REGISTERED NUMBER: 05110546 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Swale View Caravan Sales Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A P Carter

E L Carter

SECRETARY:

E L Carter

REGISTERED OFFICE:

Buena Vista

Swale View Caravan Park

RICHMOND

North Yorkshire

DL10 4SF

REGISTERED NUMBER:

05110546 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

140 Coniscliffe Road

DARLINGTON

Co Durham

DL3 7RT

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

953,097

979,407

953,097

979,407

CURRENT ASSETS

Stocks

6

188,247

319,045

Debtors

7

29,635

1,345

Cash at bank

16,817

7,511

234,699

327,901

CREDITORS

Amounts falling due within one year

8

241,874

344,905

NET CURRENT LIABILITIES

(7,175

)

(17,004

)

TOTAL ASSETS LESS CURRENT LIABILITIES

945,922

962,403

CREDITORS

Amounts falling due after more than one year

9

235,575

256,538

NET ASSETS

710,347

705,865

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

710,247

705,765

SHAREHOLDERS' FUNDS

710,347

705,865

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 November 2025 and were signed on its behalf by:

A P Carter - Director

1.	STATUTORY INFORMATION

Swale View Caravan Sales 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Freehold property

-

not provided

Computer equipment

-

25% on 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 Statement of Income and Retained Earnings, 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 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

50,000

AMORTISATION

At 1 April 2024

and 31 March 2025

50,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 April 2024

725,429

177,069

71,246

Additions

-

-

-

Disposals

-

(4,600

)

-

At 31 March 2025

725,429

172,469

71,246

DEPRECIATION

At 1 April 2024

-

2,331

20,427

Charge for year

-

714

7,536

Eliminated on disposal

-

(4,600

)

-

At 31 March 2025

-

(1,555

)

27,963

NET BOOK VALUE

At 31 March 2025

725,429

174,024

43,283

At 31 March 2024

725,429

174,738

50,819

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

44,979

7,655

1,026,378

Additions

5,400

-

5,400

Disposals

(39,500

)

-

(44,100

)

At 31 March 2025

10,879

7,655

987,678

DEPRECIATION

At 1 April 2024

21,290

2,923

46,971

Charge for year

1,820

1,183

11,253

Eliminated on disposal

(19,043

)

-

(23,643

)

At 31 March 2025

4,067

4,106

34,581

NET BOOK VALUE

At 31 March 2025

6,812

3,549

953,097

At 31 March 2024

23,689

4,732

979,407

6.

STOCKS

2025

2024

£

£

Stocks

188,247

319,045

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

15,500

(5,000

)

Prepayments

14,135

6,345

29,635

1,345

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

36,249

59,663

Hire purchase contracts (see note 10)

4,819

6,798

Trade creditors

61,527

168,502

Taxation and social security

39,219

35,207

Amounts due to related undertaking

38,473

13,923

Accruals and deferred income

61,587

60,812

241,874

344,905

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

230,946

247,089

Hire purchase contracts (see note 10)

4,629

9,449

235,575

256,538

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

4,819

6,798

Between one and five years

4,629

9,449

9,448

16,247

Non-cancellable

operating leases

2025

2024

£

£

Within one year

70,000

70,000

Between one and five years

70,000

140,000

140,000

210,000