The licence fees in that note are not £1 million per year, but capitalised costs over the length of the licence, so realistically the cost is £71k per year. Licences are released to the profit and loss account over the terms of the licence so if £1 million over 20 years, would release one twentieth each year. Still a significant cost. The pages that will detail the cost are not filed at Companies House. The licence is released over the term of the licence and as Theme Park Andy stated, this will be for all licences not just Thomasland. It will however be for significant licences and not trivial (cost) licences like the alcohol licences etc.
I would expect that the park will be focussed on renewing the key licences like Thomasland and the zoo. I think we will see some new attractions, but I do wonder if the are focussing on the next 5 year plan, particularly with the new Universal park coming. The park did well last year and they focussed on the christmas event last year and the lake show. I think we will see something materialise in the next couple of years, but not convinced it will be pirate adventure.
I would expect that the park will be focussed on renewing the key licences like Thomasland and the zoo. I think we will see some new attractions, but I do wonder if the are focussing on the next 5 year plan, particularly with the new Universal park coming. The park did well last year and they focussed on the christmas event last year and the lake show. I think we will see something materialise in the next couple of years, but not convinced it will be pirate adventure.
