IRIS Accounts Production v23.4.0.336 02343750 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false false true false A Ordinary 1.00000 B Ordinary 1.00000 C Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh023437502022-07-31023437502023-07-31023437502022-08-012023-07-31023437502021-07-31023437502021-08-012022-07-31023437502022-07-3102343750ns15:EnglandWales2022-08-012023-07-3102343750ns14:PoundSterling2022-08-012023-07-3102343750ns10:Director12022-08-012023-07-3102343750ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3102343750ns10:SmallEntities2022-08-012023-07-3102343750ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3102343750ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3102343750ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3102343750ns10:FullAccounts2022-08-012023-07-310234375012022-08-012023-07-3102343750ns10:OrdinaryShareClass22022-08-012023-07-3102343750ns10:OrdinaryShareClass32022-08-012023-07-3102343750ns10:OrdinaryShareClass42022-08-012023-07-3102343750ns10:Director22022-08-012023-07-3102343750ns10:Director32022-08-012023-07-3102343750ns10:Director42022-08-012023-07-3102343750ns10:CompanySecretary12022-08-012023-07-3102343750ns10:RegisteredOffice2022-08-012023-07-3102343750ns5:CurrentFinancialInstruments2023-07-3102343750ns5:CurrentFinancialInstruments2022-07-3102343750ns5:Non-currentFinancialInstruments2023-07-3102343750ns5:Non-currentFinancialInstruments2022-07-3102343750ns5:ShareCapital2023-07-3102343750ns5:ShareCapital2022-07-3102343750ns5:RetainedEarningsAccumulatedLosses2023-07-3102343750ns5:RetainedEarningsAccumulatedLosses2022-07-3102343750ns5:NetGoodwill2022-08-012023-07-3102343750ns5:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3102343750ns5:LandBuildings2022-08-012023-07-3102343750ns5:PlantMachinery2022-08-012023-07-3102343750ns5:NetGoodwill2022-07-3102343750ns5:NetGoodwill2023-07-3102343750ns5:NetGoodwill2022-07-3102343750ns5:LandBuildings2022-07-3102343750ns5:PlantMachinery2022-07-3102343750ns5:LandBuildings2023-07-3102343750ns5:PlantMachinery2023-07-3102343750ns5:LandBuildings2022-07-3102343750ns5:PlantMachinery2022-07-3102343750ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3102343750ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3102343750ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3102343750ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3102343750ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-07-3102343750ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2022-07-3102343750ns5:HirePurchaseContracts2023-07-3102343750ns5:HirePurchaseContracts2022-07-3102343750ns5:Secured2023-07-3102343750ns5:Secured2022-07-3102343750ns10:OrdinaryShareClass22023-07-3102343750ns10:OrdinaryShareClass32023-07-3102343750ns10:OrdinaryShareClass42023-07-31
REGISTERED NUMBER: 02343750 (England and Wales)












CARLTON CONTRACTS
(CEILINGS & PARTITIONS) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023






CARLTON CONTRACTS
(CEILINGS & PARTITIONS) LIMITED (REGISTERED NUMBER: 02343750)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CARLTON CONTRACTS
(CEILINGS & PARTITIONS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







Directors: Mr P A Cullen
Mrs S J Hurst
Mr L G Hurst
Mr T M Hurst





Secretary: Mrs S J Hurst





Registered office: Unit B1 Anchorage Business Park
Chain Caul Way
Riversway Docklands
PRESTON
PR2 2YL





Registered number: 02343750 (England and Wales)





Accountants: Scott & Wilkinson
Dalton House
9 Dalton Square
LANCASTER
LA1 1WD

CARLTON CONTRACTS
(CEILINGS & PARTITIONS) LIMITED (REGISTERED NUMBER: 02343750)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Intangible assets 4 36,000 42,000
Tangible assets 5 64,065 50,965
100,065 92,965

Current assets
Stocks 3,100 3,000
Debtors 6 502,696 424,834
Cash at bank and in hand 135,431 946
641,227 428,780
Creditors
Amounts falling due within one year 7 485,498 395,063
Net current assets 155,729 33,717
Total assets less current liabilities 255,794 126,682

Creditors
Amounts falling due after more than one year 8 (59,276 ) (54,543 )

Provisions for liabilities (9,000 ) (5,277 )
Net assets 187,518 66,862

Capital and reserves
Called up share capital 11 5,000 5,000
Retained earnings 182,518 61,862
Shareholders' funds 187,518 66,862

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

CARLTON CONTRACTS
(CEILINGS & PARTITIONS) LIMITED (REGISTERED NUMBER: 02343750)

BALANCE SHEET - continued
31 JULY 2023


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 8 April 2024 and were signed on its behalf by:





Mrs S J Hurst - Director


CARLTON CONTRACTS
(CEILINGS & PARTITIONS) LIMITED (REGISTERED NUMBER: 02343750)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. Statutory information

Carlton Contracts (Ceilings & Partitions) 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.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten 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.
Land and buildings - Straight line over 3 years
Plant and machinery etc - 25% Reducing balance

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


CARLTON CONTRACTS
(CEILINGS & PARTITIONS) LIMITED (REGISTERED NUMBER: 02343750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


2. Accounting policies - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 8 (2022 - 6 ) .

CARLTON CONTRACTS
(CEILINGS & PARTITIONS) LIMITED (REGISTERED NUMBER: 02343750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


4. Intangible fixed assets
Goodwill
£   
Cost
At 1 August 2022
and 31 July 2023 60,000
Amortisation
At 1 August 2022 18,000
Charge for year 6,000
At 31 July 2023 24,000
Net book value
At 31 July 2023 36,000
At 31 July 2022 42,000

5. Tangible fixed assets
Plant and
Land and machinery
buildings etc Totals
£    £    £   
Cost
At 1 August 2022 12,352 179,501 191,853
Additions - 37,607 37,607
Disposals - (23,726 ) (23,726 )
At 31 July 2023 12,352 193,382 205,734
Depreciation
At 1 August 2022 12,352 128,536 140,888
Charge for year - 21,355 21,355
Eliminated on disposal - (20,574 ) (20,574 )
At 31 July 2023 12,352 129,317 141,669
Net book value
At 31 July 2023 - 64,065 64,065
At 31 July 2022 - 50,965 50,965

CARLTON CONTRACTS
(CEILINGS & PARTITIONS) LIMITED (REGISTERED NUMBER: 02343750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


6. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 254,416 318,645
Amounts recoverable on contract 171,736 83,432
Other debtors 76,544 22,757
502,696 424,834

7. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts - 71,527
Hire purchase contracts (see note 9) 19,695 12,667
Trade creditors 306,326 197,789
Amounts owed to associates 2,000 2,000
Taxation and social security 139,366 76,355
Other creditors 18,111 34,725
485,498 395,063

8. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Hire purchase contracts (see note 9) 40,943 26,210
Other creditors 18,333 28,333
59,276 54,543

9. Leasing agreements

Minimum lease payments under hire purchase fall due as follows:

2023 2022
£    £   
Net obligations repayable:
Within one year 19,695 12,667
Between one and five years 40,943 26,210
60,638 38,877

CARLTON CONTRACTS
(CEILINGS & PARTITIONS) LIMITED (REGISTERED NUMBER: 02343750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


10. Secured debts

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdraft - 71,527
Hire purchase contracts 60,638 38,877
60,638 110,404

11. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2,500 A Ordinary £1 2,500 2,500
2,250 B Ordinary £1 2,250 2,250
250 C Ordinary £1 250 250
5,000 5,000

12. Directors' advances, credits and guarantees

During the year some of the directors operated an overdrawn current account which constitutes an advance by the company. The details were:

£
Balance as at 1 August 2022(1,450)
Amounts advanced(31,786)
(33,236)

Amounts repaid3,386
Balance as at 31 July 2023(29,850)

The above advance had no fixed repayment date, was unsecured and had interest charged at the official rate of interest.