MAIN CAMP LIMITED

Company Registration Number:
04733029 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

MAIN CAMP LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MAIN CAMP LIMITED

Company Information

for the Period Ended 30 April 2024




Director: Manoj Khullar
Sonya Khullar
Registered office: 3 Oakridge Place
Beaconsfield Road
Farnham Common
Slough
Berkshire
SL2 3AH
Company Registration Number: 04733029 (England and Wales)

MAIN CAMP LIMITED

Directors' Report Period Ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal Activities

The principal activity of the company is the holding of investment properties.

Political and charitable donations

The company has not made any financial contribution during the year ending 30 April 2024.

Additional information

The company has prepared a Strategic Report in accordance with Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013 containing a fair view of the company’s business and a brief description of the principal risk and uncertainties facing the company. The report has been sent to all the shareholders of the company.

Directors

The directors shown below have held office during the whole of the period from 01 May 2023 to 30 April 2024
Manoj Khullar

The director(s) shown below were appointed to the company during the period
Sonya Khullar
22 December 2023

This report was approved by the board of directors on 1 September 2024
And Signed On Behalf Of The Board By:

Name: Manoj Khullar
Status: Director

MAIN CAMP LIMITED

Profit and Loss Account

for the Period Ended 30 April 2024


Notes

2024
£

2023
£
Turnover 115,373 113,110
Gross Profit or (Loss) 115,373 113,110
Administrative Expenses ( 29,878 ) ( 14,484 )
Operating Profit or (Loss) 85,495 98,626
Interest Payable and Similar Charges ( 74,261 ) ( 48,907 )
Profit or (Loss) Before Tax 11,234 49,719
Tax on Profit 1,071 ( 12,430 )
Profit or (Loss) for Period 12,305 37,289

The notes form part of these financial statements

MAIN CAMP LIMITED

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,762,879 1,735,000
Total fixed assets: 1,762,879 1,735,000
Current assets
Stocks: 0 3,660
Debtors: 5 14,067
Cash at bank and in hand: 74,592 24,684
Total current assets: 88,659 28,344
Creditors: amounts falling due within one year: 6 ( 1,397,800 ) ( 1,316,910 )
Net current assets (liabilities): ( 1,309,141 ) ( 1,288,566 )
Total assets less current liabilities: 453,738 446,434
Creditors: amounts falling due after more than one year: 7 ( 5,416 ) ( 10,417 )
Total net assets (liabilities): 448,322 436,017

The notes form part of these financial statements

MAIN CAMP LIMITED

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1,000 1,000
Revaluation reserve: 8 74,743 74,743
Profit and loss account: 372,579 360,274
Shareholders funds: 448,322 436,017

For the year ending 30 April 2024 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.

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

This report was approved by the board of directors on 1 September 2024
And Signed On Behalf Of The Board By:

Name: Manoj Khullar
Status: Director

The notes form part of these financial statements

MAIN CAMP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover represents the total invoice value, excluding value added tax, of sales made during the year. Other income mainly includes Insurance recharge recovered from the tenant.

    Tangible fixed assets depreciation policy

    Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over its expected useful life, as follows:

    Land and buildings - Nil
    Other tangible assets - 20% straight line
    Car - 18% reduced balance
    In accordance with FRSSE, no depreciation is provided in respect of freehold properties. This may be a departure from the requirements of the Companies Act 1985, which requires all properties to be depreciated. In the opinion of the director, this departure is necessary for the financial statements to give a true and fair view in accordance with applicable accounting standards, as properties are included in the financial statements at their open market value.

    Other accounting policies

    Tax on (loss)/profit on ordinary activities Analysis of charge in period 2024 2023 £ £ Current tax UK corporation tax 2,134 12,430 Adjustments in respect of previous periods(3,205)

MAIN CAMP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 0

    Manoj Khullar - Director

MAIN CAMP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

MAIN CAMP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible assets

Land & buildings Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 May 2023 1,735,000 874 - 1,735,874
Additions - - 33,999 33,999
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 30 April 2024 1,735,000 874 33,999 1,769,873
Depreciation
At 01 May 2023 - 874 - 874
Charge for year - - 6,120 6,120
On disposals - - - -
Other adjustments - - - -
At 30 April 2024 - 874 6,120 6,994
Net book value
At 30 April 2024 1,735,000 0 27,879 1,762,879
At 30 April 2023 1,735,000 0 - 1,735,000

MAIN CAMP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Debtors


2024
£

2023
£
Trade debtors 14,067
Total 14,067

MAIN CAMP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 931,750 947,375
Taxation and social security 7,665 17,972
Accruals and deferred income 17,583
Other creditors 458,385 333,980
Total 1,397,800 1,316,910

Bank Secured Loan of £931,750 was due for renewal on the 24 April 2024. Other Creditors include Directors Loan of £281,115

MAIN CAMP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 5,416 10,417
Total 5,416 10,417

Bank Loan is due for renewal on 24 April 2024.

MAIN CAMP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

8. Revaluation reserve


2024
£
Balance at 01 May 2023 74,743
Surplus or deficit after revaluation 0
Balance at 30 April 2024 74,743

MAIN CAMP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

9.1.Related party disclosures

Name of related party: Manoj Khullar
Description of relationship:
Director
Description of the transaction:
Money Lent to the company
Balance at 01 May 2023 156,817
Balance at 30 April 2024 281,115

Money Lent by the director to the company

MAIN CAMP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 10. Post balance sheet events

    Redcat Leased Pubs Limited went into administration on the 28 March 2024. The company has appointed Taylor Rose to oversee and manage the company's interest. The company will be invoking AGA arrangements with the Guarantor - Stonegate Pubs Limited at the earliest possible opportunity.