Stepaside Holidays Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05012903

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		725,000		725,024

			725,000		725,024
CURRENT ASSETS
Debtors	5	29,056		24,239
Cash at bank and in hand		-		2,556

		29,056		26,795
Creditors: Amounts Falling Due Within One Year	6	(167,170 )		(163,721 )

NET CURRENT ASSETS (LIABILITIES)			(138,114 )		(136,926 )

TOTAL ASSETS LESS CURRENT LIABILITIES			586,886		588,098

Creditors: Amounts Falling Due After More Than One Year	7		(507,299 )		(505,036 )

NET ASSETS			79,587		83,062

CAPITAL AND RESERVES
Called up share capital	8		8		8
Revaluation reserve			82,839		82,839
Profit and Loss Account			(3,260 )		215

SHAREHOLDERS' FUNDS			79,587		83,062

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Stepaside Holidays Limited

Balance Sheet (continued)

As At 31 January 2026

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr H C Thomas

Director

15 October 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Stepaside Holidays Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05012903 . The registered office is 29 Abernant Road, Abernant, Aberdare, CF44 0PY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The company had a deficit of assets at the year end. The directors have confirmed their continued support and will not seek repayment of their loans where this would prevent the company from meeting its obligations. Taking account of this support and ongoing rental income, the directors consider the going concern basis appropriate.

2.3. Turnover

Turnover represents the total invoice value, excluding value added tax, of rents and other property income due in respect of the year and derives from the provision of goods falling within the company's ordinary activities.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

20% reducing balance

2.5. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

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Stepaside Holidays Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2025: NIL)

4. Tangible Assets

	Investment Properties	Fixtures & Fittings	Total
	£	£	£
Cost or Valuation
As at 1 February 2025	725,000	1,730	726,730

As at 31 January 2026	725,000	1,730	726,730

Depreciation
As at 1 February 2025	-	1,706	1,706
Provided during the period	-	24	24

As at 31 January 2026	-	1,730	1,730

Net Book Value
As at 31 January 2026	725,000	-	725,000

As at 1 February 2025	725,000	24	725,024

The company's properties are held for investment purposes and are valued by the directors in their professional capacity.

5. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	1,109	1,040
Other debtors	27,947	23,199

	29,056	24,239

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	3,749	3,750
Other creditors	3,879	1,709
Directors' loan accounts	159,542	158,262

	167,170	163,721

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Stepaside Holidays Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	507,299	505,036

The above loan is secured by a mortgage over the company's freehold property.

Included within creditors: amounts falling due after more than one year, £ 507,299 (2023 £ 505,036 ) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

8. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
8 Ordinary Shares of £ 1.00 each	8	8

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