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Registered number: 07409223
Campbell Pools Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Naylor Accountancy Services Ltd
25 Hursley Road
Chandler's Ford
Eastleigh
Hampshire
SO53 2FS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07409223
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,164 33,247
22,164 33,247
CURRENT ASSETS
Stocks 78,214 90,826
Debtors 5 51,798 66,322
Cash at bank and in hand 2,501 40,121
132,513 197,269
Creditors: Amounts Falling Due Within One Year 6 (131,331 ) (189,431 )
NET CURRENT ASSETS (LIABILITIES) 1,182 7,838
TOTAL ASSETS LESS CURRENT LIABILITIES 23,346 41,085
Creditors: Amounts Falling Due After More Than One Year 7 (22,516 ) (23,500 )
NET ASSETS 830 17,585
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 828 17,583
SHAREHOLDERS' FUNDS 830 17,585
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
L Henderson
Director
12th September 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Campbell Pools Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07409223 . The registered office is 25 Hursley Road, Chandler's Ford, Eastleigh, Hampshire, SO53 2FS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These  financial statements have been prepared  in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" (FRS 102") and the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company.  Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
2.2. Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation,net of depreciation and any  impairment losses.
Depreciation is recognised as to write off the cost or valuation  of  assets  less  residual values over their  useful lives on the following bases:
Motor Vehicles 25% straight line
Fixtures & Fittings 25% straight line
The gain or loss arising on the disposal of an asset is determined as the difference beween the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
2.4. Stocks and Work in Progress
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.6. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2.7. Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2022: 11)
10 11
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2023 72,090 1,717 73,807
As at 31 December 2023 72,090 1,717 73,807
Depreciation
As at 1 January 2023 38,843 1,717 40,560
Provided during the period 11,083 - 11,083
As at 31 December 2023 49,926 1,717 51,643
Net Book Value
As at 31 December 2023 22,164 - 22,164
As at 1 January 2023 33,247 - 33,247
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 7,535 21,092
Other debtors 44,263 45,230
51,798 66,322
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 43,818 96,288
Bank loans and overdrafts 41,060 16,000
Other creditors 5,868 38,399
Taxation and social security 40,585 38,744
131,331 189,431
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 22,516 23,500
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Page 5
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
Dividends paid to directors 
10. Dividends
2023 2022
£ £
On equity shares:
Final dividend paid 46,000 80,000
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