Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30No description of principal activity2022-07-01false56truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09088851 2022-07-01 2023-06-30 09088851 2021-07-01 2022-06-30 09088851 2023-06-30 09088851 2022-06-30 09088851 c:Director1 2022-07-01 2023-06-30 09088851 d:PlantMachinery 2022-07-01 2023-06-30 09088851 d:PlantMachinery 2023-06-30 09088851 d:PlantMachinery 2022-06-30 09088851 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 09088851 d:MotorVehicles 2022-07-01 2023-06-30 09088851 d:MotorVehicles 2023-06-30 09088851 d:MotorVehicles 2022-06-30 09088851 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 09088851 d:FurnitureFittings 2022-07-01 2023-06-30 09088851 d:FurnitureFittings 2023-06-30 09088851 d:FurnitureFittings 2022-06-30 09088851 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 09088851 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 09088851 d:CurrentFinancialInstruments 2023-06-30 09088851 d:CurrentFinancialInstruments 2022-06-30 09088851 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 09088851 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 09088851 d:ShareCapital 2023-06-30 09088851 d:ShareCapital 2022-06-30 09088851 d:RetainedEarningsAccumulatedLosses 2023-06-30 09088851 d:RetainedEarningsAccumulatedLosses 2022-06-30 09088851 c:FRS102 2022-07-01 2023-06-30 09088851 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 09088851 c:FullAccounts 2022-07-01 2023-06-30 09088851 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 09088851









CARLETON STRUCTURAL LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
CARLETON STRUCTURAL LTD
REGISTERED NUMBER: 09088851

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
44,562
52,911

  
44,562
52,911

Current assets
  

Stocks
 5 
37,327
18,642

Debtors: amounts falling due within one year
 6 
52,674
21,679

Cash at bank and in hand
 7 
122,116
157,294

  
212,117
197,615

Creditors: amounts falling due within one year
 8 
(167,972)
(118,620)

Net current assets
  
 
 
44,145
 
 
78,995

Total assets less current liabilities
  
88,707
131,906

  

Net assets
  
88,707
131,906


Capital and reserves
  

Called up share capital 
  
101
101

Profit and loss account
  
88,606
131,805

  
88,707
131,906


Page 1

 
CARLETON STRUCTURAL LTD
REGISTERED NUMBER: 09088851
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




C R Lawman
Director

Date: 13 November 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
CARLETON STRUCTURAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Carleton Structural Ltd is a company limited by shares incorporated in England and Wales within the United Kingdom.  The address of the registered office is Puffin, Manor Park, Kingsbridge, Devon, TQ7 1BB.
The company's principal activity is that of a construction company offering a wide range of structural repair services. 
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

Page 3

 
CARLETON STRUCTURAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 4

 
CARLETON STRUCTURAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
straight line
Motor vehicles
-
20%
straight line
Fixtures and fittings
-
20%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
CARLETON STRUCTURAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.10

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 an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2022 - 6).


4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 July 2022
25,331
55,134
5,029
85,494


Additions
5,919
-
1,431
7,350



At 30 June 2023

31,250
55,134
6,460
92,844



Depreciation


At 1 July 2022
19,579
11,305
1,699
32,583


Charge for the year on owned assets
3,544
11,027
1,128
15,699



At 30 June 2023

23,123
22,332
2,827
48,282



Net book value



At 30 June 2023
8,127
32,802
3,633
44,562



At 30 June 2022
5,752
43,829
3,330
52,911


5.


Stocks

2023
2022
£
£

Finished goods and goods for resale
37,327
18,642

37,327
18,642


Page 6

 
CARLETON STRUCTURAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

6.


Debtors

2023
2022
£
£


Trade debtors
51,773
14,785

Other debtors
-
5,644

Prepayments and accrued income
901
1,250

52,674
21,679



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
122,116
157,294

122,116
157,294



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
41,218
55,339

Corporation tax
21,787
14,671

Other taxation and social security
9,741
1,117

Other creditors
93,426
45,875

Accruals and deferred income
1,800
1,618

167,972
118,620



9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £1,271 (2022 - £788).

 
Page 7