REGISTERED NUMBER: 04375424 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Squirrel Lodge Ltd

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

523,866

531,166

Investment property

5

457,699

220,000

981,565

751,166

CURRENT ASSETS

Debtors

3,165

3,148

Cash at bank and in hand

564,992

761,229

568,157

764,377

CREDITORS

Amounts falling due within one year

83,967

92,176

NET CURRENT ASSETS

484,190

672,201

TOTAL ASSETS LESS CURRENT LIABILITIES

1,465,755

1,423,367

PROVISIONS FOR LIABILITIES

10,655

10,655

NET ASSETS

1,455,100

1,412,712

CAPITAL AND RESERVES

Called up share capital

202

202

Fair value reserve

571,161

571,161

Retained earnings

883,737

841,349

SHAREHOLDERS' FUNDS

1,455,100

1,412,712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 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 23 November 2025 and were signed on its behalf by:

Mr A A Hunton - Director

Mrs L A King - Director

Mrs K A Wright - Director

1.	STATUTORY INFORMATION

Squirrel Lodge Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04375424

Registered office:

61 Alexandra Road

Lowestoft

Suffolk

NR32 1PL

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.

Freehold property

-

2% on cost

Improvements to property

-

2% on cost

Equipment

-

20% on cost

Computer equipment

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in 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.

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 48 (2024 - 49 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

648,465

Additions

5,770

At 31 March 2025

654,235

DEPRECIATION

At 1 April 2024

117,299

Charge for year

13,070

At 31 March 2025

130,369

NET BOOK VALUE

At 31 March 2025

523,866

At 31 March 2024

531,166

Included in cost of land and buildings is freehold land of £ 175,000 (2024 - £ 175,000 ) which is not depreciated.

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

220,000

Additions

237,699

At 31 March 2025

457,699

NET BOOK VALUE

At 31 March 2025

457,699

At 31 March 2024

220,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2015

4,946

Valuation in 2016

5,935

Valuation in 2017

5,935

Valuation in 2019

10,000

Valuation in 2021

30,000

Cost

400,883

457,699