Company registration number 11770151 (England and Wales)
CUMBRIA CARAVANS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
CUMBRIA CARAVANS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
CUMBRIA CARAVANS LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2025
31 January 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
4
4,000
5,000
Tangible assets
5
1,323
9,043
5,323
14,043
Current assets
Stocks
-
18,650
Debtors
6
-
0
259
Cash at bank and in hand
38
47
38
18,956
Creditors: amounts falling due within one year
8
(123,398)
(108,767)
Net current liabilities
(123,360)
(89,811)
Total assets less current liabilities
(118,037)
(75,768)
Creditors: amounts falling due after more than one year
7
(14,582)
(26,723)
Net liabilities
(132,619)
(102,491)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(132,719)
(102,591)
Total equity
(132,619)
(102,491)

The notes on pages 3 to 8 form part of these financial statements.

CUMBRIA CARAVANS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JANUARY 2025
31 January 2025
- 2 -

For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 23 March 2026
Mr J A Fitzsimmons
Director
Company registration number 11770151 (England and Wales)
CUMBRIA CARAVANS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025
31 January 2025
- 3 -
1
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

2
Accounting policies
Company information

Cumbria Caravans Limited is a private company limited by shares incorporated in England and Wales. The registered office is Whinnow Barn, Syke Farm, Syke Road, WIGTON, Cumbria, CA7 8AB.

2.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

2.2
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.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

CUMBRIA CARAVANS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
2
Accounting policies
(Continued)
- 4 -
2.3
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

2.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
15% reducing balance
Fixtures and fittings
15% reducing balance
Computers
40% reducing balance
Motor vehicles
20% reducing balance

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.

2.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

CUMBRIA CARAVANS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
2
Accounting policies
(Continued)
- 5 -

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

2.6
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

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.

2.7
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 current liabilities.

CUMBRIA CARAVANS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
2
Accounting policies
(Continued)
- 6 -
2.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

CUMBRIA CARAVANS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 7 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
4
Intangible fixed assets
Goodwill
£
Cost
At 1 February 2024 and 31 January 2025
10,000
Amortisation and impairment
At 1 February 2024
5,000
Amortisation charged for the year
1,000
At 31 January 2025
6,000
Carrying amount
At 31 January 2025
4,000
At 31 January 2024
5,000
5
Tangible fixed assets
Plant and machinery
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 February 2024 and 31 January 2025
10,907
1,120
2,699
9,128
23,854
Depreciation and impairment
At 1 February 2024
5,699
623
2,352
6,137
14,811
Depreciation charged in the year
4,379
75
275
2,991
7,720
At 31 January 2025
10,078
698
2,627
9,128
22,531
CUMBRIA CARAVANS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
5
Tangible fixed assets
Plant and machinery
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
(Continued)
- 8 -
Carrying amount
At 31 January 2025
829
422
72
-
0
1,323
At 31 January 2024
5,208
497
347
2,991
9,043
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
-
0
2
Other debtors
-
0
257
-
0
259
7
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
14,582
26,723
8
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
12,487
12,834
Trade creditors
1,265
122
Taxation and social security
400
-
0
Other creditors
108,201
94,823
Accruals and deferred income
1,045
988
123,398
108,767
2025-01-31 2024-02-01 false false false 23 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr Justin Fitzsimmons 1 1 11770151 2024-02-01 2025-01-31 11770151 2025-01-31 11770151 2024-01-31 11770151 core:NetGoodwill 2025-01-31 11770151 core:NetGoodwill 2024-01-31 11770151 core:PlantMachinery 2025-01-31 11770151 core:FurnitureFittings 2025-01-31 11770151 core:ComputerEquipment 2025-01-31 11770151 core:MotorVehicles 2025-01-31 11770151 core:PlantMachinery 2024-01-31 11770151 core:FurnitureFittings 2024-01-31 11770151 core:ComputerEquipment 2024-01-31 11770151 core:MotorVehicles 2024-01-31 11770151 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 11770151 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 11770151 core:CurrentFinancialInstruments 2025-01-31 11770151 core:CurrentFinancialInstruments 2024-01-31 11770151 core:Non-currentFinancialInstruments 2025-01-31 11770151 core:Non-currentFinancialInstruments 2024-01-31 11770151 core:ShareCapital 2025-01-31 11770151 core:ShareCapital 2024-01-31 11770151 core:RetainedEarningsAccumulatedLosses 2025-01-31 11770151 core:RetainedEarningsAccumulatedLosses 2024-01-31 11770151 bus:Director1 2024-02-01 2025-01-31 11770151 core:Goodwill 2024-02-01 2025-01-31 11770151 core:PlantMachinery 2024-02-01 2025-01-31 11770151 core:FurnitureFittings 2024-02-01 2025-01-31 11770151 core:MotorVehicles 2024-02-01 2025-01-31 11770151 2023-02-01 2024-01-31 11770151 core:NetGoodwill 2024-01-31 11770151 core:NetGoodwill 2024-02-01 2025-01-31 11770151 core:PlantMachinery 2024-01-31 11770151 core:FurnitureFittings 2024-01-31 11770151 core:ComputerEquipment 2024-01-31 11770151 core:MotorVehicles 2024-01-31 11770151 2024-01-31 11770151 core:ComputerEquipment 2024-02-01 2025-01-31 11770151 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 11770151 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 11770151 bus:FRS102 2024-02-01 2025-01-31 11770151 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 11770151 bus:FullAccounts 2024-02-01 2025-01-31 xbrli:pure xbrli:shares iso4217:GBP