REGISTERED NUMBER: 00984881 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CROSS COUNTRY CARAVANS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S C Beer

Mr R J Hirst

REGISTERED OFFICE:

Shillingford Road

Shillingfield Hill

Wallingford

Oxfordshire

OX108LN

REGISTERED NUMBER:

00984881 (England and Wales)

ACCOUNTANTS:

Burnside

Chartered Accountants

61 Queen Square

Bristol

BS1 4JZ

FIXED ASSETS

Tangible assets

4

3,289,305

3,435,235

CURRENT ASSETS

Stocks

18,353

10,020

Debtors

5

67,347

66,151

Cash at bank and in hand

34,146

15,485

119,846

91,656

CREDITORS

Amounts falling due within one year

6

46,080

116,971

NET CURRENT ASSETS/(LIABILITIES)

73,766

(25,315

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,363,071

3,409,920

CREDITORS

Amounts falling due after more than one year

7

(607,230

)

-

PROVISIONS FOR LIABILITIES

8

(411,573

)

(416,916

)

NET ASSETS

2,344,268

2,993,004

CAPITAL AND RESERVES

Called up share capital

6,685

13,370

Share premium

212

212

Revaluation reserve

9

2,337,773

2,394,095

Capital redemption reserve

6,685

-

Retained earnings

(7,087

)

585,327

2,344,268

2,993,004

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 30 December 2025 and were signed on its behalf by:

Mr R J Hirst - Director

1.	STATUTORY INFORMATION

Cross Country 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 as modified by the revaluation of certain assets.

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

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Freehold Land and buildings are carried at valuation, not cost. All other tangible assets are carried at cost.

Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildings

over 50 years

Leasehold land and buildings

over the lease term

Plant and machinery

5 - 10 years

Fixtures, fittings, tools and equipment

over 5 years

Motor Vehicles

35% Reducing Balance

Investments in associates

Investments in associate undertakings are recognised at cost.

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 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 January 2024

4,245,232

304,070

4,549,302

Disposals

-

(79,026

)

(79,026

)

At 31 December 2024

4,245,232

225,044

4,470,276

DEPRECIATION

At 1 January 2024

896,775

217,292

1,114,067

Charge for year

84,909

29,095

114,004

Eliminated on disposal

-

(47,100

)

(47,100

)

At 31 December 2024

981,684

199,287

1,180,971

NET BOOK VALUE

At 31 December 2024

3,263,548

25,757

3,289,305

At 31 December 2023

3,348,457

86,778

3,435,235

Cost or valuation at 31 December 2024 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2009

1,627,899

-

1,627,899

Valuation in 2018

1,188,206

-

1,188,206

Cost

1,429,127

225,044

1,654,171

4,245,232

225,044

4,470,276

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

3,865

8,508

Other debtors

63,482

57,643

67,347

66,151

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

9,674

2,816

Trade creditors

19,753

104,136

Taxation and social security

825

996

Other creditors

15,828

9,023

46,080

116,971

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

607,230

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

575,719

-

8.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

Accelerated capital allowances

501,884

515,476

Tax losses carried forward

(90,311

)

(98,560

)

411,573

416,916

Deferred

tax

£

Balance at 1 January 2024

416,916

Provided during year

(5,343

)

Balance at 31 December 2024

411,573

9.

RESERVES

Revaluation

reserve

£

At 1 January 2024

2,394,095

SoCIE Depn on Revaluation

(56,322

)

At 31 December 2024

2,337,773