REGISTERED NUMBER: 03714145 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

The Reading Caravan Centre Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G R Collister

Mrs J Collister

T R Collister

SECRETARY:

G R Collister

REGISTERED OFFICE:

16A Church Lane

Three Miles Cross

Reading

Berkshire

RG7 1HB

REGISTERED NUMBER:

03714145 (England and Wales)

AUDITORS:

Langham Walsh Limited - Statutory Auditor

Blythe Valley Innovation Centre

Central Boluevard

Blythe Valley Park

Solihull

West Midlands

B90 8AJ

FIXED ASSETS

Tangible assets

4

91,471

127,195

CURRENT ASSETS

Stocks

2,616,177

2,158,386

Debtors

234,579

175,547

Cash at bank

620,420

485,126

3,471,176

2,819,059

CREDITORS

Amounts falling due within one year

2,251,479

1,812,286

NET CURRENT ASSETS

1,219,697

1,006,773

TOTAL ASSETS LESS CURRENT LIABILITIES

1,311,168

1,133,968

PROVISIONS FOR LIABILITIES

(5,638

)

(7,192

)

ACCRUALS AND DEFERRED INCOME

(8,406

)

(8,356

)

NET ASSETS

1,297,124

1,118,420

CAPITAL AND RESERVES

Called up share capital

7

1,020

1,020

Retained earnings

1,296,104

1,117,400

SHAREHOLDERS' FUNDS

1,297,124

1,118,420

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by:

G R Collister - Director

1.	STATUTORY INFORMATION

The Reading Caravan Centre 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned members within the group.

The company has taken advantage of the disclosure exemption under FRS 102.1.12 from disclosing the key management compensation.

Turnover

Turnover represents net invoiced sales of goods, servicing and repairs excluding value added tax. Income from the sale of caravans and motorhomes is recognised when full payment has been received and all risks and rewards transferred.

Income from servicing and repairs is recognised in the period in which the services are provided.

Tangible fixed assets

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

Land and buildings

-

7% on cost and Straight line over 13 years

Plant and machinery etc

-

20% on cost

Depreciation within land and buildings relates to leasehold assets and is charged over the life of the lease.Tangible fixed assets are recognised at cost less accumulated depreciation and accumulated impairment losses.

Stocks

Stocks are valued at the lower of cost and net realisable value. Consignment Stock in respect of which finance charges are levied are regarded as being effectively under the control of the company and, in accordance with FRS 102 are included in stocks even though legal title has not passed. The corresponding liability is included in creditors. Net realisable value is the price at which stocks can be sold in normal course of business allowing for the cost of realisation. Provision is made where necessary for obsolete, slow moving and defective stock

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company has a defined contribution pension scheme. Contributions payable for the year are charged in the profit and loss account.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership of the leased asset to the group. All other leases are classified as operating leases.

Rentals payable under operating leases are charged to profit or loss on a straight-line basis over the lease term, unless the rental payments are structured to increase in line with expected general inflation, in which case the group recognises annual rent expense equal to amounts owed to the lessor.

The aggregate benefit of lease incentives are recognised as a reduction to the expense recognised over the lease term on a straight line basis

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

493,790

Additions

2,521

At 31 March 2025

496,311

DEPRECIATION

At 1 April 2024

366,595

Charge for year

38,245

At 31 March 2025

404,840

NET BOOK VALUE

At 31 March 2025

91,471

At 31 March 2024

127,195

5.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due are: 2025: £349,812 (2024 £419,179).

6.	SECURED DEBTS

A cross guarantee between Centre Holdings Limited, Oxford Caravan Centre Limited, The Reading Caravan Centre Limited and Swindon Caravan Centre Limited exists with Barclays Bank PLC.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,000

Ordinary 'A'

1

1,000

1,000

20

Redeemable Preference

£1

20

20

1,020

1,020

The redeemable preference shares have no terms for redemption.

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kevin Walsh (Senior Statutory Auditor)

For and on behalf of Langham Walsh Limited - Statutory Auditor

9.	ULTIMATE PARENT COMPANY

The company's ultimate parent company is Swindon Caravan Centre Limited, a company registered in England and Wales.

Group Accounts are prepared for the parent Company Swindon Caravan Centre Limited. These may be obtained from the registered office of that Company which is Greatfield, Wotton Bassett, Swindon, Wiltshire. SN4 8EQ