Company No: 12633052 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	7,461,616		7,455,538
		7,461,616		7,455,538
Current assets
Stocks		621,522		746,886
Debtors	4	173,194		54,414
Cash at bank and in hand		51,429		150,731
		846,145		952,031
Creditors: amounts falling due within one year	5	( 4,702,085)		( 4,881,218)
Net current liabilities		(3,855,940)		(3,929,187)
Total assets less current liabilities		3,605,676		3,526,351
Creditors: amounts falling due after more than one year	6	( 392,365)		( 422,887)
Provision for liabilities		( 819,500)		( 779,500)
Net assets		2,393,811		2,323,964
Capital and reserves
Called-up share capital	7	100		100
Revaluation reserve		2,752,986		2,894,736
Profit and loss account		( 359,275 )		( 570,872 )
Total shareholder's funds		2,393,811		2,323,964

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Rosecliston Park Limited (registered number: 12633052) were approved and authorised for issue by the Board of Directors on 22 September 2026. They were signed on its behalf by:

Mr R A Hardick Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Rosecliston Park Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 56 The Square, Chagford, TQ13 8AE, United Kingdom.

The principal place of business is Fistral Retreat Park, Rosecliston, Trevemper, Newquay, TR8 5JT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The current year’s financial statements have been prepared for a 12‑month reporting period, whereas the comparative figures relate to a 16‑month period. As a result, the financial performance and position between the two periods are not directly comparable.

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts for the Company's main activities as follows:

Site Rents/Bookings/Pitch fees - Income is recognised over the rental period on a straight line basis.

Lodge sales - Income is recognised when significant risks and rewards have transferred which is typically when the lodge is delivered to the customer.

Sundry turnover - All other income is recognised when goods or services have been supplied.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Land and buildings	50 years straight line
Plant and machinery	10 years straight line
Fixtures and fittings	5 years straight line
Office equipment	5 years straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Tangible assets

	Land and buildings		Plant and machinery		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£
Cost
At 01 January 2025	7,430,336		30,286		11,797		1,192		7,473,611
Additions	78,185		1,703		0		0		79,888
Disposals	( 1,132)		0		0		0		( 1,132)
At 31 December 2025	7,507,389		31,989		11,797		1,192		7,552,367
Accumulated depreciation
At 01 January 2025	11,139		3,083		3,672		179		18,073
Charge for the financial year	66,956		3,128		2,360		238		72,682
Disposals	( 4)		0		0		0		( 4)
At 31 December 2025	78,091		6,211		6,032		417		90,751
Net book value
At 31 December 2025	7,429,298		25,778		5,765		775		7,461,616
At 31 December 2024	7,419,197		27,203		8,125		1,013		7,455,538

The Land element of Land and buildings has not been depreciated.

Revaluation of tangible assets

Land and Buildings represents freehold land and buildings.

The Land and Buildings were valued on 31 December 2025 by the director who is internal to the company. The basis of this valuation was open market value.

There has been no valuation of Land and Buildings by an independent valuer.

Freehold Land and buildings are carried at valuation. If the assets were measured using the cost mode, the carrying amounts would be as follows:

	2025		2024
	£		£
Historical cost	3,812,534		3,735,477
Accumulated depreciation	(53,881)		(7,681)
Carrying value	3,758,653		3,727,796

4. Debtors

	2025		2024
	£		£
Trade debtors	0		12,149
Amounts owed by Group undertakings	112,327		0
Prepayments	36,180		22,644
VAT recoverable	14,807		19,621
Other debtors	9,880		0
	173,194		54,414

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans (secured)	30,161		1,795,713
Trade creditors	108,230		93,534
Amounts owed to Group undertakings	4,433,508		2,885,636
Accruals	5,790		29,737
Other creditors	124,396		76,598
	4,702,085		4,881,218

The bank loans of £30,161 (2024: £1,795,713) are secured by way of fixed and floating charges over all property or undertaking of the company.

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	392,365		422,887

The bank loans of £392,365 (2024: £422,887) are secured by way of fixed and floating charges over all property or undertaking of the company.

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

8. Related party transactions

Transactions with owners holding a participating interest in the entity

During the current year, a loan existed with Brechin Investments Limited. The balance is repayable on demand and no interest was charged during the year. At the balance sheet date, the amount due by Rosecliston Park Limited was £4,434,508 (2024: £2,885,636).

Other related party transactions

During the current year, a loan existed with Ross Park Homes Limited. The balance is payable on demand and no interest was charged during the year. At the balance sheet date, the amount due to Rosecliston Park Limited was £112,327 (2024: £nil).

During the current year, a loan existed with Hardwick Parks Limited. The balance is payable on demand and no interest was charged during the year. At the balance sheet date, the amount due to Rosecliston Park Limited was £9,400 (2024: £nil).