REGISTERED NUMBER: 00567404 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

St. Osyth Beach Estate Ltd

Trading as

Hutleys Caravan Park

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Went

P J Molyneux

A C Hutley

SECRETARY:

G Went

REGISTERED OFFICE:

Hutleys Caravan Park

St. Osyth Beach

Clacton on Sea

Essex

CO16 8TB

REGISTERED NUMBER:

00567404 (England and Wales)

ACCOUNTANTS:

Scrutton Bland Limited

820 The Crescent

Colchester Business Park

Colchester

Essex

CO4 9YQ

FIXED ASSETS

Tangible assets

4

3,222,324

2,872,767

Investment property

5

2,980,951

2,642,490

6,203,275

5,515,257

CURRENT ASSETS

Stocks

405,842

403,296

Debtors

6

348,440

189,331

Cash at bank and in hand

2,357,676

2,543,415

3,111,958

3,136,042

CREDITORS

Amounts falling due within one year

7

1,035,876

925,979

NET CURRENT ASSETS

2,076,082

2,210,063

TOTAL ASSETS LESS CURRENT LIABILITIES

8,279,357

7,725,320

PROVISIONS FOR LIABILITIES

291,631

257,739

NET ASSETS

7,987,726

7,467,581

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Revaluation reserve

8

168,132

168,132

Capital redemption reserve

30,000

30,000

Fair value reserve

8

612,947

566,341

Retained earnings

7,166,647

6,693,108

SHAREHOLDERS' FUNDS

7,987,726

7,467,581

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 November 2025 and were signed on its behalf by:

G Went - Director

A C Hutley - Director

1.	STATUTORY INFORMATION

St. Osyth Beach Estate Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

Land and buildings

-

10% on cost, 3% on cost and 2% on cost

Plant and machinery etc

-

at varying rates on cost

Property under development is classified as either freehold land or assets in the course of construction. No depreciation is provided and such assets are not revalued. On completion they either remain within land & buildings with depreciation provided at an appropriate rate or are transferred to investment property and revalued.

Investment property

Investment properties are shown at the most recent valuation. Gains or losses arising from changes in the fair value of investment properties are recognised in the income statement for the period in which they arise. A fair value reserve is maintained within equity to present the cumulative unrealised gains or losses on investment properties. This reserve us not distributable.

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

Basic financial instruments are recognised at amortised cost.

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.

Hire purchase and leasing commitments

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 28 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 March 2024

3,826,260

1,402,613

5,228,873

Additions

346,998

76,314

423,312

Disposals

-

(10,000

)

(10,000

)

At 28 February 2025

4,173,258

1,468,927

5,642,185

DEPRECIATION

At 1 March 2024

1,137,285

1,218,821

2,356,106

Charge for year

37,416

36,339

73,755

Eliminated on disposal

-

(10,000

)

(10,000

)

At 28 February 2025

1,174,701

1,245,160

2,419,861

NET BOOK VALUE

At 28 February 2025

2,998,557

223,767

3,222,324

At 29 February 2024

2,688,975

183,792

2,872,767

Included in cost of land and buildings is freehold land of £ 1,956,753 (2024 - £ 1,956,753 ) which is not depreciated.

Land & buildings

Assets in the course of construction

Total

£

£

£

Cost

At 1 March 2024

3,691,872

134,388

3,826,260

Additions

12,151

334,847

346,998

Disposals

-

-

-

Surplus/(deficit) on revaluation

-

-

-

Transfers between classes

-

-

-

At 28 February 2025

3,704,023

469,235

4,173,258

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2024

2,642,490

Additions

276,320

Revaluations

62,141

At 28 February 2025

2,980,951

NET BOOK VALUE

At 28 February 2025

2,980,951

At 29 February 2024

2,642,490

Fair value at 28 February 2025 is represented by:

£

Valuation in 2016

(102,056

)

Valuation in 2017

54,000

Valuation in 2018

261,528

Valuation in 2019

22,000

Valuation in 2020

2,500

Valuation in 2021

60,500

Valuation in 2022

229,000

Valuation in 2023

(58,000

)

Valuation in 2024

191,490

Valuation in 2025

62,141

Cost

2,257,848

2,980,951

Investment property was valued by the Directors on 28 February 2025 using applicable house price indices and rental yield indicators.

6.

DEBTORS

28.2.25

29.2.24

£

£

Amounts falling due within one year:

Trade debtors

224,291

116,285

Other debtors

123,208

72,105

347,499

188,390

28.2.25

29.2.24

£

£

Amounts falling due after more than one year:

Other debtors

941

941

Aggregate amounts

348,440

189,331

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

51,859

24,404

Taxation and social security

181,872

114,455

Other creditors

802,145

787,120

1,035,876

925,979

8.

RESERVES

Fair

Revaluation

value

reserve

reserve

Totals

£

£

£

At 1 March 2024

168,132

566,341

734,473

Reserve transfer

-

46,606

46,606

At 28 February 2025

168,132

612,947

781,079

9.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date the total commitment to future minimum lease payments under non-cancellable operating leases was £24,272 (2024 - £10,212)

10.	RELATED PARTY DISCLOSURES

At the year end Mr A Hutley owed £3,743 (2024 £3,743) to the company. This loan is unsecured, interest free and repayable on demand.

Mr B E Hutley paid £4,800 (2024 £4,800) rent to the company.