REGISTERED NUMBER: 07719067 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Ivyleaf Combe Holidays Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R L Trotter

Mrs J Trotter

SECRETARY:

REGISTERED OFFICE:

28 Beatrice Road

Bodmin

Cornwall

PL31 1RD

REGISTERED NUMBER:

07719067 (England and Wales)

ACCOUNTANTS:

Nash & Co

Chartered Certified

Accountants

28 Beatrice Road

Bodmin

Cornwall

PL31 1RD

FIXED ASSETS

Tangible assets

4

1,770,172

1,236,262

CURRENT ASSETS

Debtors

5

75

2,645

Cash at bank

13,203

15,917

13,278

18,562

CREDITORS

Amounts falling due within one year

6

609,703

15,051

NET CURRENT (LIABILITIES)/ASSETS

(596,425

)

3,511

TOTAL ASSETS LESS CURRENT LIABILITIES

1,173,747

1,239,773

CREDITORS

Amounts falling due after more than one year

7

(1,230,000

)

(1,230,000

)

PROVISIONS FOR LIABILITIES

(32,004

)

(39,464

)

NET LIABILITIES

(88,257

)

(29,691

)

CAPITAL AND RESERVES

Called up share capital

8

110

110

Retained earnings

(88,367

)

(29,801

)

SHAREHOLDERS' FUNDS

(88,257

)

(29,691

)

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 Statement of Income and Retained Earnings 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:

R L Trotter - Director

1.	STATUTORY INFORMATION

Ivyleaf Combe Holidays 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.

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

-

Straight line over 70 years

Plant and machinery

-

30% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

30% on cost

Computer equipment

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2025

1,362,896

2,580

147,449

Additions

524,724

5,552

-

At 31 December 2025

1,887,620

8,132

147,449

DEPRECIATION

At 1 January 2025

129,138

2,580

145,072

Charge for year

8,243

1,666

(12,718

)

At 31 December 2025

137,381

4,246

132,354

NET BOOK VALUE

At 31 December 2025

1,750,239

3,886

15,095

At 31 December 2024

1,233,758

-

2,377

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

20,250

588

1,533,763

Additions

-

1,178

531,454

At 31 December 2025

20,250

1,766

2,065,217

DEPRECIATION

At 1 January 2025

20,250

461

297,501

Charge for year

-

353

(2,456

)

At 31 December 2025

20,250

814

295,045

NET BOOK VALUE

At 31 December 2025

-

952

1,770,172

At 31 December 2024

-

127

1,236,262

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other debtors

75

2,645

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Social security and other taxes

184

2

VAT

1,954

-

Directors' current accounts

606,365

13,232

Accrued expenses

1,200

1,817

609,703

15,051

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Other loans

30,000

30,000

Share capital treated as debt

1,200,000

1,200,000

1,230,000

1,230,000

Share capital treated as debt represents 1,200,000 redeemable preference shares of £1.00 each.

These shares are redeemable upon one months' notice be either the company or the holder. Should the holder give notice for redemption then the company is obliged to redeem the shares subject to sufficient available profits.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

65

Ordinary Class A shares

£1.00

65

65

35

Ordinary Class B shares

£1.00

35

35

10

Ordinary Class C Shares

£1.00

10

10

110

110

The voting rights and distribution of capital on winding up are the same for all three classes of share capital.

Dividends can be declared on each class of shares individually at the discretion of the directors.

9.	RELATED PARTY DISCLOSURES

The company owns the freehold land and buildings at Ivyleaf Combe Holidays, which includes a property known as Cavendish House. There is a deed of trust in place stating that Cavendish House is held 100% in trust on behalf of the directors, Russell and Julia Trotter.