2023-01-012023-12-312023-12-31falseSC649027Carbonpadel Ltd2024-11-0443999iso4217:GBPxbrli:pureSC6490272023-01-01SC6490272023-12-31SC6490272023-01-012023-12-31SC6490272022-01-01SC6490272022-12-31SC6490272022-01-012022-12-31SC649027bus:SmallEntities2023-01-012023-12-31SC649027bus:AuditExempt-NoAccountantsReport2023-01-012023-12-31SC649027bus:FullAccounts2023-01-012023-12-31SC649027bus:PrivateLimitedCompanyLtd2023-01-012023-12-31SC649027core:WithinOneYear2023-12-31SC649027core:AfterOneYear2023-12-31SC649027core:WithinOneYear2022-12-31SC649027core:AfterOneYear2022-12-31SC649027core:ShareCapital2023-12-31SC649027core:SharePremium2023-12-31SC649027core:RevaluationReserve2023-12-31SC649027core:OtherReservesSubtotal2023-12-31SC649027core:RetainedEarningsAccumulatedLosses2023-12-31SC649027core:ShareCapital2022-12-31SC649027core:SharePremium2022-12-31SC649027core:RevaluationReserve2022-12-31SC649027core:OtherReservesSubtotal2022-12-31SC649027core:RetainedEarningsAccumulatedLosses2022-12-31SC649027core:LandBuildings2023-12-31SC649027core:PlantMachinery2023-12-31SC649027core:Vehicles2023-12-31SC649027core:FurnitureFittings2023-12-31SC649027core:OfficeEquipment2023-12-31SC649027core:NetGoodwill2023-12-31SC649027core:IntangibleAssetsOtherThanGoodwill2023-12-31SC649027core:ListedExchangeTraded2023-12-31SC649027core:UnlistedNon-exchangeTraded2023-12-31SC649027core:LandBuildings2022-12-31SC649027core:PlantMachinery2022-12-31SC649027core:Vehicles2022-12-31SC649027core:FurnitureFittings2022-12-31SC649027core:OfficeEquipment2022-12-31SC649027core:NetGoodwill2022-12-31SC649027core:IntangibleAssetsOtherThanGoodwill2022-12-31SC649027core:ListedExchangeTraded2022-12-31SC649027core:UnlistedNon-exchangeTraded2022-12-31SC649027core:LandBuildings2023-01-012023-12-31SC649027core:PlantMachinery2023-01-012023-12-31SC649027core:Vehicles2023-01-012023-12-31SC649027core:FurnitureFittings2023-01-012023-12-31SC649027core:OfficeEquipment2023-01-012023-12-31SC649027core:NetGoodwill2023-01-012023-12-31SC649027core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-31SC649027core:ListedExchangeTraded2023-01-012023-12-31SC649027core:UnlistedNon-exchangeTraded2023-01-012023-12-31SC649027core:MoreThanFiveYears2023-01-012023-12-31SC649027core:Non-currentFinancialInstruments2023-12-31SC649027core:Non-currentFinancialInstruments2022-12-31SC649027dpl:CostSales2023-01-012023-12-31SC649027dpl:DistributionCosts2023-01-012023-12-31SC649027core:LandBuildings2023-01-012023-12-31SC649027core:PlantMachinery2023-01-012023-12-31SC649027core:Vehicles2023-01-012023-12-31SC649027core:FurnitureFittings2023-01-012023-12-31SC649027core:OfficeEquipment2023-01-012023-12-31SC649027dpl:AdministrativeExpenses2023-01-012023-12-31SC649027core:NetGoodwill2023-01-012023-12-31SC649027core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-31SC649027dpl:GroupUndertakings2023-01-012023-12-31SC649027dpl:ParticipatingInterests2023-01-012023-12-31SC649027dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-31SC649027core:ListedExchangeTraded2023-01-012023-12-31SC649027dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-31SC649027core:UnlistedNon-exchangeTraded2023-01-012023-12-31SC649027dpl:CostSales2022-01-012022-12-31SC649027dpl:DistributionCosts2022-01-012022-12-31SC649027core:LandBuildings2022-01-012022-12-31SC649027core:PlantMachinery2022-01-012022-12-31SC649027core:Vehicles2022-01-012022-12-31SC649027core:FurnitureFittings2022-01-012022-12-31SC649027core:OfficeEquipment2022-01-012022-12-31SC649027dpl:AdministrativeExpenses2022-01-012022-12-31SC649027core:NetGoodwill2022-01-012022-12-31SC649027core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-31SC649027dpl:GroupUndertakings2022-01-012022-12-31SC649027dpl:ParticipatingInterests2022-01-012022-12-31SC649027dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-31SC649027core:ListedExchangeTraded2022-01-012022-12-31SC649027dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-31SC649027core:UnlistedNon-exchangeTraded2022-01-012022-12-31SC649027core:NetGoodwill2023-12-31SC649027core:IntangibleAssetsOtherThanGoodwill2023-12-31SC649027core:LandBuildings2023-12-31SC649027core:PlantMachinery2023-12-31SC649027core:Vehicles2023-12-31SC649027core:FurnitureFittings2023-12-31SC649027core:OfficeEquipment2023-12-31SC649027core:AfterOneYear2023-12-31SC649027core:WithinOneYear2023-12-31SC649027core:ListedExchangeTraded2023-12-31SC649027core:UnlistedNon-exchangeTraded2023-12-31SC649027core:ShareCapital2023-12-31SC649027core:SharePremium2023-12-31SC649027core:RevaluationReserve2023-12-31SC649027core:OtherReservesSubtotal2023-12-31SC649027core:RetainedEarningsAccumulatedLosses2023-12-31SC649027core:NetGoodwill2022-12-31SC649027core:IntangibleAssetsOtherThanGoodwill2022-12-31SC649027core:LandBuildings2022-12-31SC649027core:PlantMachinery2022-12-31SC649027core:Vehicles2022-12-31SC649027core:FurnitureFittings2022-12-31SC649027core:OfficeEquipment2022-12-31SC649027core:AfterOneYear2022-12-31SC649027core:WithinOneYear2022-12-31SC649027core:ListedExchangeTraded2022-12-31SC649027core:UnlistedNon-exchangeTraded2022-12-31SC649027core:ShareCapital2022-12-31SC649027core:SharePremium2022-12-31SC649027core:RevaluationReserve2022-12-31SC649027core:OtherReservesSubtotal2022-12-31SC649027core:RetainedEarningsAccumulatedLosses2022-12-31SC649027core:NetGoodwill2022-01-01SC649027core:IntangibleAssetsOtherThanGoodwill2022-01-01SC649027core:LandBuildings2022-01-01SC649027core:PlantMachinery2022-01-01SC649027core:Vehicles2022-01-01SC649027core:FurnitureFittings2022-01-01SC649027core:OfficeEquipment2022-01-01SC649027core:AfterOneYear2022-01-01SC649027core:WithinOneYear2022-01-01SC649027core:ListedExchangeTraded2022-01-01SC649027core:UnlistedNon-exchangeTraded2022-01-01SC649027core:ShareCapital2022-01-01SC649027core:SharePremium2022-01-01SC649027core:RevaluationReserve2022-01-01SC649027core:OtherReservesSubtotal2022-01-01SC649027core:RetainedEarningsAccumulatedLosses2022-01-01SC649027core:AfterOneYear2023-01-012023-12-31SC649027core:WithinOneYear2023-01-012023-12-31SC649027core:Non-currentFinancialInstrumentscore:CostValuation2023-01-012023-12-31SC649027core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-012023-12-31SC649027core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-012023-12-31SC649027core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-012023-12-31SC649027core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-012023-12-31SC649027core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-012023-12-31SC649027core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-012023-12-31SC649027core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-31SC649027core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-31SC649027core:Non-currentFinancialInstrumentscore:CostValuation2023-12-31SC649027core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-31SC649027core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-31SC649027core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-31SC649027core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-31SC649027core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-31SC649027core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-31SC649027core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-31SC649027core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-31SC649027core:Non-currentFinancialInstrumentscore:CostValuation2022-12-31SC649027core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-31SC649027core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-31SC649027core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-31SC649027core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-31SC649027core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-31SC649027core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-31SC649027core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-31SC649027core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-31SC649027bus:Director12023-01-012023-12-31

Carbonpadel Ltd

Registered Number
SC649027
(Scotland)

Unaudited Financial Statements for the Year ended
31 December 2023

Carbonpadel Ltd
Company Information
for the year from 1 January 2023 to 31 December 2023

Director

Mcilwriath, Paul

Registered Address

2 Melville Street
Falkirk
FK1 1HZ

Registered Number

SC649027 (Scotland)
Carbonpadel Ltd
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets36592,034
6592,034
Current assets
Stocks416,55012,000
Debtors512,15116,370
Cash at bank and on hand2,42523,743
31,12652,113
Creditors amounts falling due within one year6(22,374)(76,173)
Net current assets (liabilities)8,752(24,060)
Total assets less current liabilities9,411(22,026)
Net assets9,411(22,026)
Capital and reserves
Called up share capital11
Profit and loss account9,410(22,027)
Shareholders' funds9,411(22,026)
The financial statements were approved and authorised for issue by the Director on 4 November 2024, and are signed on its behalf by:
Mcilwriath, Paul
Director
Registered Company No. SC649027
Carbonpadel Ltd
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery4
Office Equipment4
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20232022
Average number of employees during the year11
3.Tangible fixed assets

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 January 231,1801,9613,141
Disposals(1,180)-(1,180)
At 31 December 23-1,9611,961
Depreciation and impairment
At 01 January 232958121,107
Charge for year-490490
On disposals(295)-(295)
At 31 December 23-1,3021,302
Net book value
At 31 December 23-659659
At 31 December 228851,1492,034
4.Stocks

2023

2022

££
Other stocks16,55012,000
Total16,55012,000
5.Debtors: amounts due within one year

2023

2022

££
Trade debtors / trade receivables8,80816,370
Other debtors3,343-
Total12,15116,370
6.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables-30,025
Bank borrowings and overdrafts13,5244,774
Taxation and social security4,13039,655
Accrued liabilities and deferred income4,7201,719
Total22,37476,173