Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-306false2023-05-01No description of principal activity6falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01265358 2023-05-01 2024-04-30 01265358 2022-05-01 2023-04-30 01265358 2024-04-30 01265358 2023-04-30 01265358 c:Director2 2023-05-01 2024-04-30 01265358 c:Director3 2023-05-01 2024-04-30 01265358 d:Buildings 2023-05-01 2024-04-30 01265358 d:Buildings 2024-04-30 01265358 d:Buildings 2023-04-30 01265358 d:Buildings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 01265358 d:Buildings d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 01265358 d:PlantMachinery 2023-05-01 2024-04-30 01265358 d:PlantMachinery 2024-04-30 01265358 d:PlantMachinery 2023-04-30 01265358 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 01265358 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 01265358 d:MotorVehicles 2023-05-01 2024-04-30 01265358 d:MotorVehicles 2024-04-30 01265358 d:MotorVehicles 2023-04-30 01265358 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 01265358 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 01265358 d:OfficeEquipment 2023-05-01 2024-04-30 01265358 d:OfficeEquipment 2024-04-30 01265358 d:OfficeEquipment 2023-04-30 01265358 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 01265358 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 01265358 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 01265358 d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 01265358 d:CurrentFinancialInstruments 2024-04-30 01265358 d:CurrentFinancialInstruments 2023-04-30 01265358 d:Non-currentFinancialInstruments 2024-04-30 01265358 d:Non-currentFinancialInstruments 2023-04-30 01265358 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 01265358 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 01265358 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 01265358 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 01265358 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-04-30 01265358 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-04-30 01265358 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 01265358 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-30 01265358 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-04-30 01265358 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-04-30 01265358 d:ShareCapital 2024-04-30 01265358 d:ShareCapital 2023-04-30 01265358 d:RetainedEarningsAccumulatedLosses 2024-04-30 01265358 d:RetainedEarningsAccumulatedLosses 2023-04-30 01265358 c:OrdinaryShareClass1 2023-05-01 2024-04-30 01265358 c:OrdinaryShareClass1 2024-04-30 01265358 c:OrdinaryShareClass1 2023-04-30 01265358 c:OrdinaryShareClass2 2023-05-01 2024-04-30 01265358 c:OrdinaryShareClass2 2024-04-30 01265358 c:OrdinaryShareClass2 2023-04-30 01265358 c:FRS102 2023-05-01 2024-04-30 01265358 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 01265358 c:FullAccounts 2023-05-01 2024-04-30 01265358 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 01265358 d:HirePurchaseContracts d:WithinOneYear 2024-04-30 01265358 d:HirePurchaseContracts d:WithinOneYear 2023-04-30 01265358 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-04-30 01265358 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-04-30 01265358 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 01265358 d:AcceleratedTaxDepreciationDeferredTax 2023-04-30 01265358 6 2023-05-01 2024-04-30 01265358 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-04-30 01265358 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-04-30 01265358 d:LeasedAssetsHeldAsLessee 2024-04-30 01265358 d:LeasedAssetsHeldAsLessee 2023-04-30 01265358 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 01265358














CAMPBELLS OF DEAL LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 APRIL 2024

 
CAMPBELLS OF DEAL LIMITED
REGISTERED NUMBER:01265358

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
                                                                     Note

Fixed assets
  

Tangible assets
 4 
608,364
601,134

Investments
 5 
1,000
1,000

  
609,364
602,134

Current assets
  

Stocks
  
188,612
180,797

Debtors: amounts falling due within one year
 6 
37,982
44,276

Cash at bank and in hand
  
93,229
102,750

  
319,823
327,823

Creditors: amounts falling due within one year
 7 
(186,605)
(213,230)

Net current assets
  
 
 
133,218
 
 
114,593

Total assets less current liabilities
  
742,582
716,727

Creditors: amounts falling due after more than one year
 8 
(510,765)
(514,563)

Provisions for liabilities
  

Deferred tax
 11 
(15,326)
(12,356)

  
 
 
(15,326)
 
 
(12,356)

Net assets
  
£216,491
£189,808


Capital and reserves
  

Called up share capital 
 12 
25,000
25,000

Profit and loss account
  
191,491
164,808

  
£216,491
£189,808


Page 1

 
CAMPBELLS OF DEAL LIMITED
REGISTERED NUMBER:01265358

BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 January 2025.


___________________________
Mr N C Ewbank
___________________________
Miss J E Brophy
Director
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
CAMPBELLS OF DEAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Campbells of Deal Limited is a private company limited by shares incorporated in England and Wales.
The registered number of the company is 01265358.
The registered office of the company is Unit 1-3 Deal Business Park, Minters Yard, Southwall Road, Deal, Kent, CT14 9PZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
CAMPBELLS OF DEAL LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
CAMPBELLS OF DEAL LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, straight line and reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
0% straight line basis
Plant and machinery
-
15% reducing balance basis
Motor vehicles
-
15% / 25% reducing balance basis
Office equipment
-
15% reducing balance basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 5

 
CAMPBELLS OF DEAL LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2023 - 6).


4.


Tangible fixed assets





Freehold property
Plant and machinery
Motor vehicles
Office equipment
Total



Cost or valuation


At 1 May 2023
483,777
124,024
119,982
56,743
784,526


Additions
-
2,328
29,000
454
31,782



At 30 April 2024

483,777
126,352
148,982
57,197
816,308



Depreciation


At 1 May 2023
9,560
85,936
36,389
51,507
183,392


Charge for the year on owned assets
-
5,767
5,443
797
12,007


Charge for the year on financed assets
-
-
12,545
-
12,545



At 30 April 2024

9,560
91,703
54,377
52,304
207,944



Net book value



At 30 April 2024
£474,217
£34,649
£94,605
£4,893
£608,364



At 30 April 2023
£474,217
£38,088
£83,593
£5,236
£601,134

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023



Motor vehicles
77,964
61,750

£77,964
£61,750

Page 6

 
CAMPBELLS OF DEAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Fixed asset investments





Investments in subsidiary companies



Cost or valuation


At 1 May 2023
1,000



At 30 April 2024
£1,000





6.


Debtors

2024
2023


Trade debtors
17,250
30,430

Prepayments and accrued income
20,732
13,846

£37,982
£44,276



7.


Creditors: Amounts falling due within one year

2024
2023

Bank loans
23,683
22,849

Trade creditors
37,066
42,565

Amounts owed to group undertakings
1,143
1,143

Corporation tax
27,997
16,106

Other taxation and social security
17,406
17,314

Obligations under finance lease and hire purchase contracts
5,088
2,308

Other creditors
69,288
106,017

Accruals and deferred income
4,934
4,928

£186,605
£213,230



8.


Creditors: Amounts falling due after more than one year

2024
2023

Bank loans
250,980
272,602

Net obligations under finance leases and hire purchase contracts
59,785
41,961

Other creditors
200,000
200,000

£510,765
£514,563


Page 7

 
CAMPBELLS OF DEAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023

Amounts falling due within one year

Bank loans
23,683
22,849


23,683
22,849

Amounts falling due 1-2 years

Bank loans
21,644
23,961


21,644
23,961

Amounts falling due 2-5 years

Bank loans
37,257
46,623


37,257
46,623

Amounts falling due after more than 5 years

Bank loans
192,079
202,018

192,079
202,018

£274,663
£295,451



10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023


Within one year
5,088
2,308

Between 1-5 years
60,410
41,961

£65,498
£44,269

Page 8

 
CAMPBELLS OF DEAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

11.


Deferred taxation




2024





At beginning of year
(12,356)


Charged to profit or loss
(2,970)



At end of year
£(15,326)

The provision for deferred taxation is made up as follows:

2024
2023


Accelerated capital allowances
15,326
12,356

£15,326
£12,356


12.


Share capital

2024
2023
Allotted, called up and fully paid



20,000 (2023 - 20,000) Ordinary shares of £1.00 each
20,000
20,000
5,000 (2023 - 5,000) A Ordinary shares of £1.00 each
5,000
5,000

£25,000

£25,000



13.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £22,625 (2023  - £22,487). Contributions totalling £365 (2023 - £521) were payable to the fund at the balance sheet date and are included in creditors.

Page 9