Company Registration No. 13374789 (England and Wales)
Cheshire Camper Conversions Ltd
Unaudited accounts
for the year ended 31 May 2023
Cheshire Camper Conversions Ltd
Unaudited accounts
Contents
Cheshire Camper Conversions Ltd
Company Information
for the year ended 31 May 2023
Company Number
13374789 (England and Wales)
Registered Office
43 ELLENBROOK ROAD
MANCHESTER
M22 1JH
ENGLAND
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
Cheshire Camper Conversions Ltd
Accountants' report
Accountants' report to the director of Cheshire Camper Conversions Ltd on the preparation of the unaudited statutory accounts for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Cheshire Camper Conversions Ltd for the year ended
31 May 2023 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Cheshire Camper Conversions Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Cheshire Camper Conversions Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cheshire Camper Conversions Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Cheshire Camper Conversions Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Cheshire Camper Conversions Ltd. You consider that Cheshire Camper Conversions Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Cheshire Camper Conversions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
26 July 2023
Cheshire Camper Conversions Ltd
Statement of financial position
as at 31 May 2023
Tangible assets
11,266
6,103
Cash at bank and in hand
567
10,828
Creditors: amounts falling due within one year
(16,561)
(2,785)
Net current assets
20,226
27,083
Total assets less current liabilities
31,492
33,186
Creditors: amounts falling due after more than one year
(77,492)
(75,177)
Net liabilities
(46,000)
(41,991)
Called up share capital
1
1
Profit and loss account
(46,001)
(41,992)
Shareholders' funds
(46,000)
(41,991)
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 July 2023 and were signed on its behalf by
WODA, Bradley
Director
Company Registration No. 13374789
Cheshire Camper Conversions Ltd
Notes to the Accounts
for the year ended 31 May 2023
Cheshire Camper Conversions Ltd is a private company, limited by shares, registered in England and Wales, registration number 13374789. The registered office is 43 ELLENBROOK ROAD, MANCHESTER, M22 1JH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
5 Year Effective Life Reducing Balance
Computer equipment
25% Straight Line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Cheshire Camper Conversions Ltd
Notes to the Accounts
for the year ended 31 May 2023
This is the second year of trade for the company and the working capital has been funded by the Director. The company intends to be profit making in the near future, and the Director has confirmed that the Director's loan will not be called upon within the next 12 months. The director considers that it is appropriate to prepare the financial statements on a going concern basis, as the business has sales in the pipeline that support the forecasts that the business will make profit for at least the next 12 months.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
3,909
3,250
-
7,159
Additions
-
8,978
819
9,797
Disposals
-
(3,250)
-
(3,250)
At 31 May 2023
3,909
8,978
819
13,706
At 1 June 2022
839
217
-
1,056
Charge for the year
977
449
175
1,601
On disposals
-
(217)
-
(217)
At 31 May 2023
1,816
449
175
2,440
At 31 May 2023
2,093
8,529
644
11,266
At 31 May 2022
3,070
3,033
-
6,103
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,571
-
Obligations under finance leases and hire purchase contracts
3,529
-
Cheshire Camper Conversions Ltd
Notes to the Accounts
for the year ended 31 May 2023
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
13,821
-
Loans from directors
45,516
75,177
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).