IRIS Accounts Production v23.3.0.418 12115703 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false Ordinary 0.50000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh121157032022-07-31121157032023-07-31121157032022-08-012023-07-31121157032021-07-31121157032021-08-012022-07-31121157032022-07-3112115703ns10:Originalns15:EnglandWales2022-08-012023-07-3112115703ns14:PoundSterlingns10:Original2022-08-012023-07-3112115703ns10:Originalns10:Director12022-08-012023-07-3112115703ns10:Original2022-08-012023-07-3112115703ns10:Original2023-07-3112115703ns10:Originalns10:PrivateLimitedCompanyLtd2022-08-012023-07-3112115703ns10:Originalns10:SmallEntities2022-08-012023-07-3112115703ns10:Originalns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3112115703ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3112115703ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-012023-07-3112115703ns10:Originalns10:FullAccounts2022-08-012023-07-3112115703ns10:Originalns10:OrdinaryShareClass12022-08-012023-07-3112115703ns10:Originalns10:Director22022-08-012023-07-3112115703ns10:Originalns10:RegisteredOffice2022-08-012023-07-3112115703ns10:Original2022-07-3112115703ns10:Originalns5:CurrentFinancialInstruments2023-07-3112115703ns10:Originalns5:CurrentFinancialInstruments2022-07-3112115703ns10:Originalns5:Non-currentFinancialInstruments2023-07-3112115703ns10:Originalns5:Non-currentFinancialInstruments2022-07-3112115703ns5:ShareCapitalns10:Original2023-07-3112115703ns5:ShareCapitalns10:Original2022-07-3112115703ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-07-3112115703ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3112115703ns10:Original2021-08-012022-07-3112115703ns10:Originalns5:PlantMachinery2022-07-3112115703ns10:Originalns5:ComputerEquipment2022-07-3112115703ns10:Original2022-07-3112115703ns10:Originalns5:PlantMachinery2022-08-012023-07-3112115703ns10:Originalns5:ComputerEquipment2022-08-012023-07-3112115703ns10:Originalns5:PlantMachinery2023-07-3112115703ns10:Originalns5:ComputerEquipment2023-07-3112115703ns10:Originalns5:PlantMachinery2022-07-3112115703ns10:Originalns5:ComputerEquipment2022-07-3112115703ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3112115703ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3112115703ns10:Originalns5:WithinOneYear2023-07-3112115703ns10:Originalns5:WithinOneYear2022-07-3112115703ns5:BetweenOneFiveYearsns10:Original2023-07-3112115703ns5:BetweenOneFiveYearsns10:Original2022-07-3112115703ns10:Originalns5:AllPeriods2023-07-3112115703ns10:Originalns5:AllPeriods2022-07-3112115703ns10:Originalns10:OrdinaryShareClass12023-07-31
REGISTERED NUMBER: 12115703 (England and Wales)















Financial Statements for the Year Ended 31 July 2023

for

Vanlife Conversions Ltd

Vanlife Conversions Ltd (Registered number: 12115703)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Vanlife Conversions Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTORS: O M Arnold
E J Arnold





REGISTERED OFFICE: The Hayloft, Pond Barns Hall Road
Great Bromley
Colchester
Essex
CO7 7TP





REGISTERED NUMBER: 12115703 (England and Wales)





ACCOUNTANTS: Millward, May & Co
Suite 9 Market House
21 Market Place
Wokingham
Berkshire
RG40 1AP

Vanlife Conversions Ltd (Registered number: 12115703)

Statement of Financial Position
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,489 10,313

CURRENT ASSETS
Stocks 6,000 3,500
Debtors 5 4,738 20,929
Cash at bank 97,990 103,629
108,728 128,058
CREDITORS
Amounts falling due within one year 6 96,316 118,095
NET CURRENT ASSETS 12,412 9,963
TOTAL ASSETS LESS CURRENT LIABILITIES 24,901 20,276

CREDITORS
Amounts falling due after more than one year 7 (14,333 ) -

PROVISIONS FOR LIABILITIES (2,373 ) -
NET ASSETS 8,195 20,276

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 8,194 20,275
SHAREHOLDERS' FUNDS 8,195 20,276

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 2 November 2023 and were signed on its behalf by:





O M Arnold - Director


Vanlife Conversions Ltd (Registered number: 12115703)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Vanlife Conversions Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 4 year straight line
Computer equipment - 3 year straight line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Vanlife Conversions Ltd (Registered number: 12115703)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 August 2022 10,109 204 10,313
Additions 6,442 2,951 9,393
Disposals (3,781 ) (204 ) (3,985 )
At 31 July 2023 12,770 2,951 15,721
DEPRECIATION
Charge for year 2,591 641 3,232
At 31 July 2023 2,591 641 3,232
NET BOOK VALUE
At 31 July 2023 10,179 2,310 12,489
At 31 July 2022 10,109 204 10,313

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 500 20,929
Other debtors 4,238 -
4,738 20,929

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 10,000 41,228
Trade creditors 1,097 2,720
Taxation and social security 25,892 51,371
Other creditors 59,327 22,776
96,316 118,095

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans 14,333 -

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.7.23 31.7.22
£    £   
Within one year 8,000 12,000
Between one and five years - 8,000
8,000 20,000

Vanlife Conversions Ltd (Registered number: 12115703)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
2 Ordinary £0.50 1 1

10. RELATED PARTY DISCLOSURES

During the period the directors maintained a loan account with the company. At the period end the company owed the directors £783 (2022 - £86). This loan is interest free, repayable on demand and shown within other creditors.