675

)

At 31 December 2025

236,354

275,691

1,646,746

DEPRECIATION

At 1 January 2025

232,704

203,466

1,557,898

Charge for year

3,650

3,679

19,703

Eliminated on disposal

-

(6,140

)

At 31 December 2025

236,354

207,145

1,571,461

NET BOOK VALUE

At 31 December 2025

-

68,546

75,285

At 31 December 2024

3,650

2,407

80,948

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 January 2025

135,591

64,318

2,280,982

Additions

-

3,993

89,386

Disposals

(99,037

)

-

(106,712

)

At 31 December 2025

36,554

68,311

2,263,656

DEPRECIATION

At 1 January 2025

97,587

59,706

2,151,361

Charge for year

-

2,271

29,303

Eliminated on disposal

(61,033

)

-

(67,173

)

At 31 December 2025

36,554

61,977

2,113,491

NET BOOK VALUE

At 31 December 2025

-

6,334

150,165

At 31 December 2024

38,004

4,612

129,621

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 January 2025

and 31 December 2025

70,288

24,758

95,046

DEPRECIATION

At 1 January 2025

and 31 December 2025

70,288

18,569

88,857

NET BOOK VALUE

At 31 December 2025

-

6,189

At 31 December 2024

-

6,189

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

Trade debtors

61,432

30,988

Amounts owed by group undertakings

241,770

199,770

Other debtors

4,352,527

4,163,746

4,655,729

4,394,504

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

Bank loans and overdrafts

52,500

Trade creditors

101,117

42,736

Amounts owed to group undertakings

382,950

417,860

Taxation and social security

366,354

345,299

Other creditors

1,999,360

2,055,006

2,902,281

2,913,401

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31/12/25

31/12/24

£

Bank loans

223,125

275,625

Other creditors

203,205

129,353

426,330

404,978

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

65,625

8.	SECURED DEBTS

Santander UK plc holds a debenture dated 3 December 2018 over the company's assets.

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Eric McIntyre (Senior Statutory Auditor)

for and on behalf of Cartwrights

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included in other debtors at the balance sheet date, the company was owed the following amounts from companies controlled by the director, M Chittenden:

2025

2024

£

Eastgate Street Ltd

885,230

International House (CI) Ltd

350,000

MRM 47 Ltd

235,142

237,123

Manor Studios Ltd

651

Sand Dunes (Essex) Ltd

180,000

The Ordnance Depot Ltd

310,000

Capcoin Investments Ltd

610,800

Seckford Properties Ltd

643,143

626,093

Measured Media Ltd

449,295

305,255

During the reporting period, the company paid rent of £195,000 (2024: £203,800) to the directors, for the building from which the company operates.

At the balance sheet date, the amount of £114 (2024: £468) was owed to the directors of the company.

11.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Heritage Rocks Ltd, which is jointly owned by the directors.