Silverfin false 31/01/2023 01/02/2022 31/01/2023 Mrs K M Pearce 15/05/2013 Mr M B Pearce 11/02/2009 Mrs S E Pearce 11/02/2009 Mr R B Pearce 11/02/2009 17 October 2023 The principal activity of the Company during the financial year was repairs and servicing of caravans. 06816277 2023-01-31 06816277 bus:Director1 2023-01-31 06816277 bus:Director2 2023-01-31 06816277 bus:Director3 2023-01-31 06816277 bus:Director4 2023-01-31 06816277 2022-01-31 06816277 core:CurrentFinancialInstruments 2023-01-31 06816277 core:CurrentFinancialInstruments 2022-01-31 06816277 core:Non-currentFinancialInstruments 2023-01-31 06816277 core:Non-currentFinancialInstruments 2022-01-31 06816277 core:ShareCapital 2023-01-31 06816277 core:ShareCapital 2022-01-31 06816277 core:RetainedEarningsAccumulatedLosses 2023-01-31 06816277 core:RetainedEarningsAccumulatedLosses 2022-01-31 06816277 core:LeaseholdImprovements 2022-01-31 06816277 core:Vehicles 2022-01-31 06816277 core:OfficeEquipment 2022-01-31 06816277 core:LeaseholdImprovements 2023-01-31 06816277 core:Vehicles 2023-01-31 06816277 core:OfficeEquipment 2023-01-31 06816277 bus:OrdinaryShareClass1 2023-01-31 06816277 2022-02-01 2023-01-31 06816277 bus:FullAccounts 2022-02-01 2023-01-31 06816277 bus:SmallEntities 2022-02-01 2023-01-31 06816277 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 06816277 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 06816277 bus:Director1 2022-02-01 2023-01-31 06816277 bus:Director2 2022-02-01 2023-01-31 06816277 bus:Director3 2022-02-01 2023-01-31 06816277 bus:Director4 2022-02-01 2023-01-31 06816277 core:LeaseholdImprovements core:TopRangeValue 2022-02-01 2023-01-31 06816277 core:Vehicles 2022-02-01 2023-01-31 06816277 core:OfficeEquipment 2022-02-01 2023-01-31 06816277 2021-02-01 2022-01-31 06816277 core:LeaseholdImprovements 2022-02-01 2023-01-31 06816277 core:Non-currentFinancialInstruments 2022-02-01 2023-01-31 06816277 bus:OrdinaryShareClass1 2022-02-01 2023-01-31 06816277 bus:OrdinaryShareClass1 2021-02-01 2022-01-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06816277 (England and Wales)

CALLESTICK CARAVAN SERVICES LIMITED

Unaudited Financial Statements
For the financial year ended 31 January 2023
Pages for filing with the registrar

CALLESTICK CARAVAN SERVICES LIMITED

Unaudited Financial Statements

For the financial year ended 31 January 2023

Contents

CALLESTICK CARAVAN SERVICES LIMITED

COMPANY INFORMATION

For the financial year ended 31 January 2023
CALLESTICK CARAVAN SERVICES LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 January 2023
DIRECTORS Mrs K M Pearce
Mr M B Pearce
Mrs S E Pearce
Mr R B Pearce
REGISTERED OFFICE Treneglos
Callestick
Truro
TR4 9LP
United Kingdom
COMPANY NUMBER 06816277 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Lowin House
Tregolls Road
Truro
Cornwall TR1 2NA
CALLESTICK CARAVAN SERVICES LIMITED

BALANCE SHEET

As at 31 January 2023
CALLESTICK CARAVAN SERVICES LIMITED

BALANCE SHEET (continued)

As at 31 January 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 54,645 18,992
54,645 18,992
Current assets
Debtors 4 1,465 2,204
Cash at bank and in hand 3,475 44,118
4,940 46,322
Creditors: amounts falling due within one year 5 ( 20,397) ( 24,207)
Net current (liabilities)/assets (15,457) 22,115
Total assets less current liabilities 39,188 41,107
Creditors: amounts falling due after more than one year 6 ( 9,333) ( 13,333)
Provision for liabilities ( 862) ( 1,251)
Net assets 28,993 26,523
Capital and reserves
Called-up share capital 7 20 20
Profit and loss account 28,973 26,503
Total shareholders' funds 28,993 26,523

For the financial year ending 31 January 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Callestick Caravan Services Limited (registered number: 06816277) were approved and authorised for issue by the Board of Directors on 17 October 2023. They were signed on its behalf by:

Mrs K M Pearce
Director
Mr M B Pearce
Director
CALLESTICK CARAVAN SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2023
CALLESTICK CARAVAN SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Callestick Caravan Services Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is:
Treneglos
Callestick
Truro
Cornwall
TR4 9LP
United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Leasehold improvements 20 years straight line
Vehicles 15 - 20 % reducing balance
Office equipment 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 4 4

3. Tangible assets

Leasehold improve-
ments
Vehicles Office equipment Total
£ £ £ £
Cost
At 01 February 2022 17,858 0 25,876 43,734
Additions 0 40,962 0 40,962
At 31 January 2023 17,858 40,962 25,876 84,696
Accumulated depreciation
At 01 February 2022 4,022 0 20,720 24,742
Charge for the financial year 891 3,128 1,290 5,309
At 31 January 2023 4,913 3,128 22,010 30,051
Net book value
At 31 January 2023 12,945 37,834 3,866 54,645
At 31 January 2022 13,836 0 5,156 18,992

Included within the net book value of land and buildings above is £12,945 (2022 - £13,836) in respect of long leasehold land and buildings.

4. Debtors

2023 2022
£ £
Trade debtors 778 1,519
Other debtors 687 685
1,465 2,204

5. Creditors: amounts falling due within one year

2023 2022
£ £
Bank loans 4,000 4,000
Trade creditors 0 1,785
Taxation and social security 1,328 2,673
Other creditors 15,069 15,749
20,397 24,207

6. Creditors: amounts falling due after more than one year

2023 2022
£ £
Bank loans 9,333 13,333

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
20 ordinary shares of £ 1.00 each 20 20