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REGISTERED NUMBER: 00435452 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

HILLANDALE CARAVAN FINANCE LIMITED

HILLANDALE CARAVAN FINANCE LIMITED (REGISTERED NUMBER: 00435452)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HILLANDALE CARAVAN FINANCE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: D G Lloyd Jones





REGISTERED OFFICE: Lincomb Lock
Titton
Stourport on Severn
Worcestershire
DY13 9QR





REGISTERED NUMBER: 00435452 (England and Wales)





AUDITORS: Crowe U.K. LLP
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

HILLANDALE CARAVAN FINANCE LIMITED (REGISTERED NUMBER: 00435452)

BALANCE SHEET
31 MARCH 2024

2024 2023
(Unaudited)
Notes £    £   
CURRENT ASSETS
Debtors 4 1,829,848 2,168,780
Cash at bank and in hand 6,788 64,777
1,836,636 2,233,557
CREDITORS
Amounts falling due within one year 5 400,074 834,770
NET CURRENT ASSETS 1,436,562 1,398,787
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,436,562

1,398,787

CAPITAL AND RESERVES
Called up share capital 25,000 25,000
Retained earnings 1,411,562 1,373,787
SHAREHOLDERS' FUNDS 1,436,562 1,398,787

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 November 2024 and were signed by:





D G Lloyd Jones - Director


HILLANDALE CARAVAN FINANCE LIMITED (REGISTERED NUMBER: 00435452)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Hillandale Caravan Finance 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.

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.

The prior reporting period for the entity was unaudited.

Turnover
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Interest income on the provision of caravan finance given is recognised over the term of the hire purchase loan agreement. Where these loans are provided at an interest rate below market value, the value of the loan is reduced to fair value and the resulting interest recognised over the credit term within turnover.

Financial instruments
Debtors
Short term debtors are measured at transaction price, less any impairment.

Hire purchase loans, which are basic financial Instruments, are initially recorded at the present value of future payments discounted at a market rate of interest for a similar loan. Subsequently, they are measured at amortised cost using the effective interest method. Hire purchase loans that are receivable within one year are not discounted.

Creditors
Short term creditors are measured at transaction price.

There are no complex financial instruments.

Going concern
The company has cash resources and no requirement for external funding. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

HILLANDALE CARAVAN FINANCE LIMITED (REGISTERED NUMBER: 00435452)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. DEBTORS
2024 2023
(Unaudited)
£    £   
Amounts falling due within one year:
Amounts receivable in respect of
hire purchase contracts

622,618

667,477
Other debtors 38,277 46,552
660,895 714,029

Amounts falling due after more than one year:
Amounts receivable in respect of
hire purchase contracts

1,168,953

1,454,751

Aggregate amounts 1,829,848 2,168,780

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
(Unaudited)
£    £   
Trade creditors 1,595 689
Amounts owed to group undertakings 383,568 797,083
Corporation tax 8,061 33,498
Accrued expenses 6,850 3,500
400,074 834,770

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Hayley Lavery (Senior Statutory Auditor)
for and on behalf of Crowe U.K. LLP

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Denis Lloyd Jones by virtue of his shareholding in the immediate parent undertaking, Lickhill Manor Limited. Their registered office is Lincomb Lock, Titton, Stourport On Severn, Worcestershire, England, DY13 9QR.

The results of this financial year have been consolidated into Lickhill Manor Limited for the year ended 31 March 2024.

HILLANDALE CARAVAN FINANCE LIMITED (REGISTERED NUMBER: 00435452)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. RELATED PARTY TRANSACTIONS

The Company has taken advantage of the exemption contained within section 33.1A of FRS 102 to not disclose transactions between wholly owned members of the same group.

Included within other debtors is a balance of £37,032 for a loan provided to a relative
of one of the directors.