2023-05-012024-04-302024-04-30false11301414DURHAM CARAVANS LIMITED2024-07-03iso4217:GBPxbrli:pure113014142023-05-01113014142024-04-30113014142023-05-012024-04-30113014142022-05-01113014142023-04-30113014142022-05-012023-04-3011301414bus:SmallEntities2023-05-012024-04-3011301414bus:AuditExempt-NoAccountantsReport2023-05-012024-04-3011301414bus:FullAccounts2023-05-012024-04-3011301414bus:PrivateLimitedCompanyLtd2023-05-012024-04-3011301414core:WithinOneYear2024-04-3011301414core:AfterOneYear2024-04-3011301414core:WithinOneYear2023-04-3011301414core:AfterOneYear2023-04-3011301414core:ShareCapital2024-04-3011301414core:SharePremium2024-04-3011301414core:RevaluationReserve2024-04-3011301414core:OtherReservesSubtotal2024-04-3011301414core:RetainedEarningsAccumulatedLosses2024-04-3011301414core:ShareCapital2023-04-3011301414core:SharePremium2023-04-3011301414core:RevaluationReserve2023-04-3011301414core:OtherReservesSubtotal2023-04-3011301414core:RetainedEarningsAccumulatedLosses2023-04-3011301414core:LandBuildings2024-04-3011301414core:PlantMachinery2024-04-3011301414core:Vehicles2024-04-3011301414core:FurnitureFittings2024-04-3011301414core:OfficeEquipment2024-04-3011301414core:NetGoodwill2024-04-3011301414core:IntangibleAssetsOtherThanGoodwill2024-04-3011301414core:ListedExchangeTraded2024-04-3011301414core:UnlistedNon-exchangeTraded2024-04-3011301414core: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:LandBuildings2023-05-012024-04-3011301414core:PlantMachinery2023-05-012024-04-3011301414core:Vehicles2023-05-012024-04-3011301414core:FurnitureFittings2023-05-012024-04-3011301414core:OfficeEquipment2023-05-012024-04-3011301414core:NetGoodwill2023-05-012024-04-3011301414core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3011301414core:ListedExchangeTraded2023-05-012024-04-3011301414core:UnlistedNon-exchangeTraded2023-05-012024-04-3011301414core:MoreThanFiveYears2023-05-012024-04-3011301414core:Non-currentFinancialInstruments2024-04-3011301414core:Non-currentFinancialInstruments2023-04-3011301414dpl:CostSales2023-05-012024-04-3011301414dpl:DistributionCosts2023-05-012024-04-3011301414core:LandBuildings2023-05-012024-04-3011301414core:PlantMachinery2023-05-012024-04-3011301414core:Vehicles2023-05-012024-04-3011301414core:FurnitureFittings2023-05-012024-04-3011301414core:OfficeEquipment2023-05-012024-04-3011301414dpl:AdministrativeExpenses2023-05-012024-04-3011301414core:NetGoodwill2023-05-012024-04-3011301414core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3011301414dpl:GroupUndertakings2023-05-012024-04-3011301414dpl:ParticipatingInterests2023-05-012024-04-3011301414dpl:GroupUndertakingscore:ListedExchangeTraded2023-05-012024-04-3011301414core:ListedExchangeTraded2023-05-012024-04-3011301414dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-05-012024-04-3011301414core:UnlistedNon-exchangeTraded2023-05-012024-04-3011301414dpl: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-exchangeTraded2022-05-012023-04-3011301414core:NetGoodwill2024-04-3011301414core:IntangibleAssetsOtherThanGoodwill2024-04-3011301414core:LandBuildings2024-04-3011301414core:PlantMachinery2024-04-3011301414core:Vehicles2024-04-3011301414core:FurnitureFittings2024-04-3011301414core:OfficeEquipment2024-04-3011301414core:AfterOneYear2024-04-3011301414core:WithinOneYear2024-04-3011301414core:ListedExchangeTraded2024-04-3011301414core:UnlistedNon-exchangeTraded2024-04-3011301414core:ShareCapital2024-04-3011301414core:SharePremium2024-04-3011301414core:RevaluationReserve2024-04-3011301414core:OtherReservesSubtotal2024-04-3011301414core:RetainedEarningsAccumulatedLosses2024-04-3011301414core: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:ListedExch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DURHAM CARAVANS LIMITED

Registered Number
11301414
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2024

DURHAM CARAVANS LIMITED
Company Information
for the year from 1 May 2023 to 30 April 2024

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 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets332,31939,071
32,31939,071
Current assets
Stocks41,329,017899,194
Debtors87,44959,686
Cash at bank and on hand133,999129,916
1,550,4651,088,796
Creditors amounts falling due within one year5(1,292,239)(799,103)
Net current assets (liabilities)258,226289,693
Total assets less current liabilities290,545328,764
Creditors amounts falling due after one year6(9,327)(16,797)
Net assets281,218311,967
Capital and reserves
Called up share capital33
Profit and loss account281,215311,964
Shareholders' funds281,218311,967
The financial statements were approved and authorised for issue by the Board of Directors on 3 July 2024, and are signed on its behalf by:
LOWTHER, Paul Alan
Director
Registered Company No. 11301414
DURHAM CARAVANS LIMITED
Notes to the Financial Statements
for the year ended 30 April 2024

1.Accounting policies
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.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
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.
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.
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.
Revenue from sale of goods
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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
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
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.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Stocks and work in progress
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.
Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.
2.Average number of employees

20242023
Average number of employees during the year129
3.Tangible fixed assets

Land & buildings

Plant & machinery

Office Equipment

Total

££££
Cost or valuation
At 01 May 2311,91718,39415,73946,050
Additions-1,6956,6958,390
Disposals-(10,000)-(10,000)
At 30 April 2411,91710,08922,43444,440
Depreciation and impairment
At 01 May 232762,5054,1986,979
Charge for year1,1271,4973,8556,479
On disposals-(1,337)-(1,337)
At 30 April 241,4032,6658,05312,121
Net book value
At 30 April 2410,5147,42414,38132,319
At 30 April 2311,64115,88911,54139,071
4.Stocks

2024

2023

££
Other stocks1,329,017899,194
Total1,329,017899,194
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables-4,117
Bank borrowings and overdrafts7,5007,500
Taxation and social security114,38098,694
Dividends payable13,37320,873
Other creditors1,057,501665,579
Accrued liabilities and deferred income99,4852,340
Total1,292,239799,103
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.
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts9,32716,797
Total9,32716,797
7.Other commitments
Minimum lease payments under non-cancellable operating leases fall due as follows; 2024 2023 Within one year £90,000 £45,000
8.Events after reporting date
On the 25th May 2024 Durham Caravans Limited were victims of an arson attack which affected some of their inventory. Due to ongoing investigations, at the balance sheet signing date, it is not possible to quantify or estimate the financial impact of this event.
9.Related party transactions
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: 2024 2023 Amounts due to Directors £13,373 £20,873 No interest was charged.