REGISTERED NUMBER: 06422069 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

WITTON CASTLE COUNTRY PARK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D R Allison

N Willson

K I Allison-Dean

M R Allison

T J Hague

REGISTERED OFFICE:

Marton Hall

Church Lane

Sewerby

Bridlington

East Yorkshire

YO15 1DS

REGISTERED NUMBER:

06422069 (England and Wales)

INDEPENDENT AUDITORS:

Ryecroft Glenton

Chartered Accountants & Statutory

Auditors

32 Portland Terrace

Newcastle Upon Tyne

NE2 1QP

FIXED ASSETS

Intangible assets

4

41,667

61,667

Tangible assets

5

12,572,798

12,540,610

12,614,465

12,602,277

CURRENT ASSETS

Stocks

2,462,503

2,338,548

Debtors

6

458,779

296,368

Cash at bank and in hand

2,911,950

1,972,716

5,833,232

4,607,632

CREDITORS

Amounts falling due within one year

7

5,130,160

4,759,259

NET CURRENT ASSETS/(LIABILITIES)

703,072

(151,627

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,317,537

12,450,650

CREDITORS

Amounts falling due after more than one year

8

43,265

44,286

NET ASSETS

13,274,272

12,406,364

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

11

13,274,271

12,406,363

SHAREHOLDERS' FUNDS

13,274,272

12,406,364

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2026 and were signed on its behalf by:

D R Allison - Director

N Willson - Director

1.	STATUTORY INFORMATION

Witton Castle Country Park Limited 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

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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on the going concern basis of accounting, which assumes that the company is able to continue operating as a going concern. The board have considered this assumption, in particular relating to the uncertainty in the UK economy and the ongoing war in the Ukraine and the resultant impact to the company's costs.

Having considered all relevant factors, the board are of the opinion that the going concern basis of accounting remains appropriate.

Related party exemption

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.

Turnover

Turnover represents net invoiced sales of goods and services provided by the company as part of the operation of the caravan parks, excluding value added tax.

Income regarding site fees and insurance is deferred and released over the term of chargeable period, with the deferred amount being recorded as a current liability.

Income regarding light and heat recharges and other sundry park income is accrued and released over the term of the chargeable period, with the accrued amount being recorded as a current asset.

Income regarding park services, caravans and other goods sold are recognised on a receipts basis.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

At the time of the acquisition the directors of the company considered the life of the goodwill to be at least 20 years with information provided at that time.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land, buildings & site development

-

2% on cost, excluding land element

Site offices

-

10% on cost

Plant and equipment

-

15% on reducing balance and 10% on reducing balance

Motor vehicles

-

25% on reducing balance

Hire fleet

-

15% on reducing balance

Fixed assets are depreciated in full in the year of acquisition.

Government grants

Grants relating to revenue are recognised in the Statement of Income and Retained Earnings on a systematic basis over the accounting periods in which the company recognises the related costs for which the grant is intended to compensate.

Grants that are received in respect of expenses or losses already incurred by the company are recognised in the Statement of Income and Retained Earnings in the accounting period in which the grant becomes receivable.

Grants to fund capital assets are initially recognised as a liability in the Statement of Financial Position and are not deducted from the carrying value of an asset. These grants are subsequently released as income in the Statement of Income and Retained Earnings on a systematic basis over the useful economic life of the relevant assets.

Stocks

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

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income. For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying value and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the effective interest rate determined under the contract. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate of the recoverable amount, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the reporting date.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company has implemented automatic enrolment into a workplace pension scheme in relation to all employees.

All contributions payable for the year are charged to the statement of income and retained earnings in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2024 - 31 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

400,000

AMORTISATION

At 1 January 2025

338,333

Charge for year

20,000

At 31 December 2025

358,333

NET BOOK VALUE

At 31 December 2025

41,667

At 31 December 2024

61,667

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 January 2025

13,861,661

1,111,990

14,973,651

Additions

198,920

171,308

370,228

Disposals

-

(56,955

)

(56,955

)

At 31 December 2025

14,060,581

1,226,343

15,286,924

DEPRECIATION

At 1 January 2025

1,838,488

594,553

2,433,041

Charge for year

205,248

97,579

302,827

Eliminated on disposal

-

(21,742

)

(21,742

)

At 31 December 2025

2,043,736

670,390

2,714,126

NET BOOK VALUE

At 31 December 2025

12,016,845

555,953

12,572,798

At 31 December 2024

12,023,173

517,437

12,540,610

Included in cost or valuation of land and buildings is freehold land of £ 7,500,000 (2024 - £ 7,500,000 ) which is not depreciated.

A valuation was done in 2014 on transition to FRS 102 1A and is classed as deemed cost.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

205,958

50,472

Amounts owed by group undertakings

756

1,038

Other debtors

252,065

244,858

458,779

296,368

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

676,916

504,247

Amounts owed to group undertakings

2,783,029

2,678,528

Taxation and social security

298,915

252,589

Other creditors

1,371,300

1,323,895

5,130,160

4,759,259

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

43,265

44,286

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

£

Within one year

23,500

20,000

Between one and five years

86,841

16,667

110,341

36,667

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

1

Ordinary

£1

1

1

11.

RESERVES

Included within retained earnings are distributable reserves of £21,911,917 (2024: £21,044,009).

The profit and loss account includes a revaluation reserve totalling £(8,637,646) (2024: £(8,637,646)) which relates to the company's land and buildings. The value of the land and buildings under historical cost accounting rules is £20,654,492 (2024: £20,660,820).

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

The Report of the Auditors was unqualified.

Andrew Cameron (Senior Statutory Auditor)

for and on behalf of Ryecroft Glenton

13.	CONTINGENT LIABILITIES

The company's bankers hold a cross guarantee between the company and the other members of the group being North Bay Leisure Limited, Marton Hall Leisure Limited, Shorewood Parks Limited, Hornsea Leisure Limited and Shorewood Leisure Group Limited.

It is the opinion of the directors that this guarantee will not crystallise and therefore, nothing has been provided in these financial statements.

14.	RELATED PARTY DISCLOSURES

The company's ultimate parent undertaking is Shorewood Leisure Group Limited, a company incorporated in the United Kingdom. Group consolidated financial statements are available from the group and company's registered office, Marton Hall, Church Lane, Sewerby, Bridlington, YO15 1DS.