REGISTERED NUMBER: 14987913 (England and Wales)

LOWTHER HOLIDAY PARK 2 LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D L M Bliss

J N Lowther

J C Morphet

P Rossiter

Mrs S E Sharp

St J Stott

SECRETARY:

Mrs S E Sharp

REGISTERED OFFICE:

The Estate Office

Lowther

Penrith

Cumbria

CA10 2HH

REGISTERED NUMBER:

14987913 (England and Wales)

AUDITORS:

Rushtons

Chartered Accountants

Statutory Auditors

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

FIXED ASSETS

Tangible assets

4

194,452

-

CURRENT ASSETS

Debtors

33,572

100

Cash at bank

64,646

-

98,218

100

CREDITORS

Amounts falling due within one year

292,648

-

NET CURRENT (LIABILITIES)/ASSETS

(194,430

)

100

TOTAL ASSETS LESS CURRENT LIABILITIES

22

100

PROVISIONS FOR LIABILITIES

3,215

-

NET (LIABILITIES)/ASSETS

(3,193

)

100

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(3,293

)

-

(3,193

)

100

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 13 October 2026 and were signed on its behalf by:

J C Morphet - Director

1.	STATUTORY INFORMATION

Lowther Holiday Park 2 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Tangible fixed assets

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

Land is not depreciated.

The gain or loss arising on the disposal of an asset is determined as the difference between sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

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.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade debtors, other debtors, amounts owed by group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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.

Basic financial liabilities

Basic financial liabilities, including trade creditors, other creditors and amounts due to fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Going concern

The financial statements have been prepared on a going concern basis. The company is part of a large profitable group, which will continue to give support and does not intend to place the company under any undue pressure to repay any intercompany loans.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

Additions

194,452

At 31 January 2026

194,452

NET BOOK VALUE

At 31 January 2026

194,452

5.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Adam Calvert FCA (Senior Statutory Auditor)

for and on behalf of Rushtons

6.	RELATED PARTY DISCLOSURES

The ownership of Lowther Holiday Park 2 Limited is as follows: Pure Leisure Group Limited > 100% Pure Leisure Cumbria Limited > 100% Pure Leisure Penrith Limited > 100% Billing Investments Limited > 49% Lowther Holiday Park 2 Limited. The remaining 51% of shares are owned by J N Lowther Holdings Limited Related party transactions are denoted in the table below.

During the year the company entered into the following transactions with related parties:

Sales of goods

Purchase of goods

2026

2025

2026

2025

Other purchases and recharges - Pure Leisure Group Limited

-

-

94

-

Amounts owed to related parties

2026

2025

Lowther Holiday Park Limited

207,648

-

Pure Leisure Group Limited

85,001

-

7.	ULTIMATE CONTROLLING PARTY

The directors consider the ultimate parent undertaking to be J N Lowther Holdings Limited, a company incorporated in the United Kingdom. The registered office address for the parent company is:

Lowther Castle

Lowther

Penrith

United Kingdom

CA10 2HH