1 April 2023 false No description of principal activity Taxfiler 2024.5 10054080business:PrivateLimitedCompanyLtd2023-04-012024-03-31 100540802023-03-31 100540802023-04-012024-03-31 10054080business:AuditExemptWithAccountantsReport2023-04-012024-03-31 10054080business:AbridgedAccounts2023-04-012024-03-31 100540802024-03-31 100540802023-03-31 10054080core:WithinOneYear2024-03-31 10054080core:WithinOneYear2023-03-31 10054080core:AfterOneYear2024-03-31 10054080core:AfterOneYear2023-03-31 10054080core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 10054080core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 10054080core:RevaluationReservecore:PreviouslyStatedAmount2024-03-31 10054080core:RevaluationReservecore:PreviouslyStatedAmount2023-03-31 10054080core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 10054080core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 10054080core:PreviouslyStatedAmount2024-03-31 10054080core:PreviouslyStatedAmount2023-03-31 10054080business:SmallEntities2023-04-012024-03-31 10054080business:Director12023-04-012024-03-31 10054080countries:EnglandWales2023-04-012024-03-31 10054080business:RegisteredOffice2023-04-012024-03-31 10054080core:PlantMachinery2023-04-012024-03-31 100540802022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10054080 (England and Wales)
Carwardine Developments Ltd Unaudited accounts for the year ended 31 March 2024
Carwardine Developments Ltd Unaudited accounts Contents
Page
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Carwardine Developments Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,716 
7,073 
Investment property
2,630,222 
2,300,000 
2,634,938 
2,307,073 
Current assets
Debtors
- 
262 
Cash at bank and in hand
725 
3,578 
725 
3,840 
Creditors: amounts falling due within one year
(791,796)
(693,074)
Net current liabilities
(791,071)
(689,234)
Total assets less current liabilities
1,843,867 
1,617,839 
Creditors: amounts falling due after more than one year
(1,257,049)
(1,029,141)
Provisions for liabilities
Deferred tax
(1,180)
- 
Net assets
585,638 
588,698 
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
747,526 
790,254 
Profit and loss account
(161,889)
(201,557)
Shareholders' funds
585,638 
588,698 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 October 2024 and were signed on its behalf by
Martin Stephen Carwardine Director Company Registration No. 10054080
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Carwardine Developments Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Carwardine Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 10054080. The registered office is The Roast House, Bath Road, Upper Langford, Bristol, BS40 5DJ, UK .
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
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Carwardine Developments Ltd Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
9,431 
At 31 March 2024
9,431 
Depreciation
At 1 April 2023
2,358 
Charge for the year
2,357 
At 31 March 2024
4,715 
Net book value
At 31 March 2024
4,716 
At 31 March 2023
7,073 
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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