Company Registration No. 06478863 (England and Wales)
Midland Caravans Limited
Unaudited accounts
for the year ended 31 March 2025
Midland Caravans Limited
Unaudited accounts
Contents
Midland Caravans Limited
Company Information
for the year ended 31 March 2025
Company Number
06478863 (England and Wales)
Registered Office
Unit 5, Old Thorntree Farm
Ravenstone Road
Heather
LE67 2QJ
Accountants
Stokes Accountants
1 Bentley Way
Tamworth
Staffordshire
B79 8LJ
Midland Caravans Limited
Statement of financial position
as at 31 March 2025
Tangible assets
3,191
4,255
Cash at bank and in hand
114,683
181,820
Creditors: amounts falling due within one year
(48,143)
(39,649)
Net current assets
218,944
288,516
Total assets less current liabilities
247,275
317,911
Creditors: amounts falling due after more than one year
(11,667)
(21,735)
Net assets
235,608
296,176
Called up share capital
2
2
Profit and loss account
235,606
296,174
Shareholders' funds
235,608
296,176
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 December 2025 and were signed on its behalf by
W.L. Truggelaar
Director
Company Registration No. 06478863
Midland Caravans Limited
Notes to the Accounts
for the year ended 31 March 2025
Midland Caravans Limited is a private company, limited by shares, registered in England and Wales, registration number 06478863. The registered office is Unit 5, Old Thorntree Farm, Ravenstone Road, Heather, LE67 2QJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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 accounts. 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 average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Midland Caravans Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
5
Investments
Other investments
Valuation at 1 April 2024
25,140
Valuation at 31 March 2025
25,140
Amounts falling due within one year
Trade debtors
116,150
130,625
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
2,265
8,112
Taxes and social security
1,257
2,282
Loans from directors
43,891
28,102
8
Creditors: amounts falling due after more than one year
2025
2024
Midland Caravans Limited
Notes to the Accounts
for the year ended 31 March 2025
9
Average number of employees
During the year the average number of employees was 2 (2024: 3).