Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 30 June 2024 30 June 2024 06259342 Mr Mark Stokes Mrs Georgina Stokes Miss Karlie Stokes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06259342 2023-05-31 06259342 2024-06-30 06259342 2023-06-01 2024-06-30 06259342 frs-core:CurrentFinancialInstruments 2024-06-30 06259342 frs-core:Non-currentFinancialInstruments 2024-06-30 06259342 frs-core:ComputerEquipment 2024-06-30 06259342 frs-core:ComputerEquipment 2023-06-01 2024-06-30 06259342 frs-core:ComputerEquipment 2023-05-31 06259342 frs-core:FurnitureFittings 2024-06-30 06259342 frs-core:FurnitureFittings 2023-06-01 2024-06-30 06259342 frs-core:FurnitureFittings 2023-05-31 06259342 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 06259342 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-06-30 06259342 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 06259342 frs-core:MotorVehicles 2024-06-30 06259342 frs-core:MotorVehicles 2023-06-01 2024-06-30 06259342 frs-core:MotorVehicles 2023-05-31 06259342 frs-core:PlantMachinery 2024-06-30 06259342 frs-core:PlantMachinery 2023-06-01 2024-06-30 06259342 frs-core:PlantMachinery 2023-05-31 06259342 frs-core:ShareCapital 2024-06-30 06259342 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 06259342 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-06-30 06259342 frs-bus:FilletedAccounts 2023-06-01 2024-06-30 06259342 frs-bus:SmallEntities 2023-06-01 2024-06-30 06259342 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-06-30 06259342 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-06-30 06259342 frs-bus:Director1 2023-06-01 2024-06-30 06259342 frs-bus:Director2 2023-06-01 2024-06-30 06259342 frs-bus:CompanySecretary1 2023-06-01 2024-06-30 06259342 frs-core:CurrentFinancialInstruments 1 2024-06-30 06259342 frs-countries:EnglandWales 2023-06-01 2024-06-30 06259342 2022-05-31 06259342 2023-05-31 06259342 2022-06-01 2023-05-31 06259342 frs-core:CurrentFinancialInstruments 2023-05-31 06259342 frs-core:Non-currentFinancialInstruments 2023-05-31 06259342 frs-core:ShareCapital 2023-05-31 06259342 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 06259342 frs-core:CurrentFinancialInstruments 1 2023-05-31
The Caravan Place Limited
Financial Statements
For the Period 1 June 2023 to 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06259342
30 June 2024 31 May 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 64,168 72,523
64,168 72,523
CURRENT ASSETS
Stocks 5 561,505 585,089
Debtors 6 50,975 58,548
Cash at bank and in hand 22,991 -
635,471 643,637
Creditors: Amounts Falling Due Within One Year 7 (482,105 ) (502,171 )
NET CURRENT ASSETS (LIABILITIES) 153,366 141,466
TOTAL ASSETS LESS CURRENT LIABILITIES 217,534 213,989
Creditors: Amounts Falling Due After More Than One Year 8 (17,386 ) (28,271 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,138 ) (4,992 )
NET ASSETS 196,010 180,726
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 195,910 180,626
SHAREHOLDERS' FUNDS 196,010 180,726
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For the period ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Mark Stokes
Director
8 November 2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
The Caravan Place Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06259342 . The registered office is Garden Village Caravans, Bridgenorth Road Shipley, Wolverhampton, Staffordshire, WV6 7EZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0% On Cost
Plant & Machinery 20% On Cost
Motor Vehicles 20% On Cost
Fixtures & Fittings 20% On Cost
Computer Equipment 20% On Cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
(Average number of employees, including directors, during the period was: 10 (2023: 8)
10 8
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 June 2023 46,637 22,923 40,239 61,393
Additions - - - 5,917
As at 30 June 2024 46,637 22,923 40,239 67,310
Depreciation
As at 1 June 2023 385 10,379 40,239 51,488
Provided during the period 895 4,632 - 7,306
As at 30 June 2024 1,280 15,011 40,239 58,794
Net Book Value
As at 30 June 2024 45,357 7,912 - 8,516
As at 1 June 2023 46,252 12,544 - 9,905
Computer Equipment Total
£ £
Cost
As at 1 June 2023 6,644 177,836
Additions - 5,917
As at 30 June 2024 6,644 183,753
...CONTINUED
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Depreciation
As at 1 June 2023 2,822 105,313
Provided during the period 1,439 14,272
As at 30 June 2024 4,261 119,585
Net Book Value
As at 30 June 2024 2,383 64,168
As at 1 June 2023 3,822 72,523
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
5. Stocks
30 June 2024 31 May 2023
£ £
Stock 561,505 585,089
6. Debtors
30 June 2024 31 May 2023
£ £
Due within one year
Trade debtors 50,975 51,980
Corporation tax recoverable assets - 6,568
50,975 58,548
7. Creditors: Amounts Falling Due Within One Year
30 June 2024 31 May 2023
£ £
Trade creditors 40,600 5,998
Bank loans and overdrafts 10,056 34,872
Inter-Company Loan 29,901 37,799
Corporation tax 4,556 -
Other taxes and social security 1,774 2,285
VAT 246 12,135
Other creditors 95,000 95,000
Pension Control 464 (26 )
Accruals and deferred income 2,882 2,420
Directors' loan accounts 296,626 311,688
482,105 502,171
8. Creditors: Amounts Falling Due After More Than One Year
30 June 2024 31 May 2023
£ £
Bank loans 17,386 28,271
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10. Share Capital
30 June 2024 31 May 2023
£ £
Allotted, Called up and fully paid 100 100
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