REGISTERED NUMBER: 13250494 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

HIGHWOOD MOTORHOMES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

R S Blurton

Mrs E J Blurton

D R Hughes

REGISTERED OFFICE:

Flatts Farm

Highwood

Uttoxeter

Staffordshire

ST14 8PR

REGISTERED NUMBER:

13250494 (England and Wales)

ACCOUNTANTS:

Howards Limited

Chartered Certified Accountants

Newport House

Newport Road

Stafford

Staffordshire

ST16 1DA

FIXED ASSETS

Tangible assets

5

804,459

591,993

CURRENT ASSETS

Stocks

400,573

434,779

Debtors

6

120,041

176,028

Prepayments and accrued income

17,025

-

Cash at bank

98,849

60,590

636,488

671,397

CREDITORS

Amounts falling due within one year

7

391,708

1,227,494

NET CURRENT ASSETS/(LIABILITIES)

244,780

(556,097

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,049,239

35,896

CREDITORS

Amounts falling due after more than one year

8

(1,000,000

)

-

PROVISIONS FOR LIABILITIES

(50,398

)

(63,589

)

ACCRUALS AND DEFERRED INCOME

(56,080

)

(50,511

)

NET LIABILITIES

(57,239

)

(78,204

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Fair value reserve

10

72,604

72,604

Retained earnings

(129,943

)

(150,908

)

(57,239

)

(78,204

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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 21st May 2026 and were signed on its behalf by:

R S Blurton - Director

1.	STATUTORY INFORMATION

Highwood Motorhomes Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 13250494 and the registered office address is Newport House, Newport Road, Stafford, Staffordshire, United Kingdom, ST16 1DA.

The principal activity of the company is that of renting and leasing of trucks and other heavy vehicles

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Functional currency

The financial statements are prepared in sterling (£). The functional currency of the company is sterling (£).

Significant judgements and estimates

In determining and applying accounting policies, judgement is often required in respect of items where the choice of specific policy, accounting estimate or assumption to be followed could materially affect the reported results or net asset position of the company; it may later be determined that a different choice would have been more appropriate. Management considers that certain accounting estimates and assumptions relating to taxation, tangible fixed assets, provisions and contingent liabilities and accruals are its critical accounting estimates.

Turnover

Turnover represents net invoiced goods and services, excluding value added tax. Turnover derives wholly from activities within the United Kingdom.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an 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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Provisions

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a

result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue In operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

The directors of the company have reported a healthy profit for the year. The company continues to be cash

generative and continues to meet its obligations as they fall due.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are

received. Termination benefits are recognised immediately as an expense when the, company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Trade receivables

Trade receivables are initially recognised at fair value and are subsequently measured at amortised cost less

any provision for bad and doubtful debts.

Trade payables

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of

business from suppliers. Amounts 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.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised

when paid.

Final equity dividends are recognised when approved by the shareholders at various board meetings throughout the year.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 4 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST OR VALUATION

At 1st April 2025

2,944

17,872

641,361

6,024

668,201

Additions

10,896

315

385,228

8,780

405,219

Disposals

-

-

(117,156

)

-

(117,156

)

At 31st March 2026

13,840

18,187

909,433

14,804

956,264

DEPRECIATION

At 1st April 2025

1,351

4,130

67,053

3,674

76,208

Charge for year

2,218

2,061

83,468

2,944

90,691

Eliminated on disposal

-

-

(15,094

)

-

(15,094

)

At 31st March 2026

3,569

6,191

135,427

6,618

151,805

NET BOOK VALUE

At 31st March 2026

10,271

11,996

774,006

8,186

804,459

At 31st March 2025

1,593

13,742

574,308

2,350

591,993

Cost or valuation at 31st March 2026 is represented by:

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

Valuation in 2026

13,840

18,187

909,433

14,804

956,264

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

57,594

2,881

Amounts owed by group undertakings

30,700

152,650

Other debtors

31,747

20,497

120,041

176,028

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

151,126

2,796

Taxation and social security

3,670

1,786

Other creditors

236,912

1,222,912

391,708

1,227,494

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

1,000,000

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Class

Nominal Value

2026

2025

£

£

Ordinary A

£1

40

50

Ordinary B

£1

40

50

Ordinary C

£1

10

Ordinary D

£1

10

10.

RESERVES

Fair

value

reserve

£

At 1st April 2025

and 31st March 2026

72,604