REGISTERED NUMBER: 03793999

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

CARAVAN TECH SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Compton

Ms M Compton

R Santer

SECRETARY:

Mrs S Compton

REGISTERED OFFICE:

95 London Road

Hurst Green

East Sussex

TN19 7PN

REGISTERED NUMBER:

03793999

ACCOUNTANTS:

Watson Associates

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Intangible assets

4

50,000

50,000

Tangible assets

5

36,538

48,718

86,538

98,718

CURRENT ASSETS

Stocks

334,365

338,726

Debtors

6

98,182

135,126

Cash at bank

107,347

222,084

539,894

695,936

CREDITORS

Amounts falling due within one year

7

(80,839

)

(157,915

)

NET CURRENT ASSETS

459,055

538,021

TOTAL ASSETS LESS CURRENT LIABILITIES

545,593

636,739

CREDITORS

Amounts falling due after more than one year

8

-

(125,432

)

PROVISIONS FOR LIABILITIES

(9,134

)

(12,179

)

NET ASSETS

536,459

499,128

CAPITAL AND RESERVES

Called up share capital

9

50

50

Revaluation reserve

10

50

50

Retained earnings

536,359

499,028

SHAREHOLDERS' FUNDS

536,459

499,128

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2025 and were signed on its behalf by:

M Compton - Director

1.	STATUTORY INFORMATION

Caravan Tech Services Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Significant judgements and estimates

No significant judgements have had to be made by management in preparing these financial statements.

There were no key assumptions made concerning the future, and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 13 (2023 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2023

and 30 September 2024

50,000

NET BOOK VALUE

At 30 September 2024

50,000

At 30 September 2023

50,000

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 October 2023

and 30 September 2024

25,138

102,663

127,801

DEPRECIATION

At 1 October 2023

19,715

59,368

79,083

Charge for year

1,356

10,824

12,180

At 30 September 2024

21,071

70,192

91,263

NET BOOK VALUE

At 30 September 2024

4,067

32,471

36,538

At 30 September 2023

5,423

43,295

48,718

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

25,159

11,905

Amounts owed by group undertakings

65,758

120,241

Other debtors

7,265

2,980

98,182

135,126

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

50,000

Hire purchase contracts

-

5,084

Trade creditors

41,350

46,375

Taxation and social security

33,602

54,660

Other creditors

5,887

1,796

80,839

157,915

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

-

125,432

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

50

Ordinary

£1

50

50

10.

RESERVES

Revaluation

reserve

£

At 1 October 2023

and 30 September 2024

50

11.	RELATED PARTY DISCLOSURES

During the year the company paid rents totalling £38,400 to Caravan Tech Holdings Ltd.

During the year the company paid management fees totalling £48,000 to Caravan Tech Holdings Ltd.

During the year the company sold goods and services totalling £303,928 in the ordinary course of business to Caravan Tech (Sales) Ltd, a company controlled by Caravan Tech Holdings Ltd. At the year end the company was owed £57,597 by Caravan Tech (Sales) Ltd.

There were no other transactions with related parties during the year other than those disclosed in the accounts.

12.	ULTIMATE CONTROLLING PARTY

The company is controlled by Caravan Tech Holdings Limited. This company owns 100% of the issued share capital.