Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-31true22023-04-01falseManufacture of caravans2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11870859 2023-04-01 2024-03-31 11870859 2022-04-01 2023-03-31 11870859 2024-03-31 11870859 2023-03-31 11870859 c:Director2 2023-04-01 2024-03-31 11870859 d:Buildings d:LongLeaseholdAssets 2023-04-01 2024-03-31 11870859 d:Buildings d:LongLeaseholdAssets 2024-03-31 11870859 d:Buildings d:LongLeaseholdAssets 2023-03-31 11870859 d:PlantMachinery 2023-04-01 2024-03-31 11870859 d:PlantMachinery 2024-03-31 11870859 d:PlantMachinery 2023-03-31 11870859 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11870859 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11870859 d:CurrentFinancialInstruments 2024-03-31 11870859 d:CurrentFinancialInstruments 2023-03-31 11870859 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11870859 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11870859 d:ShareCapital 2024-03-31 11870859 d:ShareCapital 2023-03-31 11870859 d:RetainedEarningsAccumulatedLosses 2024-03-31 11870859 d:RetainedEarningsAccumulatedLosses 2023-03-31 11870859 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 11870859 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 11870859 c:FRS102 2023-04-01 2024-03-31 11870859 c:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 11870859 c:FullAccounts 2023-04-01 2024-03-31 11870859 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11870859 2 2023-04-01 2024-03-31 11870859 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 11870859










EDGE CAMPERVANS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
EDGE CAMPERVANS LIMITED
 
 
  
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF EDGE CAMPERVANS LIMITED
FOR THE YEAR ENDED 31 MARCH 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Edge Campervans Limited for the year ended 31 March 2024 which comprise  the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountantswe are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal .com/uk/en/about-us /regulation/ethics /acca-rulebook.html.

This report is made solely to the Board of directors of Edge Campervans Limited, as a body, in accordance with the terms of our engagement letter dated 1st December 2021Our work has been undertaken solely to prepare for your approval the financial statements of Edge Campervans Limited and state those matters that we have agreed to state to the Board of directors of Edge Campervans Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal .com/content/dam/ACCA_Global /Technical /fact/technical-factsheet -163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Edge Campervans Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Edge Campervans Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Edge Campervans Limited. You consider that Edge Campervans Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Edge Campervans Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



McColes & Co (Herts) Ltd
 
First Floor
28 Whitehorse Street
Baldock
Herts
SG7 6QQ
30 January 2025
Page 1

 
EDGE CAMPERVANS LIMITED
REGISTERED NUMBER: 11870859

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
6,118
1,350

  
6,118
1,350

Current assets
  

Stocks
  
32,495
43,700

Debtors: amounts falling due within one year
 5 
25,082
32,914

Cash at bank and in hand
  
17,912
38,978

  
75,489
115,592

Creditors: amounts falling due within one year
 6 
(59,425)
(74,711)

Net current assets
  
 
 
16,064
 
 
40,881

Total assets less current liabilities
  
22,182
42,231

Provisions for liabilities
  

Deferred tax
 7 
-
(257)

  
 
 
-
 
 
(257)

Net assets
  
22,182
41,974


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
22,180
41,972

  
22,182
41,974


Page 2

 
EDGE CAMPERVANS LIMITED
REGISTERED NUMBER: 11870859
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 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 30 January 2025.




C Hubble
Director

The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
EDGE CAMPERVANS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.Accounting policies

 
1.1

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:

 
1.2

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.

 
1.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 4

 
EDGE CAMPERVANS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.Accounting policies (continued)

 
1.4

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 reporting 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 reporting 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 reporting date.


 
1.5

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
10%
Plant and machinery
-
25%

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.

Page 5

 
EDGE CAMPERVANS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.Accounting policies (continued)

 
1.6

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 reporting 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.

 
1.7

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.

 
1.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.9

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.

 
1.10

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.

 
1.11

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.

Page 6

 
EDGE CAMPERVANS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.


General information

The Company is a private company, limited by shares and registered in England.
Its registered number is: 11870859
Its Registered Office is:
First Floor
28 Whitehorse Street
Baldock
Hertfordshire
SG7 6QQ


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 April 2023
-
2,700
2,700


Additions
4,669
1,654
6,323



At 31 March 2024

4,669
4,354
9,023



Depreciation


At 1 April 2023
-
1,350
1,350


Charge for the year on owned assets
467
1,088
1,555



At 31 March 2024

467
2,438
2,905



Net book value



At 31 March 2024
4,202
1,916
6,118



At 31 March 2023
-
1,350
1,350

Page 7

 
EDGE CAMPERVANS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
18,349
29,727

Other debtors
3,452
-

Prepayments and accrued income
3,281
3,187

25,082
32,914



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
4,793
7,045

Corporation tax
-
4,515

Other taxation and social security
8,006
6,480

Other creditors
44,926
55,021

Accruals and deferred income
1,700
1,650

59,425
74,711



7.


Deferred taxation




2024


£






At beginning of year
(257)


Utilised in year
257



At end of year
-

The deferred taxation balance is made up as follows:

2024
2023
£
£


Accelerated capital allowances
-
(257)

-
(257)

Page 8

 
EDGE CAMPERVANS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Related party transactions

The amount due to the directors Mr R Hubble and Mrs C Hubble at the reporting date was £44,926; (2023: £55,021).  The loan does not attract a rate of interest and is repayable on demand.

 
Page 9