2022-02-012023-01-312023-01-31false04084092Carbotech-Europe Limited2023-10-0929320iso4217:GBPxbrli:pure040840922022-02-01040840922023-01-31040840922022-02-012023-01-31040840922021-02-01040840922022-01-31040840922021-02-012022-01-3104084092bus:SmallEntities2022-02-012023-01-3104084092bus:AuditExempt-NoAccountantsReport2022-02-012023-01-3104084092bus:FullAccounts2022-02-012023-01-3104084092bus:PrivateLimitedCompanyLtd2022-02-012023-01-3104084092core:WithinOneYear2023-01-3104084092core:AfterOneYear2023-01-3104084092core:WithinOneYear2022-01-3104084092core:AfterOneYear2022-01-3104084092core:ShareCapital2023-01-3104084092core:SharePremium2023-01-3104084092core:RevaluationReserve2023-01-3104084092core:OtherReservesSubtotal2023-01-3104084092core:RetainedEarningsAccumulatedLosses2023-01-3104084092core:ShareCapital2022-01-3104084092core:SharePremium2022-01-3104084092core:RevaluationReserve2022-01-3104084092core:OtherReservesSubtotal2022-01-3104084092core:RetainedEarningsAccumulatedLosses2022-01-3104084092core:LandBuildings2023-01-3104084092core:PlantMachinery2023-01-3104084092core:Vehicles2023-01-3104084092core:FurnitureFittings2023-01-3104084092core:OfficeEquipment2023-01-3104084092core:NetGoodwill2023-01-3104084092core:IntangibleAssetsOtherThanGoodwill2023-01-3104084092core:ListedExchangeTraded2023-01-3104084092core:UnlistedNon-exchangeTraded2023-01-3104084092core:LandBuildings2022-01-3104084092core:PlantMachinery2022-01-3104084092core:Vehicles2022-01-3104084092core:FurnitureFittings2022-01-3104084092core:OfficeEquipment2022-01-3104084092core:NetGoodwill2022-01-3104084092core:IntangibleAssetsOtherThanGoodwill2022-01-3104084092core:ListedExchangeTraded2022-01-3104084092core:UnlistedNon-exchangeTraded2022-01-3104084092core:LandBuildings2022-02-012023-01-3104084092core:PlantMachinery2022-02-012023-01-3104084092core:Vehicles2022-02-012023-01-3104084092core:FurnitureFittings2022-02-012023-01-3104084092core:OfficeEquipment2022-02-012023-01-3104084092core:NetGoodwill2022-02-012023-01-3104084092core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3104084092core:ListedExchangeTraded2022-02-012023-01-3104084092core:UnlistedNon-exchangeTraded2022-02-012023-01-3104084092core:MoreThanFiveYears2022-02-012023-01-3104084092core:Non-currentFinancialInstruments2023-01-3104084092core:Non-currentFinancialInstruments2022-01-3104084092dpl:CostSales2022-02-012023-01-3104084092dpl:DistributionCosts2022-02-012023-01-3104084092dpl:AdministrativeExpenses2022-02-012023-01-3104084092core:LandBuildings2022-02-012023-01-3104084092core:PlantMachinery2022-02-012023-01-3104084092core:Vehicles2022-02-012023-01-3104084092core:FurnitureFittings2022-02-012023-01-3104084092core:OfficeEquipment2022-02-012023-01-3104084092core:NetGoodwill2022-02-012023-01-3104084092core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3104084092dpl:GroupUndertakings2022-02-012023-01-3104084092dpl:ParticipatingInterests2022-02-012023-01-3104084092dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3104084092core:ListedExchangeTraded2022-02-012023-01-3104084092dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3104084092core:UnlistedNon-exchangeTraded2022-02-012023-01-3104084092dpl:CostSales2021-02-012022-01-3104084092dpl:DistributionCosts2021-02-012022-01-3104084092dpl:AdministrativeExpenses2021-02-012022-01-3104084092core:LandBuildings2021-02-012022-01-3104084092core:PlantMachinery2021-02-012022-01-3104084092core:Vehicles2021-02-012022-01-3104084092core:FurnitureFittings2021-02-012022-01-3104084092core:OfficeEquipment2021-02-012022-01-3104084092core:NetGoodwill2021-02-012022-01-3104084092core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-3104084092dpl:GroupUndertakings2021-02-012022-01-3104084092dpl:ParticipatingInterests2021-02-012022-01-3104084092dpl:GroupUndertakingscore:ListedExchangeTraded2021-02-012022-01-3104084092core:ListedExchangeTraded2021-02-012022-01-3104084092dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-02-012022-01-3104084092core:UnlistedNon-exchangeTraded2021-02-012022-01-3104084092core:NetGoodwill2023-01-3104084092core:IntangibleAssetsOtherThanGoodwill2023-01-3104084092core:LandBuildings2023-01-3104084092core:PlantMachinery2023-01-3104084092core:Vehicles2023-01-3104084092core:FurnitureFittings2023-01-3104084092core:OfficeEquipment2023-01-3104084092core:AfterOneYear2023-01-3104084092core:WithinOneYear2023-01-3104084092core:ListedExchangeTraded2023-01-3104084092core:UnlistedNon-exchangeTraded2023-01-3104084092core:ShareCapital2023-01-3104084092core:SharePremium2023-01-3104084092core:RevaluationReserve2023-01-3104084092core:OtherReservesSubtotal2023-01-3104084092core:RetainedEarningsAccumulatedLosses2023-01-3104084092core:NetGoodwill2022-01-3104084092core:IntangibleAssetsOtherThanGoodwill2022-01-3104084092core:LandBuildings2022-01-3104084092core:PlantMachinery2022-01-3104084092core:Vehicles2022-01-3104084092core:FurnitureFittings2022-01-3104084092core:OfficeEquipment2022-01-3104084092core:AfterOneYear2022-01-3104084092core:WithinOneYear2022-01-3104084092core:ListedExchangeTraded2022-01-3104084092core:UnlistedNon-exchangeTraded2022-01-3104084092core:ShareCapital2022-01-3104084092core:SharePremium2022-01-3104084092core:RevaluationReserve2022-01-3104084092core:OtherReservesSubtotal2022-01-3104084092core:RetainedEarningsAccumulatedLosses2022-01-3104084092core:NetGoodwill2021-02-0104084092core:IntangibleAssetsOtherThanGoodwill2021-02-0104084092core:LandBuildings2021-02-0104084092core:PlantMachinery2021-02-0104084092core:Vehicles2021-02-0104084092core:FurnitureFittings2021-02-0104084092core:OfficeEquipment2021-02-0104084092core:AfterOneYear2021-02-0104084092core:WithinOneYear2021-02-0104084092core:ListedExchangeTraded2021-02-0104084092core:UnlistedNon-exchangeTraded2021-02-0104084092core:ShareCapital2021-02-0104084092core:SharePremium2021-02-0104084092core:RevaluationReserve2021-02-0104084092core:OtherReservesSubtotal2021-02-0104084092core:RetainedEarningsAccumulatedLosses2021-02-0104084092core:AfterOneYear2022-02-012023-01-3104084092core:WithinOneYear2022-02-012023-01-3104084092core:Non-currentFinancialInstrumentscore:CostValuation2022-02-012023-01-3104084092core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-02-012023-01-3104084092core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-02-012023-01-3104084092core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-02-012023-01-3104084092core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-02-012023-01-3104084092core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-02-012023-01-3104084092core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-02-012023-01-3104084092core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-02-012023-01-3104084092core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-02-012023-01-3104084092core:Non-currentFinancialInstrumentscore:CostValuation2023-01-3104084092core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-3104084092core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-3104084092core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-3104084092core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-3104084092core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-3104084092core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-3104084092core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-3104084092core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-3104084092core:Non-currentFinancialInstrumentscore:CostValuation2022-01-3104084092core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-01-3104084092core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-01-3104084092core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-01-3104084092core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-01-3104084092core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-01-3104084092core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-01-3104084092core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-01-3104084092core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-01-3104084092bus:Director12022-02-012023-01-3104084092core:FurnitureFittingsToolsEquipment2022-01-3104084092core:FurnitureFittingsToolsEquipment2023-01-3104084092core:FurnitureFittingsToolsEquipment2022-02-012023-01-31

Carbotech-Europe Limited

Registered Number
04084092
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2023

Carbotech-Europe Limited
Company Information
for the year from 1 February 2022 to 31 January 2023

Director

Timothy John Stamper

Registered Address

Greenways
Plumpton
Penrith
CA11 9PA

Registered Number

04084092 (England and Wales)
Carbotech-Europe Limited
Statement of Financial Position
31 January 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets8747879
747879
Current assets
Stocks1030,23027,730
Debtors118,78311,118
Cash at bank and on hand-2,528
39,01341,376
Creditors amounts falling due within one year12(38,469)(34,593)
Net current assets (liabilities)5446,783
Total assets less current liabilities1,2917,662
Net assets1,2917,662
Capital and reserves
Called up share capital100100
Profit and loss account1,1917,562
Shareholders' funds1,2917,662
The financial statements were approved and authorised for issue by the Director on 9 October 2023, and are signed on its behalf by:
Timothy John Stamper
Director
Registered Company No. 04084092
Carbotech-Europe Limited
Notes to the Financial Statements
for the year ended 31 January 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
4.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
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. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Government grants and other government assistance policy
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
Valuation of financial instruments policy
The company only holds basic financial instruments as defined in FRS 102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets – trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost as detailed in notes. Prepayments are not financial instruments. Cash at bank – is classified as a basic financial instrument and is measured at face value. Financial liabilities – trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost as detailed in notes. Taxation and social security are not included in the financial instruments disclosure definition. Deferred income is not deemed to be a financial liability, as the cash settlement has already taken place and there is an obligation to deliver services rather than cash or another financial instrument.
Going concern
The balance sheet indicates a net deficit of £1,291. However, the accounts have been prepared on a going concern basis on the grounds that the directors will continue to meet the day to day expenses of the company and as the largest creditor of the company they have continued to provide these funds to the company since the year end.
5.Critical estimates and judgements
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Significant judgements There are no judgements (apart from those involving estimations) that management have made in the process of applying the entity's accounting policies that have a significant effect on the amounts recognised in the financial statements.
6.Sources of estimation uncertainty
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There are no key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
7.Employee information

20232022
Average number of employees during the year33
8.Property, plant and equipment

Plant & machinery

Fixtures & fittings

Total

£££
Cost or valuation
At 01 February 2217,41730917,726
At 31 January 2317,41730917,726
Depreciation and impairment
At 01 February 2216,53830916,847
Charge for year132-132
At 31 January 2316,67030916,979
Net book value
At 31 January 23747-747
At 31 January 22879-879
9.Provisions for impairment of tangible assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
10.Stocks

2023

2022

££
Finished goods30,23027,730
Total30,23027,730
11.Debtors

2023

2022

££
Trade debtors / trade receivables8,38411,118
Other debtors399-
Total8,78311,118
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
12.Creditors within one year

2023

2022

££
Trade creditors / trade payables19,6519,545
Taxation and social security6002,105
Other creditors15,91820,643
Accrued liabilities and deferred income2,3002,300
Total38,46934,593
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.