Carleton Kennels Limited 04938618 false 2022-11-01 2023-10-31 2023-10-31 The principal activity of the company is that of dog training and breeding. Digita Accounts Production Advanced 6.30.9574.0 true 04938618 2022-11-01 2023-10-31 04938618 2023-10-31 04938618 core:RetainedEarningsAccumulatedLosses 2023-10-31 04938618 core:ShareCapital 2023-10-31 04938618 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 04938618 core:Goodwill 2023-10-31 04938618 core:FurnitureFittingsToolsEquipment 2023-10-31 04938618 core:LandBuildings 2023-10-31 04938618 core:MotorVehicles 2023-10-31 04938618 bus:SmallEntities 2022-11-01 2023-10-31 04938618 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 04938618 bus:FullAccounts 2022-11-01 2023-10-31 04938618 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 04938618 bus:RegisteredOffice 2022-11-01 2023-10-31 04938618 bus:Director1 2022-11-01 2023-10-31 04938618 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 04938618 bus:Agent1 2022-11-01 2023-10-31 04938618 core:Goodwill 2022-11-01 2023-10-31 04938618 core:FurnitureFittings 2022-11-01 2023-10-31 04938618 core:FurnitureFittingsToolsEquipment 2022-11-01 2023-10-31 04938618 core:LandBuildings 2022-11-01 2023-10-31 04938618 core:MotorVehicles 2022-11-01 2023-10-31 04938618 core:OfficeEquipment 2022-11-01 2023-10-31 04938618 countries:EnglandWales 2022-11-01 2023-10-31 04938618 2022-10-31 04938618 core:Goodwill 2022-10-31 04938618 core:FurnitureFittingsToolsEquipment 2022-10-31 04938618 core:LandBuildings 2022-10-31 04938618 core:MotorVehicles 2022-10-31 04938618 2021-11-01 2022-10-31 04938618 2022-10-31 04938618 core:RetainedEarningsAccumulatedLosses 2022-10-31 04938618 core:ShareCapital 2022-10-31 04938618 core:CurrentFinancialInstruments core:WithinOneYear 2022-10-31 04938618 core:FurnitureFittingsToolsEquipment 2022-10-31 04938618 core:LandBuildings 2022-10-31 04938618 core:MotorVehicles 2022-10-31 iso4217:GBP xbrli:pure

Registration number: 04938618

Carleton Kennels Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2023

 

Carleton Kennels Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 7

 

Carleton Kennels Limited

Company Information

Director

Mrs N Halsted

Registered office

Sixpenny Syke Farm
Carleton Lane
Carleton
Skipton
BD23 3HR

Accountants

Hargreaves Brown & Benson
Chartered Accountants
1 Bond Street
Colne
Lancashire
BB8 9DG

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Carleton Kennels Limited
for the Year Ended 31 October 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Carleton Kennels Limited for the year ended 31 October 2023 as set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Carleton Kennels Limited, as a body. Our work has been undertaken solely to prepare for your approval the accounts of Carleton Kennels Limited and state those matters that we have agreed to state to the Board of Directors of Carleton Kennels Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Carleton Kennels Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Carleton Kennels Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Carleton Kennels Limited. You consider that Carleton Kennels Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Carleton Kennels Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Hargreaves Brown & Benson
Chartered Accountants
1 Bond Street
Colne
Lancashire
BB8 9DG

15 February 2024

 

Carleton Kennels Limited

(Registration number: 04938618)
Balance Sheet as at 31 October 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

5

1,971

2,208

Current assets

 

Stocks

6

4,000

2,750

Cash at bank and in hand

 

57,449

59,529

 

61,449

62,279

Creditors: Amounts falling due within one year

7

(34,256)

(42,287)

Net current assets

 

27,193

19,992

Total assets less current liabilities

 

29,164

22,200

Provisions for liabilities

(374)

(452)

Net assets

 

28,790

21,748

Capital and reserves

 

Called up share capital

1

1

Retained earnings

28,789

21,747

Shareholders' funds

 

28,790

21,748

For the financial year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 15 February 2024
 

.........................................
Mrs N Halsted
Director

 

Carleton Kennels Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Sixpenny Syke Farm
Carleton Lane
Carleton
Skipton
BD23 3HR

These financial statements were authorised for issue by the director on 15 February 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

15% straight line

Motor vehicles

25% straight line

Equipment

15% straight line

 

Carleton Kennels Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

10% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

Carleton Kennels Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

3

Staff numbers

The average number of persons employed by the company (including the director) during the year was 1 (2022 - 1).

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 November 2022

20,000

20,000

At 31 October 2023

20,000

20,000

Amortisation

At 1 November 2022

20,000

20,000

At 31 October 2023

20,000

20,000

Carrying amount

At 31 October 2023

-

-

5

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 November 2022

1,217

12,255

20,940

34,412

At 31 October 2023

1,217

12,255

20,940

34,412

Depreciation

At 1 November 2022

-

11,264

20,940

32,204

Charge for the year

-

237

-

237

At 31 October 2023

-

11,501

20,940

32,441

Carrying amount

At 31 October 2023

1,217

754

-

1,971

At 31 October 2022

1,217

991

-

2,208

Included within the net book value of land and buildings above is £1,217 (2022 - £1,217) in respect of freehold land and buildings.
 

 

Carleton Kennels Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

6

Stocks

2023
£

2022
£

Other inventories

4,000

2,750

7

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Taxation and social security

1,924

3,500

Accruals and deferred income

996

996

Other creditors

31,336

37,791

34,256

42,287