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REGISTERED NUMBER: 06887639 (England and Wales)










UK Caravans Direct Limited

Unaudited Financial Statements

for the Year Ended 31 July 2024






UK Caravans Direct Limited (Registered number: 06887639)






Contents of the Financial Statements
for the year ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


UK Caravans Direct Limited

Company Information
for the year ended 31 July 2024







DIRECTORS: Mr D R Hodgson
Mr N Hodgson





REGISTERED OFFICE: Bron Y Wendon Holiday Park
Wern Road
Llandulas
Colwyn Bay
LL22 8HG





REGISTERED NUMBER: 06887639 (England and Wales)





ACCOUNTANTS: Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN

UK Caravans Direct Limited (Registered number: 06887639)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 321,777 359,276
Tangible assets 5 4,339,469 4,428,433
Investments 6 3,134,891 3,134,891
7,796,137 7,922,600

CURRENT ASSETS
Stocks 483,155 758,100
Debtors 7 25,448 52,070
Cash at bank 2,548,628 1,687,217
3,057,231 2,497,387
CREDITORS
Amounts falling due within one year 8 990,887 845,405
NET CURRENT ASSETS 2,066,344 1,651,982
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,862,481

9,574,582

CREDITORS
Amounts falling due after more than one
year

9

(2,840,814

)

(3,393,058

)

PROVISIONS FOR LIABILITIES (39,112 ) (25,223 )
NET ASSETS 6,982,555 6,156,301

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 11 12,747 15,737
Retained earnings 6,969,708 6,140,464
6,982,555 6,156,301

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

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

The directors acknowledge their 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.

UK Caravans Direct Limited (Registered number: 06887639)

Balance Sheet - continued
31 July 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2025 and were signed on its behalf by:





Mr N Hodgson - Director


UK Caravans Direct Limited (Registered number: 06887639)

Notes to the Financial Statements
for the year ended 31 July 2024

1. STATUTORY INFORMATION

UK Caravans Direct 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.

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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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 12 (2023 - 10 ) .

UK Caravans Direct Limited (Registered number: 06887639)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 374,995
AMORTISATION
At 1 August 2023 15,719
Amortisation for year 37,499
At 31 July 2024 53,218
NET BOOK VALUE
At 31 July 2024 321,777
At 31 July 2023 359,276

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Investment and Motor
property Property fittings vehicles Totals
£    £    £    £    £   
COST
At 1 August 2023 3,829,499 500,000 75,427 130,124 4,535,050
Additions - - 8,065 187,350 195,415
Disposals - (250,000 ) - - (250,000 )
At 31 July 2024 3,829,499 250,000 83,492 317,474 4,480,465
DEPRECIATION
At 1 August 2023 681 - 29,847 76,089 106,617
Charge for year - - 12,638 21,741 34,379
At 31 July 2024 681 - 42,485 97,830 140,996
NET BOOK VALUE
At 31 July 2024 3,828,818 250,000 41,007 219,644 4,339,469
At 31 July 2023 3,828,818 500,000 45,580 54,035 4,428,433

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2023
and 31 July 2024 3,134,891
NET BOOK VALUE
At 31 July 2024 3,134,891
At 31 July 2023 3,134,891

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 1,605
Amounts owed by group undertakings - 28,386
Other debtors 25,448 22,079
25,448 52,070

UK Caravans Direct Limited (Registered number: 06887639)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 104,000 358,000
Hire purchase contracts (see note 10) 17,771 -
Trade creditors 43,242 28,192
Amounts owed to group undertakings 433,854 278,601
Amounts owed to participating interests 59,779 60,454
Taxation and social security 158,524 62,995
Other creditors 173,717 57,163
990,887 845,405

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 2,693,164 3,393,058
Hire purchase contracts (see note 10) 147,650 -
2,840,814 3,393,058

10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 17,771 -
Between one and five years 147,650 -
165,421 -

Non-cancellable operating leases
2024 2023
£    £   
Within one year 12,511 -
Between one and five years 76,380 -
88,891 -

11. RESERVES
Fair
value
reserve
£   
At 1 August 2023 15,737
Deferred tax movement (2,990 )

At 31 July 2024 12,747