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REGISTERED NUMBER: 06598401 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

CARBON FC LIMITED

CARBON FC LIMITED (REGISTERED NUMBER: 06598401)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CARBON FC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: M J T Gunn
P Lyons





SECRETARY: S Gunn





REGISTERED OFFICE: Egerton House
68 Baker Street
Weybridge
Surrey
KT13 8AL





REGISTERED NUMBER: 06598401 (England and Wales)





ACCOUNTANTS: RJP LLP
Ground Floor
Egerton House
68 Baker Street
Weybridge
Surrey
KT13 8AL

CARBON FC LIMITED (REGISTERED NUMBER: 06598401)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,494 24,109
Investments 5 1 1
20,495 24,110

CURRENT ASSETS
Debtors 6 489,092 455,304
Cash at bank 340,883 257,516
829,975 712,820
CREDITORS
Amounts falling due within one year 7 444,550 316,529
NET CURRENT ASSETS 385,425 396,291
TOTAL ASSETS LESS CURRENT
LIABILITIES

405,920

420,401

CREDITORS
Amounts falling due after more than one
year

8

(14,167

)

(24,167

)

PROVISIONS FOR LIABILITIES 10 (5,124 ) (4,581 )
NET ASSETS 386,629 391,653

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 386,529 391,553
SHAREHOLDERS' FUNDS 386,629 391,653

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 FC LIMITED (REGISTERED NUMBER: 06598401)

BALANCE SHEET - continued
31 DECEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2024 and were signed on its behalf by:





M J T Gunn - Director


CARBON FC LIMITED (REGISTERED NUMBER: 06598401)

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


1. STATUTORY INFORMATION

Carbon FC 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.
Improvements to property - 20% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33.33% on reducing balance

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 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.

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 11 (2022 - 9 ) .

CARBON FC LIMITED (REGISTERED NUMBER: 06598401)

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


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 46,201
Additions 5,651
At 31 December 2023 51,852
DEPRECIATION
At 1 January 2023 22,092
Charge for year 9,266
At 31 December 2023 31,358
NET BOOK VALUE
At 31 December 2023 20,494
At 31 December 2022 24,109

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023
and 31 December 2023 1
NET BOOK VALUE
At 31 December 2023 1
At 31 December 2022 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 152,689 162,800
Other debtors 336,403 292,504
489,092 455,304

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,000 10,001
Trade creditors 23,963 14,299
Taxation and social security 224,284 94,422
Other creditors 186,303 197,807
444,550 316,529

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 14,167 24,167

CARBON FC LIMITED (REGISTERED NUMBER: 06598401)

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


9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
£    £   
Within one year 28,763 28,763
Between one and five years 43,144 1,182
71,907 29,945

10. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 5,124 4,581

Deferred
tax
£   
Balance at 1 January 2023 4,581
Movement in the year 543
Balance at 31 December 2023 5,124

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid
Number: Class: Nominal value: 31.12.23 31.12.22
£ £
97 Ordinary £1 97 97
825 A Ordinary £0.001 1 1
825 B Ordinary £0.001 1 1
825 C Ordinary £0.001 1 1
525 D Ordinary £0.001 - -
100 100

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
M J T Gunn
Balance outstanding at start of year 64,306 138,221
Amounts advanced 162,207 108,304
Amounts repaid (230,842 ) (182,219 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4,329 ) 64,306

CARBON FC LIMITED (REGISTERED NUMBER: 06598401)

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


12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

P Lyons
Balance outstanding at start of year - -
Amounts advanced 300,038 -
Amounts repaid (309,844 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (9,806 ) -

13. RELATED PARTY DISCLOSURES

At the year end the company was owed £224,151 (2022 - £176,500), by shareholders that are not appointed as directors.