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REGISTERED NUMBER: 13250494 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

HIGHWOOD MOTORHOMES LIMITED

HIGHWOOD MOTORHOMES LIMITED (REGISTERED NUMBER: 13250494)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


HIGHWOOD MOTORHOMES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTORS: R S Blurton
Mrs E J Blurton





REGISTERED OFFICE: Flatts Farm
Highwood
Uttoxeter
Staffordshire
ST14 8PR





REGISTERED NUMBER: 13250494 (England and Wales)





ACCOUNTANTS: Howards Limited
Chartered Certified Accountants
Newport House
Newport Road
Stafford
Staffordshire
ST16 1DA

HIGHWOOD MOTORHOMES LIMITED (REGISTERED NUMBER: 13250494)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 591,993 393,274

CURRENT ASSETS
Stocks 434,779 630,727
Debtors 6 176,028 83,326
Cash at bank 60,590 8,186
671,397 722,239
CREDITORS
Amounts falling due within one year 7 1,227,494 1,201,715
NET CURRENT LIABILITIES (556,097 ) (479,476 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,896

(86,202

)

PROVISIONS FOR LIABILITIES (63,589 ) (15,287 )

ACCRUALS AND DEFERRED INCOME (50,511 ) (42,359 )
NET LIABILITIES (78,204 ) (143,848 )

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 72,604 72,604
Retained earnings (150,908 ) (216,552 )
(78,204 ) (143,848 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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.

HIGHWOOD MOTORHOMES LIMITED (REGISTERED NUMBER: 13250494)

STATEMENT OF FINANCIAL POSITION - continued
31ST MARCH 2025


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 23rd June 2025 and were signed on its behalf by:





R S Blurton - Director


HIGHWOOD MOTORHOMES LIMITED (REGISTERED NUMBER: 13250494)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025

1. STATUTORY INFORMATION

Highwood Motorhomes Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 13250494 and the registered office address is Newport House, Newport Road, Stafford, Staffordshire, United Kingdom, ST16 1DA.

The principal activity of the company is that of renting and leasing of trucks and other heavy vehicles

2. STATEMENT OF COMPLIANCE

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

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Functional currency
The financial statements are prepared in sterling (£). The functional currency of the company is sterling (£).

Significant judgements and estimates
In determining and applying accounting policies, judgement is often required in respect of items where the choice of specific policy, accounting estimate or assumption to be followed could materially affect the reported results or net asset position of the company; it may later be determined that a different choice would have been more appropriate. Management considers that certain accounting estimates and assumptions relating to taxation, tangible fixed assets, provisions and contingent liabilities and accruals are its critical accounting estimates.

Turnover
Turnover represents net invoiced goods and services, excluding value added tax. Turnover derives wholly from activities within the United Kingdom.

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

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, loans to related parties and investments in non-puttable ordinary shares.

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.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position 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.


HIGHWOOD MOTORHOMES LIMITED (REGISTERED NUMBER: 13250494)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

3. ACCOUNTING POLICIES - continued
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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1st April 2024 2,944 10,419 448,553 4,606 466,522
Additions - 7,453 192,808 1,418 201,679
At 31st March 2025 2,944 17,872 641,361 6,024 668,201
DEPRECIATION
At 1st April 2024 820 2,905 67,053 2,470 73,248
Charge for year 531 1,225 - 1,204 2,960
At 31st March 2025 1,351 4,130 67,053 3,674 76,208
NET BOOK VALUE
At 31st March 2025 1,593 13,742 574,308 2,350 591,993
At 31st March 2024 2,124 7,514 381,500 2,136 393,274

Cost or valuation at 31st March 2025 is represented by:

Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Valuation in 2025 2,944 17,872 641,361 6,024 668,201

HIGHWOOD MOTORHOMES LIMITED (REGISTERED NUMBER: 13250494)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 2,881 31,747
Amounts owed by group undertakings 152,650 47,650
Other debtors 20,497 3,929
176,028 83,326

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 2,796 -
Taxation and social security 1,786 1,480
Other creditors 1,222,912 1,200,235
1,227,494 1,201,715

8. RESERVES
Fair
value
reserve
£   
At 1st April 2024
and 31st March 2025 72,604