REGISTERED NUMBER: 10782027 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Hillside Meadow Lodges Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C J Cook

Mrs P A Cook

M C Cook

REGISTERED OFFICE:

Canvas Farm

Knayton

THIRSK

North Yorkshire

YO7 4BR

REGISTERED NUMBER:

10782027 (England and Wales)

ACCOUNTANTS:

King Hope

34 Romanby Road

NORTHALLERTON

North Yorkshire

DL7 8NF

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

1,257,471

1,282,630

1,257,472

1,282,631

CURRENT ASSETS

Stocks

38,993

1,717

Debtors

6

67,992

65,141

Cash at bank and in hand

119,110

293,924

226,095

360,782

CREDITORS

Amounts falling due within one year

7

(251,499

)

(495,387

)

NET CURRENT LIABILITIES

(25,404

)

(134,605

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,232,068

1,148,026

CREDITORS

Amounts falling due after more than one year

8

(35,802

)

(55,425

)

PROVISIONS FOR LIABILITIES

10

(29,644

)

(32,390

)

NET ASSETS

1,166,622

1,060,211

CAPITAL AND RESERVES

Called up share capital

320

320

Retained earnings

1,166,302

1,059,891

1,166,622

1,060,211

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 28 October 2026 and were signed on its behalf by:

M C Cook - Director

1.	STATUTORY INFORMATION

Hillside Meadow Lodges 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised when customers acquire vacant possession of their lodges and payment received in full.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of fifty years.

Website development costs are being amortised evenly over their estimated useful life of five years.

Patents & licences

The amount included in patents and licences relates to a perpetual easement.

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

-

25% on cost

Site formation

-

4% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

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 debtors 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.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, 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.

Shareholder loans are unsecured, interest-free and repayable on demand. The shareholder loans are recognised at the amount payable and are classified as creditors falling due within one year.

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 operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

The financial statements are prepared on a going concern basis which the Directors believe to be appropriate for the following reasons:

Due to the uncertainty of the impact of the current economic climate it is difficult to predict future trading, however, the Directors are confident that the company can maintain sufficient liquidity for the foreseeable future.

Having considered the risks and uncertainties described above, the Directors have a reasonable expectation that the Company have sufficient financial resources to meet their obligations as they fall due within the next twelve months. The Directors have therefore concluded that it is appropriate to prepare these financial statements on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 February 2025

and 31 January 2026

2,386

AMORTISATION

At 1 February 2025

and 31 January 2026

2,385

NET BOOK VALUE

At 31 January 2026

1

At 31 January 2025

1

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2025

884,930

592,521

1,477,451

Additions

-

2,541

2,541

At 31 January 2026

884,930

595,062

1,479,992

DEPRECIATION

At 1 February 2025

-

194,821

194,821

Charge for year

-

27,700

27,700

At 31 January 2026

-

222,521

222,521

NET BOOK VALUE

At 31 January 2026

884,930

372,541

1,257,471

At 31 January 2025

884,930

397,700

1,282,630

Included in cost of land and buildings is freehold land of £ 884,930 (2025 - £ 884,930 ) which is not depreciated.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

62,401

60,909

Prepayments

5,591

4,232

67,992

65,141

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

18,838

18,435

Trade creditors

5,603

5,937

Taxation and social security

70,185

92,816

Other creditors

156,873

378,199

251,499

495,387

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

35,802

55,425

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

54,640

73,860

The bank has a fixed and floating charge covering all property and undertakings of the company together with a personal guarantee from one of the Directors.

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

Accelerated capital allowances

29,644

32,390

Deferred

tax

£

Balance at 1 February 2025

32,390

Credit to Income Statement during year

(2,746

)

Balance at 31 January 2026

29,644

11.	PENSION COMMITMENTS

The company makes contributions to defined contribution pension schemes for the benefit of its directors. The assets of the schemes are held separately from those of the company in independently administered funds.

At the balance sheet date, there were no outstanding or prepaid contributions due to the funds (2025 - £0).

12.	RELATED PARTY DISCLOSURES

A Director has provided a personal guarantee for the company bank facilities.

On 14 August 2024 the company purchased freehold land from a Director at a market value of £850,000. The land purchase was funded by means of a Directors loan. The total amount outstanding to all related parties at 31 January 2026 was £22,842 (2025 - £249,329), is included within other creditors.

During the year a total of £226,487 was repaid to related parties.

The loan is unsecured, interest-free and repayable on demand.