2022-05-012023-04-302023-04-30false11301414DURHAM CARAVANS LIMITED2023-11-21iso4217:GBPxbrli:pure113014142022-05-01113014142023-04-30113014142022-05-012023-04-30113014142021-05-01113014142022-04-30113014142021-05-012022-04-3011301414bus:SmallEntities2022-05-012023-04-3011301414bus:AuditExempt-NoAccountantsReport2022-05-012023-04-3011301414bus:FullAccounts2022-05-012023-04-3011301414bus:PrivateLimitedCompanyLtd2022-05-012023-04-3011301414core:WithinOneYear2023-04-3011301414core:AfterOneYear2023-04-3011301414core:WithinOneYear2022-04-3011301414core:AfterOneYear2022-04-3011301414core:ShareCapital2023-04-3011301414core:SharePremium2023-04-3011301414core:RevaluationReserve2023-04-3011301414core:OtherReservesSubtotal2023-04-3011301414core:RetainedEarningsAccumulatedLosses2023-04-3011301414core:ShareCapital2022-04-3011301414core:SharePremium2022-04-3011301414core:RevaluationReserve2022-04-3011301414core:OtherReservesSubtotal2022-04-3011301414core:RetainedEarningsAccumulatedLosses2022-04-3011301414core:LandBuildings2023-04-3011301414core:PlantMachinery2023-04-3011301414core:Vehicles2023-04-3011301414core:FurnitureFittings2023-04-3011301414core:OfficeEquipment2023-04-3011301414core:NetGoodwill2023-04-3011301414core:IntangibleAssetsOtherThanGoodwill2023-04-3011301414core:ListedExchangeTraded2023-04-3011301414core:UnlistedNon-exchangeTraded2023-04-3011301414core:LandBuildings2022-04-3011301414core:PlantMachinery2022-04-3011301414core:Vehicles2022-04-3011301414core:FurnitureFittings2022-04-3011301414core:OfficeEquipment2022-04-3011301414core:NetGoodwill2022-04-3011301414core:IntangibleAssetsOtherThanGoodwill2022-04-3011301414core:ListedExchangeTraded2022-04-3011301414core:UnlistedNon-exchangeTraded2022-04-3011301414core:LandBuildings2022-05-012023-04-3011301414core:PlantMachinery2022-05-012023-04-3011301414core:Vehicles2022-05-012023-04-3011301414core:FurnitureFittings2022-05-012023-04-3011301414core:OfficeEquipment2022-05-012023-04-3011301414core:NetGoodwill2022-05-012023-04-3011301414core:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-3011301414core:ListedExchangeTraded2022-05-012023-04-3011301414core:UnlistedNon-exchangeTraded2022-05-012023-04-3011301414core:MoreThanFiveYears2022-05-012023-04-3011301414core:Non-currentFinancialInstruments2023-04-3011301414core:Non-currentFinancialInstruments2022-04-3011301414dpl:CostSales2022-05-012023-04-3011301414dpl:DistributionCosts2022-05-012023-04-3011301414core:LandBuildings2022-05-012023-04-3011301414core:PlantMachinery2022-05-012023-04-3011301414core:Vehicles2022-05-012023-04-3011301414core:FurnitureFittings2022-05-012023-04-3011301414core:OfficeEquipment2022-05-012023-04-3011301414dpl:AdministrativeExpenses2022-05-012023-04-3011301414core:NetGoodwill2022-05-012023-04-3011301414core:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-3011301414dpl:GroupUndertakings2022-05-012023-04-3011301414dpl:ParticipatingInterests2022-05-012023-04-3011301414dpl:GroupUndertakingscore:ListedExchangeTraded2022-05-012023-04-3011301414core:ListedExchangeTraded2022-05-012023-04-3011301414dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-05-012023-04-3011301414core:UnlistedNon-exchangeTraded2022-05-012023-04-3011301414dpl:CostSales2021-05-012022-04-3011301414dpl:DistributionCosts2021-05-012022-04-3011301414core:LandBuildings2021-05-012022-04-3011301414core:PlantMachinery2021-05-012022-04-3011301414core:Vehicles2021-05-012022-04-3011301414core:FurnitureFittings2021-05-012022-04-3011301414core:OfficeEquipment2021-05-012022-04-3011301414dpl:AdministrativeExpenses2021-05-012022-04-3011301414core:NetGoodwill2021-05-012022-04-3011301414core:IntangibleAssetsOtherThanGoodwill2021-05-012022-04-3011301414dpl:GroupUndertakings2021-05-012022-04-3011301414dpl:ParticipatingInterests2021-05-012022-04-3011301414dpl:GroupUndertakingscore:ListedExchangeTraded2021-05-012022-04-3011301414core:ListedExchangeTraded2021-05-012022-04-3011301414dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-05-012022-04-3011301414core:UnlistedNon-exchangeTraded2021-05-012022-04-3011301414core:NetGoodwill2023-04-3011301414core:IntangibleAssetsOtherThanGoodwill2023-04-3011301414core:LandBuildings2023-04-3011301414core:PlantMachinery2023-04-3011301414core:Vehicles2023-04-3011301414core:FurnitureFittings2023-04-3011301414core:OfficeEquipment2023-04-3011301414core:AfterOneYear2023-04-3011301414core:WithinOneYear2023-04-3011301414core:ListedExchangeTraded2023-04-3011301414core:UnlistedNon-exchangeTraded2023-04-3011301414core:ShareCapital2023-04-3011301414core:SharePremium2023-04-3011301414core:RevaluationReserve2023-04-3011301414core:OtherReservesSubtotal2023-04-3011301414core:RetainedEarningsAccumulatedLosses2023-04-3011301414core:NetGoodwill2022-04-3011301414core:IntangibleAssetsOtherThanGoodwill2022-04-3011301414core:LandBuildings2022-04-3011301414core:PlantMachinery2022-04-3011301414core:Vehicles2022-04-3011301414core:FurnitureFittings2022-04-3011301414core:OfficeEquipment2022-04-3011301414core:AfterOneYear2022-04-3011301414core:WithinOneYear2022-04-3011301414core:ListedExch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DURHAM CARAVANS LIMITED

Registered Number
11301414
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2023

DURHAM CARAVANS LIMITED
Company Information
for the year from 1 May 2022 to 30 April 2023

Directors

GOODENOUGH, Craig
HEMPSALL, Dean
LOWTHER, Paul Alan

Registered Address

Unit 3 Belmont Industrial Estate
Durham
DH1 1TN

Registered Number

11301414 (England and Wales)
DURHAM CARAVANS LIMITED
Statement of Financial Position
30 April 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets639,07118,187
39,07118,187
Current assets
Stocks9899,194244,345
Debtors1059,686115,315
Cash at bank and on hand129,916129,858
1,088,796489,518
Creditors amounts falling due within one year11(799,104)(301,715)
Net current assets (liabilities)289,692187,803
Total assets less current liabilities328,763205,990
Creditors amounts falling due after one year12(16,797)(24,375)
Net assets311,966181,615
Capital and reserves
Called up share capital33
Profit and loss account311,963181,612
Shareholders' funds311,966181,615
The financial statements were approved and authorised for issue by the Board of Directors on 21 November 2023, and are signed on its behalf by:
GOODENOUGH, Craig
Director
Registered Company No. 11301414
DURHAM CARAVANS LIMITED
Notes to the Financial Statements
for the year ended 30 April 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Principal activities
The principle activity of the company in the year under review was that of sale and repair of caravans and motorhomes.
3.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). There was no material departures from the standard. The principle accounting policies adopted in the preparation of the financial statements are set in the notes to the accounts and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
4.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Land and buildings10
Plant and machinery25
Office Equipment15
Stocks policy
Stocks are valued at the lower of cost and selling price less estimated costs to sell, after making due allowance for obsolete and slow moving items.
Revenue recognition policy
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, usually on dispatch of the goods.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
Valuation of financial instruments policy
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.
Going concern
The financial statements are prepared on the going concern basis which assumes that the company will continue to trade. If the company is unable to continue to trade, adjustments would be required to reduce the value of assets to their recoverable amounts, to provide for any further liabilities that might arise and to analyse long term liabilities as current assets.
5.Employee information

20232022
Average number of employees during the year96
6.Property, plant and equipment

Land & buildings

Plant & machinery

Office Equipment

Total

££££
Cost or valuation
At 01 May 22-7,99511,98019,975
Additions11,91710,3993,75926,075
At 30 April 2311,91718,39415,73946,050
Depreciation and impairment
At 01 May 22-3331,4551,788
Charge for year2762,1722,7435,191
At 30 April 232762,5054,1986,979
Net book value
At 30 April 2311,64115,88911,54139,071
At 30 April 22-7,66210,52518,187
7.Description of financial commitments other than capital commitments
Minimum lease payments under non-concellable operating leases fall due as follows; 2023 2022 Within one year £45,000 £45,000
8.Description of nature of transactions and balances 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 conducted under normal market conditions. There were no related party transactions not conducted under normal market conditions, except for the following: 2023 2022 Amounts due to Directors £20,873 £84,997 No interest was charged.
9.Stocks

2023

2022

££
Other stocks899,194244,345
Total899,194244,345
10.Debtors

2023

2022

££
Trade debtors / trade receivables-37,431
Other debtors50,00055,123
Prepayments and accrued income9,68622,761
Total59,686115,315
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
11.Creditors within one year

2023

2022

££
Trade creditors / trade payables4,11748,680
Bank borrowings and overdrafts7,5007,500
Taxation and social security98,69444,704
Dividends payable20,87384,998
Other creditors665,58053,389
Accrued liabilities and deferred income2,34062,444
Total799,104301,715
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
12.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts16,79724,375
Total16,79724,375