IRIS Accounts Production v24.3.2.46 01011757 director 1.11.23 31.10.24 31.10.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh010117572023-10-31010117572024-10-31010117572023-11-012024-10-31010117572022-10-31010117572022-11-012023-10-31010117572023-10-3101011757ns15:EnglandWales2023-11-012024-10-3101011757ns14:PoundSterling2023-11-012024-10-3101011757ns10:Director12023-11-012024-10-3101011757ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3101011757ns10:SmallEntities2023-11-012024-10-3101011757ns10:AuditExemptWithAccountantsReport2023-11-012024-10-3101011757ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3101011757ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3101011757ns10:AbridgedAccounts2023-11-012024-10-310101175712023-11-012024-10-3101011757ns10:RegisteredOffice2023-11-012024-10-3101011757ns5:CurrentFinancialInstruments2024-10-3101011757ns5:CurrentFinancialInstruments2023-10-3101011757ns5:Non-currentFinancialInstruments2024-10-3101011757ns5:Non-currentFinancialInstruments2023-10-3101011757ns5:ShareCapital2024-10-3101011757ns5:ShareCapital2023-10-3101011757ns5:SharePremium2024-10-3101011757ns5:SharePremium2023-10-3101011757ns5:RevaluationReserve2024-10-3101011757ns5:RevaluationReserve2023-10-3101011757ns5:CapitalRedemptionReserve2024-10-3101011757ns5:CapitalRedemptionReserve2023-10-3101011757ns5:RetainedEarningsAccumulatedLosses2024-10-3101011757ns5:RetainedEarningsAccumulatedLosses2023-10-3101011757ns5:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3101011757ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-11-012024-10-3101011757ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-11-012024-10-3101011757ns5:LeaseholdImprovements2023-11-012024-10-3101011757ns5:FurnitureFittings2023-11-012024-10-3101011757ns5:MotorVehicles2023-11-012024-10-3101011757ns5:ComputerEquipment2023-11-012024-10-3101011757ns5:Secured2024-10-3101011757ns5:Secured2023-10-3101011757ns5:RevaluationReserve2023-10-31010117571ns10:Director12023-10-31010117571ns10:Director12022-10-31010117571ns10:Director12023-11-012024-10-31010117571ns10:Director12022-11-012023-10-31010117571ns10:Director12024-10-31010117571ns10:Director12023-10-31
REGISTERED NUMBER: 01011757 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 October 2024

for

CLEVELAND MOTORHOMES LIMITED

CLEVELAND MOTORHOMES LIMITED (REGISTERED NUMBER: 01011757)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 8

CLEVELAND MOTORHOMES LIMITED

Company Information
for the Year Ended 31 October 2024







Director: C K Jackson





Registered office: 43 Coniscliffe Road
Darlington
Co. Durham
DL3 7EH





Registered number: 01011757 (England and Wales)





Accountants: Mitchell Gordon LLP
43 Coniscliffe Road
Darlington
Co. Durham
DL3 7EH

CLEVELAND MOTORHOMES LIMITED (REGISTERED NUMBER: 01011757)

Abridged Balance Sheet
31 October 2024

31/10/24 31/10/23
Notes £    £    £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 579,464 615,887
579,464 615,887

Current assets
Stocks 1,595,642 1,917,499
Debtors 117,767 54,865
Cash at bank 292,884 -
2,006,293 1,972,364
Creditors
Amounts falling due within one year 1,149,822 1,101,196
Net current assets 856,471 871,168
Total assets less current liabilities 1,435,935 1,487,055

Creditors
Amounts falling due after more than one
year

6,148

16,515
Net assets 1,429,787 1,470,540

Capital and reserves
Called up share capital 4,857 4,857
Share premium 38,956 38,956
Revaluation reserve 7 307,466 307,466
Capital redemption reserve 4 4
Retained earnings 1,078,504 1,119,257
Shareholders' funds 1,429,787 1,470,540

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CLEVELAND MOTORHOMES LIMITED (REGISTERED NUMBER: 01011757)

Abridged Balance Sheet - continued
31 October 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 3 February 2025 and were signed by:





C K Jackson - Director


CLEVELAND MOTORHOMES LIMITED (REGISTERED NUMBER: 01011757)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Cleveland Motorhomes 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared under the going concern basis of accounting.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold land and buildings - not provided
Improvements to property - 10% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

In the current period depreciation has not been provided on Freehold land and buildings as the directors believe the difference between the net book value and residual value is not material and therefore no depreciation has been provided on these grounds.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.


CLEVELAND MOTORHOMES LIMITED (REGISTERED NUMBER: 01011757)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 19 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2023
and 31 October 2024 5,595
AMORTISATION
At 1 November 2023
and 31 October 2024 5,595
NET BOOK VALUE

At 31 October 2024 -
At 31 October 2023 -

CLEVELAND MOTORHOMES LIMITED (REGISTERED NUMBER: 01011757)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2023 683,979
Additions 21,635
Disposals (77,085 )
At 31 October 2024 628,529
DEPRECIATION
At 1 November 2023 68,092
Charge for year 17,194
Eliminated on disposal (36,221 )
At 31 October 2024 49,065
NET BOOK VALUE
At 31 October 2024 579,464
At 31 October 2023 615,887

6. SECURED DEBTS

The following secured debts are included within creditors:

31/10/24 31/10/23
£    £   
Bank overdraft - 98,731
Bank loans 16,515 26,617
Trade creditors 948,592 809,949
965,107 935,297

The bank overdraft is secured with a fixed and floating charge over the assets of the company.

The bank loan is secured on the freehold land and buildings held by the company.

The Trade creditors are secured against the chargor's interest in any motor caravan delivered to it under the terms of the caravan dealer funding agreement and any monies received for the associated asset on sale.

7. RESERVES
Revaluation
reserve
£   
At 1 November 2023
and 31 October 2024 307,466

CLEVELAND MOTORHOMES LIMITED (REGISTERED NUMBER: 01011757)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

31/10/24 31/10/23
£    £   
C K Jackson
Balance outstanding at start of year - 3,625
Amounts advanced 4,887 4,868
Amounts repaid (4,887 ) (8,493 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The above advances are interest free and are repayable on demand.

Accountants' Report to the Director
on the Unaudited Financial Statements of
Cleveland Motorhomes Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cleveland Motorhomes Limited for the year ended 31 October 2024 which comprise the Abridged Income Statement, Abridged Balance Sheet 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 Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Cleveland Motorhomes Limited in accordance with the terms of our engagement letter dated 11 April 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Cleveland Motorhomes Limited and state those matters that we have agreed to state to the director of Cleveland Motorhomes Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Cleveland Motorhomes 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 Cleveland Motorhomes Limited. You consider that Cleveland Motorhomes Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cleveland Motorhomes 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.






Mitchell Gordon LLP
43 Coniscliffe Road
Darlington
Co. Durham
DL3 7EH


3 February 2025