Company No: 11777306 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Intangible assets	3	0		1
Tangible assets	4	14,442		19,171
		14,442		19,172
Current assets
Stocks	5	187,246		116,528
Debtors	6	22,990		14,732
Cash at bank and in hand		6,629		12,863
		216,865		144,123
Creditors: amounts falling due within one year	7	( 300,874)		( 173,576)
Net current liabilities		(84,009)		(29,453)
Total assets less current liabilities		(69,567)		(10,281)
Creditors: amounts falling due after more than one year	8	( 72,394)		( 49,057)
Provision for liabilities		( 7,025)		( 4,475)
Net liabilities		( 148,986)		( 63,813)
Capital and reserves
Called-up share capital		20		20
Profit and loss account		( 149,006 )		( 63,833 )
Total shareholders' deficit		( 148,986)		( 63,813)

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Danbury Campervans Ltd (registered number: 11777306) were approved and authorised for issue by the Board of Directors on 29 September 2025. They were signed on its behalf by:

D Garnsworthy Director

J L Garnsworthy Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Danbury Campervans Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit R2, 33 Wylds Road, Bridgwater, TA6 4BH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	20 % reducing balance
Plant and machinery etc.	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		7

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 January 2024	5		5
At 31 December 2024	5		5
Accumulated amortisation
At 01 January 2024	4		4
Charge for the financial year	1		1
At 31 December 2024	5		5
Net book value
At 31 December 2024	0		0
At 31 December 2023	1		1

4. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 January 2024	1,958		40,192		42,150
At 31 December 2024	1,958		40,192		42,150
Accumulated depreciation
At 01 January 2024	686		22,293		22,979
Charge for the financial year	254		4,475		4,729
At 31 December 2024	940		26,768		27,708
Net book value
At 31 December 2024	1,018		13,424		14,442
At 31 December 2023	1,272		17,899		19,171

5. Stocks

	2024		2023
	£		£
Stocks	123,225		92,357
Work in progress	64,021		24,171
	187,246		116,528

6. Debtors

	2024		2023
	£		£
Other debtors	22,990		14,732

7. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank loans	21,740		10,081
Trade creditors	4,322		2,393
Taxation and social security	3,614		11,410
Obligations under finance leases and hire purchase contracts (secured)	4,536		5,619
Other creditors	266,662		144,073
	300,874		173,576

8. Creditors: amounts falling due after more than one year

	2024		2023
	£		£
Bank loans	52,654		19,740
Obligations under finance leases and hire purchase contracts (secured)	19,740		29,317
	72,394		49,057

9. Related party transactions

Transactions with the entity's directors

The Directors' loan accounts are repayable on demand, and interest has been charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

Director loan account

At 1st January 2024 the balance owed from the director was £nil. During the year, the company made advances to the director amounting to £12,925 and received repayments of £nil leaving a balance due from the director of £12,925.
At 1st January 2023 the balance owed from the director was £nil. During the year, the company made advances to the director amounting to £4,134 and received repayments of £4,134 leaving a balance due from the director of £nil.