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Registered number: 13181453
ALDER COUNTRY PARK LTD
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 31 DECEMBER 2025
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ALDER COUNTRY PARK LTD
REGISTERED NUMBER: 13181453
BALANCE SHEET
AS AT 31 DECEMBER 2025
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Stock and work in progress
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Debtors: amounts falling due after more than one year
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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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ALDER COUNTRY PARK LTD
REGISTERED NUMBER: 13181453
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 3 to 11 form part of these financial statements.
Page 2
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ALDER COUNTRY PARK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
Alder Country Park Ltd is a private company limited by shares incorporated in England and Wales, United Kingdom. The address of the registered office is 213 Cromford Road, Langley Mill, Nottingham, NG16 4EU. The principal place of business is Alder Country Park, Bacton Road, North Walsham, NR28 0RA.
The principal activity of the Company continued to be that of the management of a mixed use park and the sale of park homes / lodges.
The Company is part of the Barney Group 1 Ltd group of Companies 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 3
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ALDER COUNTRY PARK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Hire fleet income
Hire fleet income is recognised on an accruals basis in the period to which it relates.
Sale of park homes on normal terms
The transaction is recognised on exchange of contract.
Sale of Park Homes on extended credit terms
From time to time the directors may take the commercial decision to sell a block of Park Homes on extended credit terms. The transaction is recognised on exchange provided there are no indications that the customer would be unable to settle sums owing on the transaction.
Rental for pitches
The transaction is recognised in equal monthly instalments over the term of the rental agreement.
Recharge for utilities
The transaction is recognised as the service are rendered.
All other sources of income are recognised on an accruals basis in the period to which they relate.
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
Page 4
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ALDER COUNTRY PARK LTD
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.
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.
Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. No depreciation has been provided for on freehold property as the property is maintained in such a state of repair that it's residual value is at least equal to it's net book value. As a result the corresponding depreciation would not be material, and therefore is not charged to the profit and loss account.
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.
Page 5
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ALDER COUNTRY PARK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
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Revaluation of tangible fixed assets
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Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.
Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.
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Stock and work in progress
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Stocks and works in progress are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.
At each balance sheet date, stocks and works in progress are assessed for impairment. If stock 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, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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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. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Page 6
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ALDER COUNTRY PARK LTD
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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Valuation of land and buildings
Land and buildings are stated at fair value based upon the valuation performed by an independent professional valuer. The valuers have recent experience in the location and category of the property valued. The valuer used observable market prices adjusted as necessary for any difference in the future, location or condition of the specific asset. The Directors therefore rely on the calculations provided by third party property valuers which are prepared on generally accepted valuation methods.
Long term credit arrangements
The directors have entered into a long term credit arrangement of the sale of £1.21m of Park Homes with a long-established customer. Each time the directors enter into such a transaction they assess the credit worthiness of the customer concerned and in this case have concluded that the debt is recoverable.
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The average monthly number of employees, including directors, during the period was 11 (March 2025 - 15)
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Charge for the period on owned assets
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Page 7
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ALDER COUNTRY PARK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
5.Tangible fixed assets (continued)
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The net book value of land and buildings may be further analysed as follows:
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Cost or valuation at 31 December 2025 is as follows:
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Directors' valuation 31 December 2025
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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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Stocks and work in progress
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Page 8
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ALDER COUNTRY PARK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
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Due after more than one year
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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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Payments received on account
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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 9
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ALDER COUNTRY PARK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
9.Deferred taxation (continued)
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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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Deferred tax on revaluation and deferred gains on group transfers of freehold property
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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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Allotted, called up and fully paid
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100 (2025 - 100) Ordinary shares of £1.00 each
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Page 10
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ALDER COUNTRY PARK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £2,031 (Year ended 31 March 2025 - £4,135). Contributions totalling £760 (Year ended 31 March 2025 - £832) were payable to the fund at the balance sheet date and are included in creditors.
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Related party transactions
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During the period the Company operated loans with other group companies and its parent company. The net amounts owed to other group companies and its parent company at the year end was £7,873,559 (Year ended 31 March 2025 - £8,062,219). These loans are interest free, unsecured and repayable on demand.
During the period the Company incurred management charges from other group companies of £112,500 (Year ended 31 March 2025 - £150,000). All management charges are made on an arms length basis.
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The Immediate Parent Undertaking is Baslow Parks Limited.
The Ultimate Parent Undertaking is Barney Group 1 Ltd by virtue of its 100% controlling interest in the Group.
The Ultimate Controlling party is Mr A J Barney & Mrs D M Barney by virtue of their joint 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 11
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