REGISTERED NUMBER: 10585435 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

FRESH ESCAPES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs F Gardner

Mr J B Gardner

REGISTERED OFFICE:

Unit 9F Noss on Dart Marina

Bridge Road

Kingswear

Dartmouth

Devon

TQ6 0EA

REGISTERED NUMBER:

10585435 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

Arbuthnot Latham

Arbuthnot House

7 Wilson Street

London

EC2M 2SN

FIXED ASSETS

Intangible assets

4

981

2,453

Tangible assets

5

32,617

14,307

Investments

6

225,975

225,975

259,573

242,735

CURRENT ASSETS

Debtors

7

-

18,952

Cash at bank

59,798

61,522

59,798

80,474

CREDITORS

Amounts falling due within one year

8

253,189

270,744

NET CURRENT LIABILITIES

(193,391

)

(190,270

)

TOTAL ASSETS LESS CURRENT LIABILITIES

66,182

52,465

CREDITORS

Amounts falling due after more than one year

9

(28,992

)

-

PROVISIONS FOR LIABILITIES

(4,957

)

(175

)

NET ASSETS

32,233

52,290

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

32,232

52,289

SHAREHOLDERS' FUNDS

32,233

52,290

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 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 7 November 2026 and were signed on its behalf by:

Mrs F Gardner - Director

1.	STATUTORY INFORMATION

Fresh Escapes 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.

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.

Software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Software

£

COST

At 1 April 2025

and 31 March 2026

5,888

AMORTISATION

At 1 April 2025

3,435

Amortisation for year

1,472

At 31 March 2026

4,907

NET BOOK VALUE

At 31 March 2026

981

At 31 March 2025

2,453

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

4,971

32,647

10,309

47,927

Additions

-

28,541

1,564

30,105

At 31 March 2026

4,971

61,188

11,873

78,032

DEPRECIATION

At 1 April 2025

1,591

24,240

7,789

33,620

Charge for year

507

9,237

2,051

11,795

At 31 March 2026

2,098

33,477

9,840

45,415

NET BOOK VALUE

At 31 March 2026

2,873

27,711

2,033

32,617

At 31 March 2025

3,380

8,407

2,520

14,307

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

28,541

At 31 March 2026

28,541

DEPRECIATION

Charge for year

7,135

At 31 March 2026

7,135

NET BOOK VALUE

At 31 March 2026

21,406

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2025

and 31 March 2026

225,975

NET BOOK VALUE

At 31 March 2026

225,975

At 31 March 2025

225,975

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Directors' current accounts

-

18,952

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

2,877

-

Amounts owed to associates

110,964

103,522

Tax

13,468

27,471

VAT

754

5,004

Other creditors

122,884

132,606

Directors' current accounts

1

-

Accrued expenses

2,241

2,141

253,189

270,744

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

28,992

-

10.	OTHER FINANCIAL COMMITMENTS

At 31 March 2026, the company had total commitments under non-cancellable operating leases over the remaining life of the those leases of £4,911 (2025: £14,765).

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Mrs F Gardner

Balance outstanding at start of year

9,476

6,707

Amounts advanced

58,243

107,177

Amounts repaid

(67,718

)

(104,408

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1

9,476

Mr J B Gardner

Balance outstanding at start of year

9,476

6,707

Amounts advanced

58,243

107,221

Amounts repaid

(67,719

)

(104,452

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

9,476

Loans are unsecured, interest free and repayable on demand.

12.	RELATED PARTY DISCLOSURES

During the year, total dividends of £124,968 (2025 - £204,000) were paid to the directors .

During the year, the company rented the directors personal residence under a Licence to Occupy agreement for £1,029.

During the year the company borrowed from Fresh Move Ltd, a company Mr James Gardner & Mrs Fiona Gardner are also Directors of, an amount of £2,700 (2025: £13,124). The amount owing to Fresh Move Ltd relating to this loan at the year end, is £65,543 (2025: £62,843).

The company also borrowed an amount of £4,743 (2025: £59,751) from Dart Valley Cottages Ltd during the year, a company that is 100% owned by Fresh Escapes Limited. The company owed £45,421 (2025: £40,679) to Dart Valley Cottages Ltd at the year end.

The loans are unsecured, interest free and repayable on demand.