Campbell Living Ltd 13445748 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is Other letting and operating of own or leased real estate Digita Accounts Production Advanced 6.30.9574.0 true true 13445748 2023-07-01 2024-06-30 13445748 2024-06-30 13445748 core:RetainedEarningsAccumulatedLosses 2024-06-30 13445748 core:ShareCapital 2024-06-30 13445748 core:CurrentFinancialInstruments 2024-06-30 13445748 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 13445748 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 13445748 core:FurnitureFittingsToolsEquipment 2024-06-30 13445748 bus:SmallEntities 2023-07-01 2024-06-30 13445748 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 13445748 bus:FilletedAccounts 2023-07-01 2024-06-30 13445748 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 13445748 bus:RegisteredOffice 2023-07-01 2024-06-30 13445748 bus:Director2 2023-07-01 2024-06-30 13445748 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 13445748 core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 13445748 core:OfficeEquipment 2023-07-01 2024-06-30 13445748 countries:AllCountries 2023-07-01 2024-06-30 13445748 2023-06-30 13445748 core:FurnitureFittingsToolsEquipment 2023-06-30 13445748 2022-07-01 2023-06-30 13445748 2023-06-30 13445748 core:RetainedEarningsAccumulatedLosses 2023-06-30 13445748 core:ShareCapital 2023-06-30 13445748 core:CurrentFinancialInstruments 2023-06-30 13445748 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 13445748 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 13445748 core:FurnitureFittingsToolsEquipment 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 13445748

Campbell Living Ltd

Unaudited Financial Statements

for the Year Ended 30 June 2024

 

Campbell Living Ltd

(Registration number: 13445748)

Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

-

187

Investment property

4

679,054

679,054

 

679,054

679,241

Current assets

 

Debtors

5

488

331

Cash at bank and in hand

 

2,313

4,911

 

2,801

5,242

Creditors: Amounts falling due within one year

6

(4,770)

(4,361)

Net current (liabilities)/assets

 

(1,969)

881

Total assets less current liabilities

 

677,085

680,122

Creditors: Amounts falling due after more than one year

6

(703,579)

(701,088)

Net liabilities

 

(26,494)

(20,966)

Capital and reserves

 

Called up share capital

2

2

Retained earnings

(26,496)

(20,968)

Shareholders' deficit

 

(26,494)

(20,966)

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

 

Campbell Living Ltd

(Registration number: 13445748)

Balance Sheet as at 30 June 2024 (continued)

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 21 March 2025 and signed on its behalf by:
 

.........................................

J C Campbell

Director

 

Campbell Living Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

Accounting policies

Campbell Living Ltd is a private company, limited by shares, domiciled in England and Wales, company number 13445748. The registered office is at 7 Chestnut Grove, Sprotbrough , Doncaster, South Yorkshire, DN5 7RW, England.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Other operating income represents rents receivable during the period.

Tax

The tax expense for the period comprises current tax. Tax is recognised in the statement of income and retained earnings, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Campbell Living Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024 (continued)

1

Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

33% Straight line

Investment property

Investment properties are included at fair value. Gains are recognised in the Statement of Income and Retained Earnings. Deferred tax is provided on these gains at the rate expected to arise on the ultimate sale of the property.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the statement of income and retained earnings over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Campbell Living Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024 (continued)

3

Tangible assets

Office Equipment
 £

Total
£

Cost

At 1 July 2023

549

549

At 30 June 2024

549

549

Depreciation

At 1 July 2023

362

362

Charge for the year

187

187

At 30 June 2024

549

549

Carrying amount

At 30 June 2024

-

-

At 30 June 2023

187

187

4

Investment properties

Cost

2024
£

At 1 July 2023

679,054

At 30 June 2024

679,054

The directors consider the valuation at the balance sheet date represents the fair value.

 

Campbell Living Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024 (continued)

5

Debtors

Current

2024
£

2023
£

Prepayments

488

331

 

488

331

6

Creditors

2024
£

2023
£

Due within one year

Taxation and social security

2,782

2,462

Accruals and deferred income

1,988

1,899

4,770

4,361

2024
£

2023
£

Due after one year

Bank loan

436,790

453,999

Accruals

49,016

31,816

Directors loan account

217,773

215,273

703,579

701,088

Creditors include bank loans which are secured of £436,790. Security is against the properties concerned.