ACCOUNTS for the controversial Win A Mega Home competition have been filed, the Daily Echo can reveal.

But those who felt let down by the competition, which paid out just £110,070 to a winner on New Year's Eve, rather than drawing for the £3 million house near Ringwood, will find little comfort or additional information.

The Total Exemption Full Accounts filed at Companies House this week only cover the 12 months between May 30 2017 and May 31 2018.

And they show the company, whose directors are entrepreneurs Mark and Sharon Beresford, who are understood to be still living at house in Avon Castle, had cash at the bank and in hand of £2,084, and total current assets, as of May last year, of £16,934.

However, the company also had trade debtors - customers or a customer who had yet to pay for goods or services - of £14,850. And it also had trade creditors owed £18,311.

Any company qualifying as a 'small' company in accordance with Companies Act 2006 is exempt from audit provided they satisfy two out of three basic criteria. The Win A Mega Home company falls into that category.

The luxury Huf Haus set in an idyllic location overlooking the River Avon and a £160,000 supercar were offered as prizes in a raffle designed to sell the property, organised by the Beresfords.

They sold almost 30,000 tickets at £25 each, meaning the competition took roughly £750,000.

But they had hoped to sell up to 250,000 tickets and rules of the contest meant the property and car were not triggered as prizes because they had not sold enough.

The rules also stated that any replacement cash prize would amount to 75 per cent of the value of tickets sold, after promotion costs.

However, the top prize handed out after the New Year's Eve draw was just over £110,000, meaning promotion costs must have amounted to some £600,000. The exact figure has not been revealed.

Winner of the cash prize was Carina Alcock from Christchurch.