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REGISTERED NUMBER: 00529225 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

H.W. CAMPION LIMITED

H.W. CAMPION LIMITED (REGISTERED NUMBER: 00529225)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


H.W. CAMPION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: H W Campion
Mrs K L Campion





SECRETARY: Mrs K L Campion





REGISTERED OFFICE: Beckbury Hall
Beckbury
Shifnal
Shropshire
TF11 9DJ





REGISTERED NUMBER: 00529225 (England and Wales)





ACCOUNTANTS: Crombies Accountants Limited
Chartered Accountants
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

H.W. CAMPION LIMITED (REGISTERED NUMBER: 00529225)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,288 7,997
Investments 5 3 3
Investment property 6 10,606,546 10,606,546
10,626,837 10,614,546

CURRENT ASSETS
Stocks 59,500 59,500
Debtors 7 37,380 20,878
Cash at bank 222,894 266,129
319,774 346,507
CREDITORS
Amounts falling due within one year 8 140,636 247,917
NET CURRENT ASSETS 179,138 98,590
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,805,975

10,713,136

CREDITORS
Amounts falling due after more than one
year

9

(4,210,078

)

(4,059,647

)

PROVISIONS FOR LIABILITIES 11 (328,085 ) (328,085 )
NET ASSETS 6,267,812 6,325,404

CAPITAL AND RESERVES
Called up share capital 1,100,000 1,100,000
Fair value reserve 12 2,335,477 2,335,477
Retained earnings 2,832,335 2,889,927
SHAREHOLDERS' FUNDS 6,267,812 6,325,404

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

H.W. CAMPION LIMITED (REGISTERED NUMBER: 00529225)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2024


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 22 July 2024 and were signed on its behalf by:





H W Campion - Director


H.W. CAMPION LIMITED (REGISTERED NUMBER: 00529225)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

H.W. Campion 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents received and proceeds from sale of development properties

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 equipment - 33.3% on cost and 10% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

H.W. CAMPION LIMITED (REGISTERED NUMBER: 00529225)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
equipment
£   
COST
At 1 May 2023 29,258
Additions 22,669
At 30 April 2024 51,927
DEPRECIATION
At 1 May 2023 21,261
Charge for year 10,378
At 30 April 2024 31,639
NET BOOK VALUE
At 30 April 2024 20,288
At 30 April 2023 7,997


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 3
NET BOOK VALUE
At 30 April 2024 3
At 30 April 2023 3

H.W. CAMPION LIMITED (REGISTERED NUMBER: 00529225)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 10,606,546
NET BOOK VALUE
At 30 April 2024 10,606,546
At 30 April 2023 10,606,546

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2011 2,773,525
Valuation in 2015 10,027
Valuation in 2019 (2,406 )
Cost 7,825,400
10,606,546

The Directors have considered the fair value at the reporting date and confirm no change.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 37,380 20,878

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 31,502 30,054
Taxation and social security 91,776 142,304
Other creditors 17,358 75,559
140,636 247,917

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 4,210,078 4,059,647

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 4,210,078 4,059,647

The bank loan is secured on the freehold property of the company.

H.W. CAMPION LIMITED (REGISTERED NUMBER: 00529225)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

11. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 328,085 328,085

Deferred
tax
£   
Balance at 1 May 2023 328,085
Balance at 30 April 2024 328,085

12. RESERVES
Fair
value
reserve
£   
At 1 May 2023
and 30 April 2024 2,335,477