IRIS Accounts Production v24.3.2.46 04647825 director 29.4.23 28.4.24 28.4.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046478252023-04-28046478252024-04-28046478252023-04-292024-04-28046478252022-04-30046478252022-05-012023-04-28046478252023-04-2804647825ns15:EnglandWales2023-04-292024-04-2804647825ns14:PoundSterling2023-04-292024-04-2804647825ns10:Director12023-04-292024-04-2804647825ns10:PrivateLimitedCompanyLtd2023-04-292024-04-2804647825ns10:SmallEntities2023-04-292024-04-2804647825ns10:AuditExempt-NoAccountantsReport2023-04-292024-04-2804647825ns10:SmallCompaniesRegimeForDirectorsReport2023-04-292024-04-2804647825ns10:SmallCompaniesRegimeForAccounts2023-04-292024-04-2804647825ns10:FullAccounts2023-04-292024-04-2804647825ns10:RegisteredOffice2023-04-292024-04-2804647825ns5:CurrentFinancialInstruments2024-04-2804647825ns5:CurrentFinancialInstruments2023-04-2804647825ns5:ShareCapital2024-04-2804647825ns5:ShareCapital2023-04-2804647825ns5:FurtherSpecificReserve3ComponentTotalEquity2024-04-2804647825ns5:FurtherSpecificReserve3ComponentTotalEquity2023-04-2804647825ns5:RetainedEarningsAccumulatedLosses2024-04-2804647825ns5:RetainedEarningsAccumulatedLosses2023-04-2804647825ns5:FurnitureFittings2023-04-292024-04-2804647825ns5:FurnitureFittings2023-04-2804647825ns5:FurnitureFittings2024-04-2804647825ns5:FurnitureFittings2023-04-2804647825ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-2804647825ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-2804647825ns5:FurtherSpecificReserve3ComponentTotalEquity2023-04-28
REGISTERED NUMBER: 04647825 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 28 April 2024

for

CHAMPION ENTERPRISES (UK) LIMITED

CHAMPION ENTERPRISES (UK) LIMITED (REGISTERED NUMBER: 04647825)






Contents of the Financial Statements
for the Year Ended 28 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CHAMPION ENTERPRISES (UK) LIMITED

Company Information
for the Year Ended 28 April 2024







DIRECTOR: Mrs S Gavriel



REGISTERED OFFICE: 573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



REGISTERED NUMBER: 04647825 (England and Wales)



ACCOUNTANTS: A K Papadamou & Co
Accountants & Tax Advisors
573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



BANKERS: National Westminster Bank PLC
31 Rother Street
Stratford Upon Avon
Warwickshire
CV37 6ZS

CHAMPION ENTERPRISES (UK) LIMITED (REGISTERED NUMBER: 04647825)

Statement of Financial Position
28 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,465 309
Investment property 5 1,331,235 1,400,000
1,339,700 1,400,309

CURRENT ASSETS
Debtors 6 14,897 30,686
Cash at bank 2,392 39,066
17,289 69,752
CREDITORS
Amounts falling due within one year 7 1,065,114 1,119,235
NET CURRENT LIABILITIES (1,047,825 ) (1,049,483 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

291,875

350,826

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 8 (119,350 ) (46,820 )
Retained earnings 410,225 396,646
SHAREHOLDERS' FUNDS 291,875 350,826

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 28 January 2025 and were signed by:




Mrs S Gavriel - Director


CHAMPION ENTERPRISES (UK) LIMITED (REGISTERED NUMBER: 04647825)

Notes to the Financial Statements
for the Year Ended 28 April 2024

1. STATUTORY INFORMATION

Champion Enterprises (UK) 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Turnover
Turnover is the amount receivable in respect of income from fixed asset investments.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 29 April 2023 13,542
Additions 10,977
At 28 April 2024 24,519
DEPRECIATION
At 29 April 2023 13,233
Charge for year 2,821
At 28 April 2024 16,054
NET BOOK VALUE
At 28 April 2024 8,465
At 28 April 2023 309

CHAMPION ENTERPRISES (UK) LIMITED (REGISTERED NUMBER: 04647825)

Notes to the Financial Statements - continued
for the Year Ended 28 April 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 29 April 2023 1,400,000
Additions 3,764
Revaluations (72,529 )
At 28 April 2024 1,331,235
NET BOOK VALUE
At 28 April 2024 1,331,235
At 28 April 2023 1,400,000

Fair value at 28 April 2024 is represented by:
£   
Valuation in 2016 402,786
Valuation in 2019 (249,606 )
Valuation in 2021 (290,000 )
Valuation in 2023 90,000
Valuation in 2024 (72,529 )
Cost 1,450,584
1,331,235

If the investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,450,584 1,446,820

Investment properties were valued on a market value basis on 15 October 2021 by a professional valuer .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 14,897 30,686

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 1,412 21,468
Other creditors 1,063,702 1,097,767
1,065,114 1,119,235

CHAMPION ENTERPRISES (UK) LIMITED (REGISTERED NUMBER: 04647825)

Notes to the Financial Statements - continued
for the Year Ended 28 April 2024

8. RESERVES
Fair
value
reserve
£   
At 29 April 2023 (46,820 )
Reserve transfer (72,530 )

At 28 April 2024 (119,350 )

9. ULTIMATE CONTROLLING PARTY

The company is under the control of the immediate family members of Mrs S Gavriel, company director.