Company registration number: 13551032
Unaudited financial statements
for the year ended 30 April 2024
for
The Camper Lab Ltd
Pages for filing with the Registrar
Company registration number: 13551032
The Camper Lab Ltd
Balance sheet
as at 30 April 2024
30 Apr 24 30 Apr 23
Note £ £ £ £
Fixed assets
Tangible assets 4 87,000 43,277
87,000 43,277
Current assets
Stocks 32,588 115,706
Debtors 27,494 20,293
Cash at bank and in hand 169,021 119,693
229,103 255,692
Creditors: amounts falling due within
one year
(137,200) (125,522)
Net current assets 91,903 130,170
Total assets less current liabilities 178,903 173,447
NET ASSETS 178,903 173,447
Capital and reserves
Profit and loss account 178,903 173,447
TOTAL EQUITY 178,903 173,447
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 April 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 13551032
The Camper Lab Ltd
Balance sheet - continued
as at 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr G Williams, Director
29 November 2024
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The Camper Lab Ltd
Notes to the financial statements
for the year ended 30 April 2024
1 Company information
The Camper Lab Ltd is a private company registered in England and Wales. Its registered number is 13551032. The company is limited by shares. Its registered office is Unit 3B, Tilemans Lane, Shipston- on-Stour, Warwickshire, CV36 4QZ.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Fixtures & fittings - 10% straight line
Motor vehicles - 20% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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The Camper Lab Ltd
Notes to the financial statements - continued
for the year ended 30 April 2024
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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 balance sheet date.
3 Average number of employees
During the year the average number of employees was 4 (2023 - 4).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 May 2023 43,277
Additions 62,510
At 30 April 2024 105,787
Depreciation
Charge for year 18,787
At 30 April 2024 18,787
Net book value
At 30 April 2024 87,000
At 30 April 2023 43,277
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