REGISTERED NUMBER: 09325120 (England and Wales)

SHANGRI LA CHAPEL HILL LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S J Hanger

Miss S T James

SECRETARY:

REGISTERED OFFICE:

Chapel Hill Farm House

Chapel Hill

Pembroke

Pembrokeshire

SA71 5HY

REGISTERED NUMBER:

09325120 (England and Wales)

ACCOUNTANTS:

Bevan Buckland Ltd

Chartered Accountants

Castle Chambers

6 Westgate Hill

Pembroke

Pembrokeshire

SA71 4LB

FIXED ASSETS

Intangible assets

4

120,000

180,000

Tangible assets

5

922,218

935,075

1,042,218

1,115,075

CURRENT ASSETS

Debtors

6

145,614

231,362

Cash at bank and in hand

844,732

1,299,297

990,346

1,530,659

CREDITORS

Amounts falling due within one year

7

101,293

231,445

NET CURRENT ASSETS

889,053

1,299,214

TOTAL ASSETS LESS CURRENT LIABILITIES

1,931,271

2,414,289

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,931,269

2,414,287

SHAREHOLDERS' FUNDS

1,931,271

2,414,289

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 23 September 2026 and were signed on its behalf by:

Miss S T James - Director

Mrs S J Hanger - Director

1.	STATUTORY INFORMATION

Shangri La Chapel Hill 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Freehold property

-

1% on cost

Improvements to property

-

1% on cost

Equipment

-

20% reducing balance

Caravans

-

20% reducing balance

Motor vehicles

-

25% reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2024 - 29 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

300,000

AMORTISATION

At 1 January 2025

120,000

Amortisation for year

60,000

At 31 December 2025

180,000

NET BOOK VALUE

At 31 December 2025

120,000

At 31 December 2024

180,000

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

property

property

Equipment

£

£

£

COST

At 1 January 2025

838,180

29,472

32,807

Additions

-

5,390

2,688

At 31 December 2025

838,180

34,862

35,495

DEPRECIATION

At 1 January 2025

16,764

588

23,085

Charge for year

8,382

349

2,482

At 31 December 2025

25,146

937

25,567

NET BOOK VALUE

At 31 December 2025

813,034

33,925

9,928

At 31 December 2024

821,416

28,884

9,722

Motor

Caravans

vehicles

Totals

£

£

£

COST

At 1 January 2025

98,818

70,985

1,070,262

Additions

-

9,495

17,573

At 31 December 2025

98,818

80,480

1,087,835

DEPRECIATION

At 1 January 2025

60,423

34,327

135,187

Charge for year

7,679

11,538

30,430

At 31 December 2025

68,102

45,865

165,617

NET BOOK VALUE

At 31 December 2025

30,716

34,615

922,218

At 31 December 2024

38,395

36,658

935,075

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

74,060

59,464

Other debtors

71,554

171,898

145,614

231,362

Included in other debtors is an overdrawn directors loan account of £Nil (2024 £152,710). No interest is charged and there is no fixed term repayment of the loan.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

9,319

11,494

Taxation and social security

67,693

197,013

Other creditors

24,281

22,938

101,293

231,445

8.	RELATED PARTY DISCLOSURES

During the year the company paid £25,140 (2024 £25,140) rent to M Hathaway, a relation of a director. All transactions were at full market value and no amounts were outstanding at the year end.

9.	ULTIMATE CONTROLLING PARTY

During the period under review the company was controlled by Mrs S James and Mrs S J Hanger, by virtue of their 100% holding of the issued share capital.