REGISTERED NUMBER: 07286914 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

VENTURE CARAVANS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Brown

J Brown

M Turley

REGISTERED OFFICE:

Toll House

A5 Watling Street

Watford Gap

Northamptonshire

NN6 7UJ

REGISTERED NUMBER:

07286914 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

178,083

234,504

178,083

234,504

CURRENT ASSETS

Stocks

4,131,361

4,146,138

Debtors

6

253,945

1,316,685

Cash at bank

1,677,432

1,962,569

6,062,738

7,425,392

CREDITORS

Amounts falling due within one year

7

1,370,608

1,066,663

NET CURRENT ASSETS

4,692,130

6,358,729

TOTAL ASSETS LESS CURRENT LIABILITIES

4,870,213

6,593,233

CREDITORS

Amounts falling due after more than one year

8

-

(1,900,000

)

PROVISIONS FOR LIABILITIES

(21,335

)

(26,824

)

NET ASSETS

4,848,878

4,666,409

CAPITAL AND RESERVES

Called up share capital

103

3

Retained earnings

4,848,775

4,666,406

SHAREHOLDERS' FUNDS

4,848,878

4,666,409

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 21 July 2026 and were signed on its behalf by:

D J Brown - Director

1.	STATUTORY INFORMATION

Venture 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.

Significant judgements and estimates

The company is not subject to any significant judgements or estimates.

Turnover and other income

Turnover is measured at the fair value of the consideration receivable net of VAT and trade discounts. The polices adopted for the recognition of turnover are as follows:-

Sales of Goods

Turnover from the sale of caravans, motorhomes and accessories is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the cost incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from workshop servicing and repair work is recognised by reference to the stage of completion at the balance sheet date.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Interest, commission and rent received

Interest income is recognised using the effective interest method. Commission and rent receivable is recognised as the company's right to receive payment is established.

Goodwill

Goodwill arising on business combinations is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful life. The period chosen for writing off goodwill is 5 years. Provision is made for any impairment.

Intangible assets

Intangible assets acquired separately from a business are capitalised at cost.

Intangible assets are amortised on a straight line basis over their useful lives. The useful lives of intangible assets are as follows:

Other intangible assets - 10 years useful life

Provision is made for any impairment.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes cost directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each assets on a systematic basis over its expected useful life as follows:-

Freehold property

3% straight line

Plant and machinery

15% reducing balance

Fixtures and Fittings

15% reducing balance

Motor vehicles

25% reducing balance

Land and Buildings have been valued at cost.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all cost of purchase, cost of conversion and other cost incurred in bringing stock to its present location and condition. Cost is calculated using first-in, first-out formula.

Provision is made for damaged, obsolete and slow-moving stock where appropriate on all shop or workshop stock. The cost of all caravan or motorhome stock is written back to reflect any damage or obsolescence.

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.

Basic financial instruments

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 other administrative expenses.

There is an interest free secured stocking plan facility which is under normal industry standard terms.

The company has issued preference shares which are valued at cost less impairment. The preference shares attract a 8% dividend.

The company does not have any other basic financial instruments.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

200,000

AMORTISATION

At 1 January 2025

and 31 December 2025

200,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2025

101,526

78,032

331,443

511,001

Additions

14,364

3,159

51,225

68,748

Disposals

-

-

(77,858

)

(77,858

)

At 31 December 2025

115,890

81,191

304,810

501,891

DEPRECIATION

At 1 January 2025

39,631

49,753

187,113

276,497

Charge for year

14,181

4,919

76,171

95,271

Eliminated on disposal

-

-

(47,960

)

(47,960

)

At 31 December 2025

53,812

54,672

215,324

323,808

NET BOOK VALUE

At 31 December 2025

62,078

26,519

89,486

178,083

At 31 December 2024

61,895

28,279

144,330

234,504

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

167,446

284,124

Amounts owed by group undertakings

-

968,725

VAT

-

15,520

Called up share capital not paid

100

-

Prepayments

86,399

48,316

253,945

1,316,685

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

1,097,201

828,460

Tax

140,095

102,776

Social security and other taxes

64,037

22,350

Other creditors

47,054

94,388

Directors' current accounts

8,346

1,112

Accrued expenses

13,875

17,577

1,370,608

1,066,663

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Preference shares

-

1,900,000

9.	FINANCIAL INSTRUMENTS

The company has £1,900,000 in £1 preference shares in issue. They are non redeemable and attract a 8% dividend. This were purchased by the company at par on 28th May 2025.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is J Brown.