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REGISTERED NUMBER: 05718052 (England and Wales)















THE MOTORHOME DEPOT (MIDLANDS) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






THE MOTORHOME DEPOT (MIDLANDS) LIMITED (REGISTERED NUMBER: 05718052)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE MOTORHOME DEPOT (MIDLANDS) LIMITED

COMPANY INFORMATION
For The Year Ended 31 DECEMBER 2024







DIRECTORS: P. I. Chance
Mrs J. Chance





SECRETARY: Mrs J. Chance





REGISTERED OFFICE: Inkford Brook
Alcester Road
Wythall
Birmingham
West Midlands
B47 6DB





REGISTERED NUMBER: 05718052 (England and Wales)





ACCOUNTANTS: Charles Lovell & Co Limited
Chartered Certified Accountants
and Statutory Auditors
8 Church Green East
Redditch
Worcestershire
B98 8BP

THE MOTORHOME DEPOT (MIDLANDS) LIMITED (REGISTERED NUMBER: 05718052)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 160,314 129,918

CURRENT ASSETS
Stocks 7,186,786 3,352,629
Debtors 5 41,301 33,037
Cash at bank and in hand 194,331 667,594
7,422,418 4,053,260
CREDITORS
Amounts falling due within one year 6 6,976,935 3,583,761
NET CURRENT ASSETS 445,483 469,499
TOTAL ASSETS LESS CURRENT
LIABILITIES

605,797

599,417

PROVISIONS FOR LIABILITIES 40,079 33,946
NET ASSETS 565,718 565,471

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 565,618 565,371
565,718 565,471

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 July 2025 and were signed on its behalf by:





P. I. Chance - Director


THE MOTORHOME DEPOT (MIDLANDS) LIMITED (REGISTERED NUMBER: 05718052)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 DECEMBER 2024


1. STATUTORY INFORMATION

The Motorhome Depot (Midlands) 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.

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 etc - 25% on reducing balance, 20% on reducing balance and 15% 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.

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 26 (2023 - 26 ) .

THE MOTORHOME DEPOT (MIDLANDS) LIMITED (REGISTERED NUMBER: 05718052)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 DECEMBER 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 270,930
Additions 58,841
At 31 December 2024 329,771
DEPRECIATION
At 1 January 2024 141,012
Charge for year 28,445
At 31 December 2024 169,457
NET BOOK VALUE
At 31 December 2024 160,314
At 31 December 2023 129,918

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 1,077 6,274
Other debtors 40,224 26,763
41,301 33,037

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts - 2,435
Hire purchase contracts (see note 7) - 3,936
Trade creditors 5,698,759 2,190,205
Amounts owed to group undertakings 819,719 840,978
Taxation and social security 157,633 154,192
Other creditors 300,824 392,015
6,976,935 3,583,761

7. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.12.24 31.12.23
£    £   
Net obligations repayable:
Within one year - 3,936

THE MOTORHOME DEPOT (MIDLANDS) LIMITED (REGISTERED NUMBER: 05718052)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 DECEMBER 2024


7. LEASING AGREEMENTS - continued

Non-cancellable operating leases
31.12.24 31.12.23
£    £   
Within one year 24,340 7,802
Between one and five years 9,107 8,452
33,447 16,254