REGISTERED NUMBER: 00842819 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

PARKSIDE LEISURE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P C Sampson

Mrs G F Sampson

Mrs L K Whitnall

A Mansbridge

S Solazzo FCA

A C Smullen

T P Whitnall

C K Whitnall

Mrs C Whitnall

C S Whitnall

A C Whitnall

SECRETARY:

Mrs G F Sampson

REGISTERED OFFICE:

Hertfordshire Zoo

White Stubbs Lane

Broxbourne

Hertfordshire

EN10 7QA

REGISTERED NUMBER:

00842819 (England and Wales)

ACCOUNTANTS:

Brindley Millen Ltd

167 Turners Hill

Cheshunt

Hertfordshire

EN8 9BH

SOLICITORS:

Longmores

24 Castle Street

Hertford

Hertfordshire

SG14 1HP

FIXED ASSETS

Intangible assets

4

261,911

23,475

Tangible assets

5

37,930

73,783

Investments

6

34,300

34,300

Investment property

7

6,244,749

6,244,749

6,578,890

6,376,307

CURRENT ASSETS

Debtors: amounts falling due within one year

8

431,748

407,461

Debtors: amounts falling due after more than one year

8

564,254

-

Cash at bank

539,497

1,141,389

1,535,499

1,548,850

CREDITORS

Amounts falling due within one year

9

323,369

518,701

NET CURRENT ASSETS

1,212,130

1,030,149

TOTAL ASSETS LESS CURRENT LIABILITIES

7,791,020

7,406,456

PROVISIONS FOR LIABILITIES

10

2,235

5,296

NET ASSETS

7,788,785

7,401,160

CAPITAL AND RESERVES

Called up share capital

11

3,500

3,500

Retained earnings

12

7,785,285

7,397,660

SHAREHOLDERS' FUNDS

7,788,785

7,401,160

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 24 September 2026 and were signed on its behalf by:

P C Sampson - Director

Mrs L K Whitnall - Director

1.	STATUTORY INFORMATION

Parkside Leisure 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 as modified by the revaluation of certain assets.

Having taken into account cash flow forecasts for the foreseeable period, the financial statements have been prepared on a going concern basis.

The financial statements are prepared in sterling which is also the functional currency.

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.

SIGNIFICANT JUDGEMENTS AND ESTIMATES

The preparation of these financial statements requires the Directors to exercise judgement and make estimates and assumptions on the book values of assets and liabilities that may not be available from other traditional sources. These estimates and assumptions are based on past experience and factors that are considered to be of relevance and are assessed annually on an ongoing basis. Any adjustments to values are recognised in the period of assessment.

FINANCIAL INSTRUMENTS AND CASH AND CASH EQUIVALENTS

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and recorded at the initial transaction cost. A provision for non-recovery of debtors is made where management consider that a risk exists that the company will not be able to recover fully amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

TURNOVER

Turnover represents rental income receivable and consultancy services provided.

INTANGIBLE ASSETS

Intangible assets are amortised over their useful economic life, with a full year's amortisation charged in the year of acquisition/recognition.

TANGIBLE FIXED ASSETS

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

Plant and machinery

-

15% on cost or reducing balance

Furniture & office equipment

-

20% or 25% on cost

Motor vehicles

-

25% on 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 makes contributions to personal pension schemes on behalf of the directors. The amount charged to the profit and loss account represents the amounts contributed during the period.

INVESTMENT PROPERTIES

Investment properties are held for long term investment and are included in the balance sheet at fair value. Any aggregate surplus or deficit arising from changes in market value is transferred to a fair value reserve. Depreciation is not provided on investment properties.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

23,475

Additions

355,875

At 31 December 2025

379,350

AMORTISATION

Charge for year

117,439

At 31 December 2025

117,439

NET BOOK VALUE

At 31 December 2025

261,911

At 31 December 2024

23,475

5.	TANGIBLE FIXED ASSETS

Furniture

Plant and

& office

Motor

machinery

equipment

vehicles

Totals

£

£

£

£

COST

At 1 January 2025

79,801

59,163

52,710

191,674

Disposals

(54,400

)

-

(35,210

)

(89,610

)

At 31 December 2025

25,401

59,163

17,500

102,064

DEPRECIATION

At 1 January 2025

57,027

49,083

11,781

117,891

Charge for year

3,809

2,520

4,195

10,524

Eliminated on disposal

(53,218

)

-

(11,063

)

(64,281

)

At 31 December 2025

7,618

51,603

4,913

64,134

NET BOOK VALUE

At 31 December 2025

17,783

7,560

12,587

37,930

At 31 December 2024

22,774

10,080

40,929

73,783

The carrying values are reviewed at the year end for impairment if circumstances indicate that the full carrying values may not be recoverable.

6.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 January 2025

and 31 December 2025

34,300

NET BOOK VALUE

At 31 December 2025

34,300

At 31 December 2024

34,300

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Paradise Wildlife Park Limited

Registered office: Paradise Wildlife Park White Stubbs Lane Broxbourne Herts EN10 7QA

Nature of business: Catering services and retail merchandising

%

Class of shares:

holding

Ordinary

100.00

31.12.25

31.12.24

£

£

Aggregate capital and reserves

1,780,752

1,276,692

Profit for the year

504,060

528,837

Parkside Construction Services Ltd

Registered office: Paradise Wildlife Park White Stubbs Lane Broxbourne Herts EN10 7QA

Nature of business: Dormant

%

Class of shares:

holding

Ordinary £1

100.00

31.12.25

31.12.24

£

£

Aggregate capital and reserves

(4,484

)

(4,484

)

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

6,244,749

NET BOOK VALUE

At 31 December 2025

6,244,749

At 31 December 2024

6,244,749

Fair value at 31 December 2025 is represented by:

£

Valuation in 2024

(4,040,416

)

Cost

10,285,165

6,244,749

The property portfolio was valued by Messrs Paul Wallace Professional on 8 April 2025.

The Directors are of the opinion that the fair value of these properties is not materially different to their book values.

8.

DEBTORS

31.12.25

31.12.24

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

3,668

550

Other debtors

402,553

20,141

Directors' current accounts

888

759

Prepayments and accrued income

24,639

386,011

431,748

407,461

Amounts falling due after more than one year:

Other debtors

564,254

-

Aggregate amounts

996,002

407,461

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

29,053

281,101

Amounts owed to group undertakings

100

2,982

Corporation tax

184,970

214,236

Social security and other taxes

72,197

-

Directors' current accounts

34,099

17,882

Accruals and deferred income

2,950

2,500

323,369

518,701

10.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred tax

Provision

2,235

5,296

Deferred

tax

£

Balance at 1 January 2025

5,296

Credit to Income Statement during year

(3,061

)

Balance at 31 December 2025

2,235

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

3,500

Ordinary

£1

3,500

3,500

12.

RESERVES

Retained

earnings

£

At 1 January 2025

7,397,660

Profit for the year

527,625

Dividends

(140,000

)

At 31 December 2025

7,785,285

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.12.25

31.12.24

£

£

Mrs G F Sampson

Balance outstanding at start of year

759

-

Amounts advanced

67,718

62,271

Amounts repaid

(68,477

)

(61,512

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

759

Mrs L K Whitnall

Balance outstanding at start of year

-

357

Amounts advanced

348

331

Amounts repaid

-

(688

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

348

-

T P Whitnall

Balance outstanding at start of year

-

-

Amounts advanced

540

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

540

-

Directors' loans are interest free and repayable on demand.

14.	RELATED PARTY DISCLOSURES