REGISTERED NUMBER: 09115890 (England and Wales)

S & N CARAVANS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N S Nedic

Miss C L Nedic

REGISTERED OFFICE:

1 Severn Valley Caravan Park

Kidderminster Road

Bridgnorth

Shropshire

WV15 6QL

REGISTERED NUMBER:

09115890 (England and Wales)

ACCOUNTANTS:

Wallace Crooke

Chartered Accountants

College House

St. Leonards Close

Bridgnorth

Shropshire

WV16 4EJ

FIXED ASSETS

Tangible assets

4

240,619

177,658

CURRENT ASSETS

Stocks

-

82,458

Debtors

5

23,516

47,675

Cash at bank

130,906

42,714

154,422

172,847

CREDITORS

Amounts falling due within one year

6

99,039

102,470

NET CURRENT ASSETS

55,383

70,377

TOTAL ASSETS LESS CURRENT LIABILITIES

296,002

248,035

CREDITORS

Amounts falling due after more than one year

7

53,000

19,980

NET ASSETS

243,002

228,055

CAPITAL AND RESERVES

Called up share capital

8

20

20

Retained earnings

242,982

228,035

SHAREHOLDERS' FUNDS

243,002

228,055

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

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

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 9 September 2025 and were signed on its behalf by:

Mr N S Nedic - Director

1.	STATUTORY INFORMATION

S & N Caravans 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.

The company's financial statements are presented in Sterling and all values are rounded to the nearest pound.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Equipment

-

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.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Equipment

vehicles

Totals

£

£

£

COST

At 1 April 2024

154,399

217,727

372,126

Additions

6,929

170,913

177,842

Disposals

-

(34,671

)

(34,671

)

At 31 March 2025

161,328

353,969

515,297

DEPRECIATION

At 1 April 2024

65,192

129,276

194,468

Charge for year

24,035

56,175

80,210

At 31 March 2025

89,227

185,451

274,678

NET BOOK VALUE

At 31 March 2025

72,101

168,518

240,619

At 31 March 2024

89,207

88,451

177,658

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

Equipment

vehicles

Totals

£

£

£

COST

At 1 April 2024

-

24,000

24,000

Additions

-

105,942

105,942

Reclassification/transfer

40,000

-

40,000

At 31 March 2025

40,000

129,942

169,942

DEPRECIATION

At 1 April 2024

-

12,955

12,955

Charge for year

7,500

28,557

36,057

Reclassification/transfer

10,000

2,761

12,761

At 31 March 2025

17,500

44,273

61,773

NET BOOK VALUE

At 31 March 2025

22,500

85,669

108,169

At 31 March 2024

-

11,045

11,045

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

18,100

-

Other debtors

5,416

47,675

23,516

47,675

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

19,732

23,551

Hire purchase contracts

17,953

5,823

Trade creditors

9,486

1,004

Amounts owed to group undertakings

30,015

65,015

Taxation and social security

1,602

-

Other creditors

20,251

7,077

99,039

102,470

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

53,000

19,980

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

20

Ordinary

£1

20

20