Company No: 07864896 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	7,735,045		7,629,040
		7,735,045		7,629,040
Current assets
Stocks	4	601,736		624,995
Debtors	5	65,393		43,925
Cash at bank and in hand		330,462		7,215
		997,591		676,135
Creditors: amounts falling due within one year	6	( 589,040)		( 6,285,384)
Net current assets/(liabilities)		408,551		(5,609,249)
Total assets less current liabilities		8,143,596		2,019,791
Provision for liabilities		( 673,000)		( 675,000)
Net assets		7,470,596		1,344,791
Capital and reserves
Called-up share capital	7	200		100
Share premium account		6,309,897		0
Profit and loss account		1,160,499		1,344,691
Total shareholder's funds		7,470,596		1,344,791

For the financial year ending 30 November 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Newport Park Limited (registered number: 07864896) were approved and authorised for issue by the Board of Directors on 27 August 2026. They were signed on its behalf by:

Mrs P A Hardick Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Newport Park Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Centenary House Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom.

The principal place of business is: Newport Park, Topsham Road, Exeter, EX2 7DT.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover comprises rent receivable during the year from group undertakings and sales of homes to third parties. Rents are recognised on a straight line basis over the lease period. Sales of homes are recognised when the risk and rewards are transferred to the customer (on completion of the sale).

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings	0 - 5 years straight line
Plant and machinery	4 years straight line
Fixtures and fittings	5 years straight line

The Freehold Land, including within Land and buildings is not depreciated.

Stocks

Stock is static caravans bought and held for sale, including the costs of bringing them to the right location and condition. Stock is stated at the lower of cost and estimated selling price less costs to sell.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	1		1

3. Tangible assets

	Land and buildings		Plant and machinery		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 December 2024	8,017,383		0		1,085		8,018,468
Additions	148,754		254		15,529		164,537
Disposals	0		( 102)		0		( 102)
At 30 November 2025	8,166,137		152		16,614		8,182,903
Accumulated depreciation
At 01 December 2024	388,361		0		1,067		389,428
Charge for the financial year	57,435		140		957		58,532
Disposals	0		( 102)		0		( 102)
At 30 November 2025	445,796		38		2,024		447,858
Net book value
At 30 November 2025	7,720,341		114		14,590		7,735,045
At 30 November 2024	7,629,022		0		18		7,629,040

4. Stocks

	2025		2024
	£		£
Stocks	601,736		624,995

The title for the homes for resale remains with the supplier until the homes are either sold or full payment is made. Deferred payment for the homes is included within the trade creditors and this is due to be paid within one year.

5. Debtors

	2025		2024
	£		£
Trade debtors	8,480		0
Amounts owed by Group undertakings	0		2,500
Prepayments	12,599		653
VAT recoverable	7,316		3,777
Other debtors	36,998		36,995
	65,393		43,925

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	11,265		7,038
Amounts owed to Group undertakings	0		6,256,872
Accruals	73,218		19,999
Taxation and social security	76,262		1,475
Other creditors	428,295		0
	589,040		6,285,384

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
200 Ordinary shares of £ 1.00 each (2024: 100 shares of £ 1.00 each)	200		100

During the year, the Company issued 100 ordinary shares of £1 each to Wilson Leisure Limited as non‑cash consideration. The shares were issued in full and final settlement of an unsecured, undocumented and non‑interest‑bearing inter‑company loan owing to Wilson Leisure Limited amounting to £6,309,997. Upon issue of the shares, the loan was fully discharged.

8. Related party transactions

During the year, the company was under common control with Wilson Leisure Limited. While Wilson Leisure Limited was a related party, the company settled an intercompany loan of £6,309,997 by issuing 100 ordinary £1 shares as non‑cash consideration. Wilson Leisure Limited ceased to be a related party on 31 October 2025.

At the year end, an amount of £428,295 was outstanding to Wilson Leisure Limited in respect of intercompany balances arising during the year. These balances are unsecured, non‑interest‑bearing and repayable on demand.