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Registered number: 12604333
PENTNEY COUNTRY CLUB LIMITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 31 DECEMBER 2025
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PENTNEY COUNTRY CLUB LIMITED
REGISTERED NUMBER: 12604333
BALANCE SHEET
AS AT 31 DECEMBER 2025
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Stocks and work in progress
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Provisions for liabilities
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Page 1
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PENTNEY COUNTRY CLUB LIMITED
REGISTERED NUMBER: 12604333
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2025
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 5 to 12 form part of these financial statements.
Page 2
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PENTNEY COUNTRY CLUB LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2025
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Comprehensive income for the period
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Revaluation of freehold property
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Deferred tax on revaluation of freehold property
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Other comprehensive income for the period
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Total comprehensive income for the period
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Total transactions with owners
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The notes on pages 5 to 12 form part of these financial statements.
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Page 3
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PENTNEY COUNTRY CLUB LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 MARCH 2025
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Comprehensive income for the year
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Other comprehensive income for the year
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Total comprehensive income for the year
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Total transactions with owners
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The notes on pages 5 to 12 form part of these financial statements.
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Page 4
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PENTNEY COUNTRY CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
Pentney Country Club Limited is a private Company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is 213 Cromford Road, Langley Mill, Nottingham, NG16 4EU. The principal place of activity is Narborough Road, Pentney, King's Lynn, PE32 1JD.
The principal activity of the Company continued to be that of a touring park. The touring site closed in the year ended 31 March 2024 and since then the company has not traded as it is awaiting planning permission.
The Company is part of the Barney Group 1 Ltd Group and group accounts can be obtained from Companies House.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The Company's functional and presentational currency is Pounds Sterling.
The level of rounding is to the nearest £.
The following principal accounting policies have been applied:
The directors have considered the going concern basis in preparing these financial statements.
The current plans and forecasts indicate that the company will require the continued support of the group for the foreseeable future and the directors are confident that the group has the intention and ability to provide the support required.
Accordingly the directors consider it appropriate to prepare the financial statements on the going concern basis and no adjustments have been made should the company not be able to continue as a going concern.
Page 5
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PENTNEY COUNTRY CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
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Current and deferred taxation
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The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Page 6
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PENTNEY COUNTRY CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
No depreciation has been provided on freehold property as the property is maintained in such a state of repair that its residual value is at least equal to its net book value. As a result the corresponding depreciation would not be material and therefore is not charged to the profit and loss account.
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Stock and work in progress
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Work in progress and Stock are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.
At each balance sheet date, work in progress is assessed for impairment. If work in progress is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
Short-term debtors are measured at transaction price.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Short-term creditors are measured at the transaction price.
In any circumstances where there is a potential liability and the amount cannot be estimated reliably then a contingent liability is disclosed.
Page 7
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PENTNEY COUNTRY CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
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Judgements in applying accounting policies and key sources of estimation uncertainty
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Stock valuation
Pitch development is held at cost being £33,547 whilst it remains closed as in the judgement of the directors the site contains planning potential that materiality exceed its carrying value medium term and open market valuation.
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The average monthly number of employees, including directors, during the period was 2 (year ended 31 March 2025 - 2).
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Charge for the period on owned assets
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Cost or valuation at 31 December 2025 is as follows:
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Directors' valuation as at 31 December 2025
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Page 8
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PENTNEY COUNTRY CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
5.Tangible fixed assets (continued)
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If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:
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Stock and work in progress
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Page 9
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PENTNEY COUNTRY CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
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Amounts owed by group undertakings
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Prepayments and accrued income
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Creditors: Amounts falling due within one year
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Amounts owed to group undertakings
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Other taxation and social security
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Accruals and deferred income
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Page 10
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PENTNEY COUNTRY CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
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Charged to profit or loss
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Charged to other comprehensive income
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The provision for deferred taxation is made up as follows:
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Accelerated capital allowances
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Revaluation of freehold property
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Allotted, called up and fully paid
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100 (2025 - 100) Ordinary shares of £1.00 each
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The company is jointly and severally liable in respect of the Parent Company’s bank loan facilities, which comprises revolving loan facilities with a combined maximum drawdown of £35m. This is secured by fixed and floating charges over all the property or undertakings of the Company. At the end of the period the total amount drawn down was £15.29m (year ended 31 March 2025 - £25.94m).
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Related party transactions
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During the year the Company operated loans with its parent company and other group companies. The amount owed to its parent company and other group companies at the year end was £1,917,319 (year ended 31 March 2025 - 1,889,256). These loans are interest free, unsecured and repayable on demand.
During the period the Company incurred management charges from other group companies of £7,500 (year ended 31 March 2025 - £10,000). All management charges are made on an arms length basis.
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Page 11
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PENTNEY COUNTRY CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
The Immediate Parent Undertaking is Baslow Holdings Developments Limited by virtue of its 100% controlling interest in Pentney Country Club Limited.
The Ultimate Parent Undertaking is Barney Group 1 Ltd.
The Ultimate Controlling Parties are Mr A J Barney & Mrs D M Barney by virtue of their 100% shareholding in Barney Group 1 Ltd.
The auditors' report on the financial statements for the period ended 31 December 2025 was unqualified.
The audit report was signed on 30 June 2026 by Andrew Timms (Senior Statutory Auditor) on behalf of UHY Hacker Young.
Page 12
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