IRIS Accounts Production v22.1.0.628 04647825 director 1.5.21 30.4.22 30.4.22 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure046478252021-04-30046478252022-04-30046478252021-05-012022-04-30046478252020-04-30046478252020-05-012021-04-30046478252021-04-3004647825ns16:EnglandWales2021-05-012022-04-3004647825ns15:PoundSterling2021-05-012022-04-3004647825ns11:Director12021-05-012022-04-3004647825ns11:PrivateLimitedCompanyLtd2021-05-012022-04-3004647825ns11:SmallEntities2021-05-012022-04-3004647825ns11:AuditExempt-NoAccountantsReport2021-05-012022-04-3004647825ns11:SmallCompaniesRegimeForDirectorsReport2021-05-012022-04-3004647825ns11:SmallCompaniesRegimeForAccounts2021-05-012022-04-3004647825ns11:FullAccounts2021-05-012022-04-3004647825ns11:RegisteredOffice2021-05-012022-04-3004647825ns6:CurrentFinancialInstruments2022-04-3004647825ns6:CurrentFinancialInstruments2021-04-3004647825ns6:Non-currentFinancialInstruments2022-04-3004647825ns6:Non-currentFinancialInstruments2021-04-3004647825ns6:ShareCapital2022-04-3004647825ns6:ShareCapital2021-04-3004647825ns6:FurtherSpecificReserve3ComponentTotalEquity2022-04-3004647825ns6:FurtherSpecificReserve3ComponentTotalEquity2021-04-3004647825ns6:RetainedEarningsAccumulatedLosses2022-04-3004647825ns6:RetainedEarningsAccumulatedLosses2021-04-3004647825ns6:FurnitureFittings2021-05-012022-04-3004647825ns6:FurnitureFittings2021-04-3004647825ns6:FurnitureFittings2022-04-3004647825ns6:FurnitureFittings2021-04-3004647825ns6:WithinOneYearns6:CurrentFinancialInstruments2022-04-3004647825ns6:WithinOneYearns6:CurrentFinancialInstruments2021-04-3004647825ns6:Secured2022-04-3004647825ns6:Secured2021-04-3004647825ns6:FurtherSpecificReserve3ComponentTotalEquity2021-04-30
REGISTERED NUMBER: 04647825 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2022

FOR

CHAMPION ENTERPRISES (UK) LIMITED

CHAMPION ENTERPRISES (UK) LIMITED (REGISTERED NUMBER: 04647825)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CHAMPION ENTERPRISES (UK) LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2022







DIRECTOR: Mrs S Gavriel



REGISTERED OFFICE: 573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



REGISTERED NUMBER: 04647825 (England and Wales)



ACCOUNTANTS: A K Papadamou & Co
Accountants & Tax Advisors
573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



BANKERS: National Westminster Bank PLC
31 Rother Street
Stratford Upon Avon
Warwickshire
CV37 6ZS

CHAMPION ENTERPRISES (UK) LIMITED (REGISTERED NUMBER: 04647825)

STATEMENT OF FINANCIAL POSITION
30 April 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 412 550
Investment property 5 1,310,000 1,310,000
1,310,412 1,310,550

CURRENT ASSETS
Debtors 6 7,966 21,310
Cash at bank 29,087 1,734
37,053 23,044
CREDITORS
Amounts falling due within one year 7 1,135,794 1,139,955
NET CURRENT LIABILITIES (1,098,741 ) (1,116,911 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

211,671

193,639

CREDITORS
Amounts falling due after more than one
year

8

-

23,750
NET ASSETS 211,671 169,889

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 10 (136,820 ) (136,820 )
Retained earnings 347,491 305,709
SHAREHOLDERS' FUNDS 211,671 169,889

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

CHAMPION ENTERPRISES (UK) LIMITED (REGISTERED NUMBER: 04647825)

STATEMENT OF FINANCIAL POSITION - continued
30 April 2022


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 director and authorised for issue on 14 September 2022 and were signed by:





Mrs S Gavriel - Director


CHAMPION ENTERPRISES (UK) LIMITED (REGISTERED NUMBER: 04647825)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2022

1. STATUTORY INFORMATION

Champion Enterprises (UK) 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Turnover
Turnover is the amount receivable in respect of income from fixed asset investments.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 May 2021
and 30 April 2022 13,542
DEPRECIATION
At 1 May 2021 12,992
Charge for year 138
At 30 April 2022 13,130
NET BOOK VALUE
At 30 April 2022 412
At 30 April 2021 550

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2021
and 30 April 2022 1,310,000
NET BOOK VALUE
At 30 April 2022 1,310,000
At 30 April 2021 1,310,000

CHAMPION ENTERPRISES (UK) LIMITED (REGISTERED NUMBER: 04647825)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2022

5. INVESTMENT PROPERTY - continued

Fair value at 30 April 2022 is represented by:
£   
Valuation in 2016 402,786
Valuation in 2019 (249,606 )
Valuation in 2021 (290,000 )
Cost 1,446,820
1,310,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2022 2021
£    £   
Cost 1,446,820 1,446,820

Investment properties were valued on a market value basis on 15 October 2021 by a professional valuer .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 7,966 21,310

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 23,356 24,700
Trade creditors - (2 )
Taxation and social security 9,833 9,269
Other creditors 1,102,605 1,105,988
1,135,794 1,139,955

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans - 23,750

9. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Bank loans 23,356 48,450

The bank loan provided by National Westminster Bank PLC is secured by way of a legal charge over freehold property situated at 37 Henley Street, Stratford Upon Avon, and 19 Greenhill Street, Stratford Upon Avon.

CHAMPION ENTERPRISES (UK) LIMITED (REGISTERED NUMBER: 04647825)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2022

10. RESERVES
Fair
value
reserve
£   
At 1 May 2021
and 30 April 2022 (136,820 )

11. ULTIMATE CONTROLLING PARTY

The company is under the control of the immediate family members of Mrs S Gavriel, company director.