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Company Registration No. 06740740 (England and Wales)
PJ Caravan Sales Limited Unaudited accounts for the year ended 31 March 2023
PJ Caravan Sales Limited Unaudited accounts Contents
Page
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PJ Caravan Sales Limited Company Information for the year ended 31 March 2023
Directors
Mr Paul Calvesbert Ms Karen Sharp
Company Number
06740740 (England and Wales)
Registered Office
Southsea Leisure Park Melville Road Southsea Hampshire PO4 9TB United Kingdom
Accountants
SJS Advsiory Ltd Office 20, 5 Charter House Lord Montgomery Way Portsmouth Hampshire PO1 2SN
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PJ Caravan Sales Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
180,026 
335,143 
Debtors
571,413 
1,392,698 
Cash at bank and in hand
1,374,251 
1,689,133 
2,125,690 
3,416,974 
Creditors: amounts falling due within one year
(152,122)
(1,758,752)
Net current assets
1,973,568 
1,658,222 
Total assets less current liabilities
1,973,568 
1,658,222 
Creditors: amounts falling due after more than one year
(180,115)
(281,667)
Net assets
1,793,453 
1,376,555 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,793,353 
1,376,455 
Shareholders' funds
1,793,453 
1,376,555 
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by
Mr Paul Calvesbert Director Company Registration No. 06740740
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PJ Caravan Sales Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
PJ Caravan Sales Limited is a private company, limited by shares, registered in England and Wales, registration number 06740740. The registered office is Southsea Leisure Park, Melville Road, Southsea, Hampshire, PO4 9TB, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Inventories
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Turnover
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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
29,216 
- 
Trade debtors
- 
131,211 
Amounts due from group undertakings etc.
542,197 
881,007 
Other debtors
- 
380,480 
571,413 
1,392,698 
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PJ Caravan Sales Limited Notes to the Accounts for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
103,323 
Obligations under finance leases and hire purchase contracts
- 
2,819 
Trade creditors
60,755 
1,160,779 
Amounts owed to group undertakings and other participating interests
- 
352,362 
Taxes and social security
91,367 
- 
Other creditors
- 
139,469 
152,122 
1,758,752 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
180,115 
281,667 
7
Transactions with related parties
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
8
Controlling party
The ultimate parent company is PJ Holdings (UK) Ltd registered in England & Wales. The ultimate controlling party is Mr P Calvesbert.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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