Company No: 11959061 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	55,952		8,096
Investments	4	100,003		100,003
		155,955		108,099
Current assets
Debtors	5	821,169		1,357,239
Cash at bank and in hand		94,919		16,596
		916,088		1,373,835
Creditors: amounts falling due within one year	6	( 752,881)		( 987,249)
Net current assets		163,207		386,586
Total assets less current liabilities		319,162		494,685
Creditors: amounts falling due after more than one year	7	( 239,697)		( 245,160)
Net assets		79,465		249,525
Capital and reserves
Called-up share capital	8	1,000		1,000
Profit and loss account		78,465		248,525
Total shareholders' funds		79,465		249,525

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of Moorhaven Holdings Limited (registered number: 11959061) were approved and authorised for issue by the Board of Directors on 02 October 2026. They were signed on its behalf by:

Ms A J Peacock 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

Moorhaven Holdings 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 The Pottery, Moorhaven Village, Ivybridge, PL21 0HB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include 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 £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Revenue from the management charge income is recognised when the invoices are raised and issued to the subsidiaries.

Dividend income

Dividend income is recognised when the company's right to receive payment has been established.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

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 or reducing balance basis over its expected useful life, as follows:

Plant and machinery	4 years straight line
Vehicles	25 % reducing balance
Fixtures and fittings	4 years straight line
Office equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

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.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

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.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	6		6

3. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£
Cost
At 01 April 2025	10,976		0		174		2,379		13,529
Additions	7,900		44,123		0		249		52,272
At 31 March 2026	18,876		44,123		174		2,628		65,801
Accumulated depreciation
At 01 April 2025	3,741		0		160		1,532		5,433
Charge for the financial year	3,896		0		15		505		4,416
At 31 March 2026	7,637		0		175		2,037		9,849
Net book value
At 31 March 2026	11,239		44,123		(1)		591		55,952
At 31 March 2025	7,235		0		14		847		8,096

4. Fixed asset investments

Investments in subsidiaries

	2026
	£
Cost
At 01 April 2025	100,003
At 31 March 2026	100,003
Carrying value at 31 March 2026	100,003
Carrying value at 31 March 2025	100,003

5. Debtors

	2026		2025
	£		£
Amounts owed by Group undertakings	710,712		1,287,199
Amounts owed by directors	31,984		26,473
Prepayments	209		328
Deferred tax asset	62,312		40,516
VAT recoverable	4,542		2,208
Other debtors	11,410		515
	821,169		1,357,239

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	5,460		5,556
Trade creditors	2,213		105
Amounts owed to Group undertakings	86,307		140,797
Amounts owed to directors	64,542		138,411
Other loans	550,057		692,752
Accruals	2,685		4,750
Taxation and social security	17,068		0
Other creditors	24,549		4,878
	752,881		987,249

An amount of £300,057 (2025: £400,184) included in other loans is secured against the property Meade House. A director has also provided a personal guarantee against the capital sum of the loan.

Amounts owed to Group undertakings are repayable on demand and do not bear interest.

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

	2026		2025
	£		£
Bank loans	17,688		23,148
Other creditors	222,009		222,012
	239,697		245,160

There are no amounts included above in respect of which any security has been given by the small entity.

Amounts repayable after more than 5 years are included in creditors falling due over one year:

	2026		2025
	£		£
Bank loans (repayable by instalments)	0		937

8. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
700 Ordinary shares of £ 1.00 each	700		700
300 Ordinary A shares of £ 1.00 each	300		300
	1,000		1,000

9. Related party transactions

Transactions with the entity's directors

At the year end, a director was owed £64,542 (2025: £131,411) by the company. No interest has been charged on this balance. This loan is unsecured and repayable on demand.

At the year end, a director owed £31,984 (2025: £26,473) to the company. Interest is charged on the loan balances at the HMRC official rate throughout the year. This loan is unsecured and repayable on demand.

Guarantees

A director has provided a personal guarantee against the capital sum a loan, of which the capital totals £400,184.

A loan to Moorhaven Holdings Limited for £300,057 (2025: £400,184) has been secured against the property Meade House. This Property is owned by one of the director's of Moorhaven Holdings Limited.

As a Holding Company with wholly owned subsidiaries, the company has taken the advantage of the exemption contained in s.1AC.35 of FRS102, and not disclosed transactions or balances with wholly owned group entities.