REGISTERED NUMBER: 03659824 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Discover Parks Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G P Jones

Mrs H J Jones

SECRETARY:

Mrs H J Jones

REGISTERED OFFICE:

Arrow Bank Park

Eardisland

Leominster

Herefordshire

HR6 9BG

REGISTERED NUMBER:

03659824 (England and Wales)

ACCOUNTANTS:

Thorne Widgery Accountancy Ltd

Chartered Accountants

2 Wyevale Business Park

Kings Acre

Hereford

Herefordshire

HR4 7BS

FIXED ASSETS

Intangible assets

4

1,725

1,725

Tangible assets

5

7,736,609

7,631,088

Investments

6

1,000

1,000

7,739,334

7,633,813

CURRENT ASSETS

Stocks

956,158

1,721,656

Debtors

7

458,919

303,341

Cash at bank and in hand

1,262,563

771,928

2,677,640

2,796,925

CREDITORS

Amounts falling due within one year

8

(1,783,690

)

(2,052,480

)

NET CURRENT ASSETS

893,950

744,445

TOTAL ASSETS LESS CURRENT LIABILITIES

8,633,284

8,378,258

CREDITORS

Amounts falling due after more than one year

9

-

(5,308

)

PROVISIONS FOR LIABILITIES

(133,050

)

(102,117

)

NET ASSETS

8,500,234

8,270,833

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Capital redemption reserve

340,000

340,000

Retained earnings

8,150,234

7,920,833

SHAREHOLDERS' FUNDS

8,500,234

8,270,833

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 1 September 2026 and were signed on its behalf by:

Mrs H J Jones - Director

1.	STATUTORY INFORMATION

Discover Parks 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

All fixed assets are initially recorded at cost. Depreciation is calculated so as to write off the cost of a tangible fixed asset, less its estimated residual value, over the useful economic life of that asset as follows:

Freehold Property

-

2% on cost

Plant & Machinery

-

25% reducing balance

Fixtures & Fittings

-

10% reducing balance

Motor Vehicles

-

25% reducing balance

Land

-

Not depreciated

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Amortisation

Amortisation is calculated so as to write off the cost of an intangible fixed asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill

-

10 to 20 years

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2024 - 40 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

Entitlements

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

318,175

1,725

319,900

AMORTISATION

At 1 January 2025

and 31 December 2025

318,175

-

318,175

NET BOOK VALUE

At 31 December 2025

-

1,725

1,725

At 31 December 2024

-

1,725

1,725

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2025

7,556,562

1,914,360

197,136

109,502

9,777,560

Additions

-

426,351

-

41,400

467,751

Disposals

-

(192,048

)

-

(1,390

)

(193,438

)

At 31 December 2025

7,556,562

2,148,663

197,136

149,512

10,051,873

DEPRECIATION

At 1 January 2025

636,433

1,321,580

101,268

87,191

2,146,472

Charge for year

54,302

245,472

9,576

15,925

325,275

Eliminated on disposal

-

(155,106

)

-

(1,377

)

(156,483

)

At 31 December 2025

690,735

1,411,946

110,844

101,739

2,315,264

NET BOOK VALUE

At 31 December 2025

6,865,827

736,717

86,292

47,773

7,736,609

At 31 December 2024

6,920,129

592,780

95,868

22,311

7,631,088

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

1,000

NET BOOK VALUE

At 31 December 2025

1,000

At 31 December 2024

1,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Pearl Lake Leisure Limited

Registered office:

Nature of business: Dormant company

%

Class of shares:

holding

Ordinary

100.00

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

310,143

164,774

Other debtors

148,776

138,567

458,919

303,341

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

324,302

699,575

Amounts owed to group undertakings

37,202

37,202

Taxation and social security

265,051

248,154

Other creditors

1,157,135

1,067,549

1,783,690

2,052,480

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

-

5,308