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REGISTERED NUMBER: 04603908 (England and Wales)















Financial Statements for the Year Ended 30th November 2023

for

Carbon Creative Limited

Carbon Creative Limited (Registered number: 04603908)






Contents of the Financial Statements
for the Year Ended 30th November 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Carbon Creative Limited

Company Information
for the Year Ended 30th November 2023







DIRECTORS: Martin Colin Hadfield
Kathryn Hadfield





SECRETARY: Kathryn Hadfield





REGISTERED OFFICE: Tomorrow
Mediacityuk
Salford
M50 2AB





REGISTERED NUMBER: 04603908 (England and Wales)





ACCOUNTANT: Frazer Waite Desmier Limited
Peine House
Hind Hill Street
Heywood
Lancashire
OL10 1JZ

Carbon Creative Limited (Registered number: 04603908)

Abridged Statement of Financial Position
30th November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 128,750 140,344

CURRENT ASSETS
Debtors 160,720 192,340
Cash at bank 208,643 785,062
369,363 977,402
CREDITORS
Amounts falling due within one year 236,251 164,188
NET CURRENT ASSETS 133,112 813,214
TOTAL ASSETS LESS CURRENT
LIABILITIES

261,862

953,558

PROVISIONS FOR LIABILITIES 1,004 2,450
NET ASSETS 260,858 951,108

CAPITAL AND RESERVES
Called up share capital 5 102 102
Retained earnings 6 260,756 951,006
SHAREHOLDERS' FUNDS 260,858 951,108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

Carbon Creative Limited (Registered number: 04603908)

Abridged Statement of Financial Position - continued
30th November 2023


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 30th November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th April 2024 and were signed on its behalf by:




Martin Colin Hadfield - Director



Kathryn Hadfield - Director


Carbon Creative Limited (Registered number: 04603908)

Notes to the Financial Statements
for the Year Ended 30th November 2023

1. STATUTORY INFORMATION

Carbon Creative 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life after taking into account its estimated residual value.

Leasehold buildings2 % on cost
Fixtures and equipment15 % on cost
Computer equipment50 % on cost
Motor vehicles25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Government grants
The company has been awarded a grant from its local authority towards the cost of the security system.
The grant has been recognised in the profit and loss account over the useful life of the asset to which it relates

Carbon Creative Limited (Registered number: 04603908)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 16 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st December 2022 244,537
Additions 690
Disposals (20,094 )
At 30th November 2023 225,133
DEPRECIATION
At 1st December 2022 104,193
Charge for year 9,606
Eliminated on disposal (17,416 )
At 30th November 2023 96,383
NET BOOK VALUE
At 30th November 2023 128,750
At 30th November 2022 140,344

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100
2 Preference £1 2 2
102 102

6. RESERVES
Retained
earnings
£   

At 1st December 2022 951,006
Profit for the year 119,750
Employee Ownership Trust Gifts (810,000 )
At 30th November 2023 260,756