IRIS Accounts Production v23.3.1.45 11812575 director 1.3.22 28.2.23 28.2.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh118125752022-02-28118125752023-02-28118125752022-03-012023-02-28118125752021-02-28118125752021-03-012022-02-28118125752022-02-2811812575ns10:Originalns15:EnglandWales2022-03-012023-02-2811812575ns14:PoundSterlingns10:Original2022-03-012023-02-2811812575ns10:Originalns10:Director12022-03-012023-02-2811812575ns10:Original2022-03-012023-02-2811812575ns10:Original2023-02-2811812575ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2811812575ns10:Originalns10:SmallEntities2022-03-012023-02-2811812575ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2811812575ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2811812575ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2811812575ns10:Originalns10:FullAccounts2022-03-012023-02-2811812575ns10:Original2021-03-012022-02-2811812575ns10:Originalns10:OrdinaryShareClass12022-03-012023-02-2811812575ns10:Originalns10:RegisteredOffice2022-03-012023-02-2811812575ns10:Original2022-02-2811812575ns10:Originalns5:CurrentFinancialInstruments2023-02-2811812575ns10:Originalns5:CurrentFinancialInstruments2022-02-2811812575ns10:Originalns5:Non-currentFinancialInstruments2023-02-2811812575ns10:Originalns5:Non-currentFinancialInstruments2022-02-2811812575ns5:ShareCapitalns10:Original2023-02-2811812575ns5:ShareCapitalns10:Original2022-02-2811812575ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2811812575ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2811812575ns10:Originalns5:PlantMachinery2022-03-012023-02-2811812575ns10:Originalns5:PlantMachinery2022-02-2811812575ns10:Originalns5:PlantMachinery2023-02-2811812575ns10:Originalns5:PlantMachinery2022-02-2811812575ns10:Originalns10:OrdinaryShareClass12023-02-28
REGISTERED NUMBER: 11812575 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2023

FOR

KJ CARAVANS LIMITED

KJ CARAVANS LIMITED (REGISTERED NUMBER: 11812575)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KJ CARAVANS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2023







DIRECTOR: J A Hughes





REGISTERED OFFICE: 25 Grosvenor Road
Wrexham
Wrexham
LL11 1BT





REGISTERED NUMBER: 11812575 (England and Wales)





ACCOUNTANTS: M. D. Coxey and Co. Limited
Chartered Accountants
25 Grosvenor Road
Wrexham
LL11 1BT

KJ CARAVANS LIMITED (REGISTERED NUMBER: 11812575)

BALANCE SHEET
28TH FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 185,480 223,652

CURRENT ASSETS
Debtors 5 15,428 7,874
Cash in hand 1 1
15,429 7,875
CREDITORS
Amounts falling due within one year 6 232,046 265,097
NET CURRENT LIABILITIES (216,617 ) (257,222 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(31,137

)

(33,570

)

CREDITORS
Amounts falling due after more than one year 7 45,291 -
NET LIABILITIES (76,428 ) (33,570 )

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings (76,429 ) (33,571 )
SHAREHOLDERS' FUNDS (76,428 ) (33,570 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

KJ CARAVANS LIMITED (REGISTERED NUMBER: 11812575)

BALANCE SHEET - continued
28TH FEBRUARY 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23rd November 2023 and were signed by:





J A Hughes - Director


KJ CARAVANS LIMITED (REGISTERED NUMBER: 11812575)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023

1. STATUTORY INFORMATION

KJ Caravans Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Caravans - Straight line over 15 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Going concern
The company has total liabilities which exceed the assets by £76,428 (2022 £33,570) . The liability is supported by the director and will not be withdrawn until such time as the balances can be recovered. It is considered appropriate to prepare these financial statements on the going concern basis.

3. EMPLOYEES AND DIRECTORS

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

KJ CARAVANS LIMITED (REGISTERED NUMBER: 11812575)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023

4. TANGIBLE FIXED ASSETS
Caravans
£   
COST
At 1st March 2022 279,800
Additions 198,800
Disposals (279,800 )
At 28th February 2023 198,800
DEPRECIATION
At 1st March 2022 56,148
Charge for year 13,320
Eliminated on disposal (56,148 )
At 28th February 2023 13,320
NET BOOK VALUE
At 28th February 2023 185,480
At 28th February 2022 223,652

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Deferred tax asset 15,428 7,874

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Hire purchase contracts 18,117 -
Trade creditors 728 -
Amounts owed to related party 212,559 264,257
Accrued expenses 642 840
232,046 265,097

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.23 28.2.22
£    £   
Hire purchase contracts 45,291 -

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 18,117 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
1 Ordinary £1.00 1 1

KJ CARAVANS LIMITED (REGISTERED NUMBER: 11812575)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023

9. CAPITAL COMMITMENTS
28.2.23 28.2.22
£    £   
Contracted but not provided for in the
financial statements - -

10. ULTIMATE CONTROLLING PARTY

The controlling party is J A Hughes.