Caravan Tech Holdings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08967253 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

CARAVAN TECH HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Compton

SECRETARY:

Mrs S Compton

REGISTERED OFFICE:

95 London Road

Hurst Green

Etchingham

East Sussex

TN19 7PN

REGISTERED NUMBER:

08967253 (England and Wales)

ACCOUNTANTS:

Watson Associates

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Tangible assets

4

538,275

544,858

Investments

5

100

538,375

544,958

CURRENT ASSETS

Debtors

6

415,350

402,136

Cash at bank

492,951

543,816

908,301

945,952

CREDITORS

Amounts falling due within one year

7

(55,817

)

(38,825

)

NET CURRENT ASSETS

852,484

907,127

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,390,859

1,452,085

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

1,390,759

1,451,985

1,390,859

1,452,085

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 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.

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 director and authorised for issue on 2 April 2025 and were signed by:

M Compton - Director

1.	STATUTORY INFORMATION

Caravan Tech Holdings 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

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 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

COST

At 1 October 2023

and 30 September 2024

573,527

2,500

14,620

590,647

DEPRECIATION

At 1 October 2023

35,000

2,208

8,581

45,789

Charge for year

5,000

73

1,510

6,583

At 30 September 2024

40,000

2,281

10,091

52,372

NET BOOK VALUE

At 30 September 2024

533,527

219

4,529

538,275

At 30 September 2023

538,527

292

6,039

544,858

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2023

and 30 September 2024

100

NET BOOK VALUE

At 30 September 2024

100

At 30 September 2023

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Amounts owed by group undertakings

400,000

Other debtors

15,350

2,136

415,350

402,136

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Taxation and social security

49,972

36,005

Other creditors

5,845

2,820

55,817

38,825

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal
value:

2024

2023

£

30

Ordinary A

£1

30

20

Ordinary B

£1

20

32

Ordinary C

£1

32

6

Ordinary D

£1

6

Ordinary E

£1

6

Ordinary F

£1

6

100

9.	RELATED PARTY DISCLOSURES

The company owns 100% of the issued share capital of its subsidiaries Caravan Tech Services Ltd and Caravan Tech (Sales) Ltd.

During the year the company charged rents of £38,400 and management fees of £48,000 to Caravan Tech Services Ltd and rents of £57,600 and management fees of £126,000 to Caravan Tech (Sales) Ltd. At the year end the company was owed £400,000 by Caravan Tech (Sales) Ltd.

10.	ULTIMATE CONTROLLING PARTY

The company is controlled mr M Compton who owns 60% of the issued ordinary share capital.