SOLWAY CAMPER CONVERSIONS LTD

Company Registration Number:
SC579978 (Scotland)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

SOLWAY CAMPER CONVERSIONS LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

SOLWAY CAMPER CONVERSIONS LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 77,841 72,368
Total fixed assets: 77,841 72,368
Current assets
Stocks: 261,529 201,388
Debtors: 4 4,778 0
Cash at bank and in hand: 149,202 168,416
Total current assets: 415,509 369,804
Creditors: amounts falling due within one year: 5 (242,998) (265,375)
Net current assets (liabilities): 172,511 104,429
Total assets less current liabilities: 250,352 176,797
Provision for liabilities: (17,960) (13,750)
Total net assets (liabilities): 232,392 163,047
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 232,292 162,947
Shareholders funds: 232,392 163,047

The notes form part of these financial statements

SOLWAY CAMPER CONVERSIONS LTD

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 July 2024
and signed on behalf of the board by:

Name: J HORSFALL
Status: Director

The notes form part of these financial statements

SOLWAY CAMPER CONVERSIONS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

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.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant & machinery -15% on reducing balance

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value .

Other accounting policies

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

SOLWAY CAMPER CONVERSIONS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 6 5

SOLWAY CAMPER CONVERSIONS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 97,294
Additions 18,150
At 31 October 2023 115,444
Depreciation
At 01 November 2022 24,926
Charge for year 12,677
At 31 October 2023 37,603
Net book value
At 31 October 2023 77,841
At 31 October 2022 72,368

SOLWAY CAMPER CONVERSIONS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

SOLWAY CAMPER CONVERSIONS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Creditors: amounts falling due within one year note

The amount due of £242998 is made up as follows : Taxation & social security £88336 Other creditors 154662