REGISTERED NUMBER: 09293424 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

FIRST RESORT EVENTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Sadie Isabella Shard

Mr William Pringle

REGISTERED OFFICE:

The Crescent Hotel

2 Belvoir Terrace

Scarborourgh

North Yorkshire

YO11 2PP

REGISTERED NUMBER:

09293424 (England and Wales)

FIXED ASSETS

Property, plant and equipment

4

85,976

84,408

CURRENT ASSETS

Inventories

33,367

30,896

Debtors

5

97,234

92,191

Cash at bank and in hand

15,571

17,862

146,172

140,949

CREDITORS

Amounts falling due within one year

6

254,269

219,359

NET CURRENT LIABILITIES

(108,097

)

(78,410

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(22,121

)

5,998

PROVISIONS FOR LIABILITIES

21,494

21,102

NET LIABILITIES

(43,615

)

(15,104

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(43,715

)

(15,204

)

(43,615

)

(15,104

)

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 17 September 2026 and were signed on its behalf by:

Sadie Isabella Shard - Director

1.	STATUTORY INFORMATION

First Resort Events 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.

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

Revenue 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

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

Fixtures and fittings

-

15% on reducing balance and not provided

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Stocks are valued at the lower of cost and net realisable value.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Payments to defined contribution pension schemes are charged as an expense in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 25 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

185,769

4,900

3,395

194,064

Additions

18,072

-

749

18,821

At 31 December 2025

203,841

4,900

4,144

212,885

DEPRECIATION

At 1 January 2025

101,841

4,625

3,190

109,656

Charge for year

16,855

69

329

17,253

At 31 December 2025

118,696

4,694

3,519

126,909

NET BOOK VALUE

At 31 December 2025

85,145

206

625

85,976

At 31 December 2024

83,928

275

205

84,408

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade debtors

3,264

10,262

Amounts owed by group undertakings

73,989

76,602

Other debtors

19,981

5,327

97,234

92,191

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Payments on account

7,736

4,411

Trade creditors

44,706

47,094

Taxation and social security

52,017

35,767

Other creditors

149,810

132,087

254,269

219,359

7.	CONTINGENT LIABILITIES

The company has guaranteed the bank borrowings of its parent company, The Bloomsbury Property Company (Scarborough) Limited by a guarantee of £795,000 and a debenture. At 31 December 2025 the bank borrowings of that company amounted to £506,270 (2024 £573,082).

8.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of The Bloomsbury Property Company (Scarborough) Limited, whose company reference is 09268832 and was incorporated in England and Wales.

The Bloomsbury Property Company (Scarborough) Limited is under the control of the director, Miss Sadie Isabella Shard, and as such she is deemed the ultimate controlling party.