REGISTERED NUMBER: 10225972 (England and Wales)

THE PAVILLION (NORFOLK) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

8

DIRECTORS:

Mrs J E M Wallis

Mr I J Wallis

REGISTERED OFFICE:

20 Kings Lynn Road

Hunstanton

Norfolk

PE36 5HP

REGISTERED NUMBER:

10225972 (England and Wales)

FIXED ASSETS

Tangible assets

4

169,952

208,120

Investment property

5

295,000

295,000

464,952

503,120

CURRENT ASSETS

Stocks

22,840

75,516

Debtors

6

631,954

311,126

Cash at bank and in hand

853,748

779,680

1,508,542

1,166,322

CREDITORS

Amounts falling due within one year

7

377,370

364,218

NET CURRENT ASSETS

1,131,172

802,104

TOTAL ASSETS LESS CURRENT LIABILITIES

1,596,124

1,305,224

CREDITORS

Amounts falling due after more than one year

8

-

(27,033

)

PROVISIONS FOR LIABILITIES

(31,949

)

(38,191

)

NET ASSETS

1,564,175

1,240,000

CAPITAL AND RESERVES

Called up share capital

100

100

Profit and loss account

1,564,075

1,239,900

SHAREHOLDERS' FUNDS

1,564,175

1,240,000

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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2026 and were signed on its behalf by:

Mrs J E M Wallis - Director

Mr I J Wallis - Director

1.	STATUTORY INFORMATION

The Pavillion (Norfolk) 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.

Turnover

Turnover 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.

Leasehold improvements

- 20% on Cost

Plant and machinery

- 20% Reducing balance

Motor vehicles

- 25% Reducing balance

Office equipment

- 15% Reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 20 (2024 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

275,572

409,512

685,084

Disposals

-

(12,000

)

(12,000

)

At 31 December 2025

275,572

397,512

673,084

DEPRECIATION

At 1 January 2025

229,301

247,663

476,964

Charge for year

11,568

26,600

38,168

Eliminated on disposal

-

(12,000

)

(12,000

)

At 31 December 2025

240,869

262,263

503,132

NET BOOK VALUE

At 31 December 2025

34,703

135,249

169,952

At 31 December 2024

46,271

161,849

208,120

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

295,000

NET BOOK VALUE

At 31 December 2025

295,000

At 31 December 2024

295,000

The Director's believe that the market value of the investment property held in the Company as at 31 December 2024 is £295,000.

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

2,260

-

Other debtors

471,178

311,126

473,438

311,126

Amounts falling due after more than one year:

Other debtors

158,516

-

Aggregate amounts

631,954

311,126

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,773

10,000

Hire purchase contracts

22,045

6,462

Trade creditors

11,666

3,534

Taxation and social security

327,569

138,768

Other creditors

10,317

205,454

377,370

364,218

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

4,988

Hire purchase contracts

-

22,045

-

27,033

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

Mrs J E M Wallis

Balance outstanding at start of year

306,312

(21,026

)

Amounts advanced

347,626

516,243

Amounts repaid

(373,432

)

(188,905

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

280,506

306,312

Mr I J Wallis

Balance outstanding at start of year

(173,131

)

(45,064

)

Amounts advanced

412,136

61,984

Amounts repaid

(49,833

)

(190,051

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

189,172

(173,131

)

The loan accounts are unsecured and interest is charged on any overdrawn balance at the official rate of interest.