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Registered number: 08124569
The Escape Newquay Ltd
ABRIDGED Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 08124569
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 8,333 15,000
Tangible Assets 5 23,429 25,173
31,762 40,173
CURRENT ASSETS
Debtors 61,671 64,620
Cash at bank and in hand 184,494 182,381
246,165 247,001
Creditors: Amounts Falling Due Within One Year (35,876 ) (43,022 )
NET CURRENT ASSETS (LIABILITIES) 210,289 203,979
TOTAL ASSETS LESS CURRENT LIABILITIES 242,051 244,152
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,023 ) (5,168 )
NET ASSETS 237,028 238,984
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 236,928 238,884
SHAREHOLDERS' FUNDS 237,028 238,984
Page 1
Page 2
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr G D Sanders
Director
7th September 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
The Escape Newquay Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08124569 . The registered office is The Escape, Mount Wise, Newquay, Cornwall, TR7 2BE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.  
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 15 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold improvements 10% on cost
Plant and machinery 25% on reducing balance
Motor vehicles 25% on reducing balance
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
Page 3
Page 4
4. Intangible Assets
Total
£
Cost
As at 1 April 2025 100,000
As at 31 March 2026 100,000
Amortisation
As at 1 April 2025 85,000
Provided during the period 6,667
As at 31 March 2026 91,667
Net Book Value
As at 31 March 2026 8,333
As at 1 April 2025 15,000
5. Tangible Assets
Total
£
Cost
As at 1 April 2025 79,956
Additions 6,116
As at 31 March 2026 86,072
Depreciation
As at 1 April 2025 54,783
Provided during the period 7,860
As at 31 March 2026 62,643
Net Book Value
As at 31 March 2026 23,429
As at 1 April 2025 25,173
6. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 April 2025 5,168 5,168
Deferred taxation (145 ) (145 )
Balance at 31 March 2026 5,023 5,023
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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