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Registered number: 07309179
T C Motorhomes Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Beresfords
Chartered Certified Accountants
1-2 Rhodium Point
Spindle Close
Hawkinge, Folkestone
Kent
CT18 7TQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07309179
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 191,052 322,847
191,052 322,847
CURRENT ASSETS
Stocks 5 - 967,028
Debtors 6 2,099,047 993,211
Cash at bank and in hand 171,233 363,153
2,270,280 2,323,392
Creditors: Amounts Falling Due Within One Year 7 (102,380 ) (285,538 )
NET CURRENT ASSETS (LIABILITIES) 2,167,900 2,037,854
TOTAL ASSETS LESS CURRENT LIABILITIES 2,358,952 2,360,701
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,903 ) (15,160 )
NET ASSETS 2,357,049 2,345,541
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 2,357,047 2,345,539
SHAREHOLDERS' FUNDS 2,357,049 2,345,541
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For the year ending 31 March 2026 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr A Chamberlain
Director
05/06/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
T C Motorhomes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07309179 . The registered office is 1-2 Rhodium Point Spindle Close, Hawkinge, Folkestone, Kent, CT18 7TQ.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Significant judgements and estimations
No judgements have been made in the process of applying the accounting policies that have had a significant effect on the amounts recognised in the financial statements.
No key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year have been made.
2.4. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 10% straight line
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.6. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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2.7. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.8. Interest Receivable
Interest income is recognised in the profit and loss account using the effective interest method.
2.9. Interest Payable
Finance costs are charged to the profit and loss account over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
2.10. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.11. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.12. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.13. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2025: 10)
7 10
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2025 439,252 71,412 209,091 23,372
Additions - 2,211 - -
Disposals - (71,412 ) (186,601 ) (14,029 )
As at 31 March 2026 439,252 2,211 22,490 9,343
Depreciation
As at 1 April 2025 228,505 57,792 125,309 15,667
Provided during the period 31,407 553 1,502 976
Disposals - (57,792 ) (108,828 ) (10,229 )
As at 31 March 2026 259,912 553 17,983 6,414
Net Book Value
As at 31 March 2026 179,340 1,658 4,507 2,929
As at 1 April 2025 210,747 13,620 83,782 7,705
Computer Equipment Total
£ £
Cost
As at 1 April 2025 19,130 762,257
Additions - 2,211
Disposals (9,156 ) (281,198 )
As at 31 March 2026 9,974 483,270
Depreciation
As at 1 April 2025 12,137 439,410
Provided during the period 873 35,311
Disposals (5,654 ) (182,503 )
As at 31 March 2026 7,356 292,218
Net Book Value
As at 31 March 2026 2,618 191,052
As at 1 April 2025 6,993 322,847
5. Stocks
2026 2025
£ £
Finished goods - 967,028
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6. Debtors
2026 2025
£ £
Due within one year
Amounts owed by participating interests 2,091,264 963,000
Other debtors 7,783 30,211
2,099,047 993,211
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 4,996 11,619
Other creditors 54,947 175,205
Taxation and social security 42,437 98,714
102,380 285,538
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
9. Other Commitments
The total amount of financial commitments not included in the balance sheet is £84,000 (2025 £84,000). Under a non cancellable operating lease in respect of the rent of the showroom and workshop site on an annual basis.
10. Pension Commitments
At the balance sheet date contributions of £195 (2025: £1,125) were due to the fund and are included in creditors.
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