1 March 2023 false No description of principal activity Taxfiler 2024.6 08662646business:PrivateLimitedCompanyLtd2023-03-012024-02-29 086626462023-02-28 086626462023-03-012024-02-29 08662646business:AuditExemptWithAccountantsReport2023-03-012024-02-29 08662646business:FilletedAccounts2023-03-012024-02-29 086626462024-02-29 08662646business:Director12023-03-012024-02-29 08662646business:RegisteredOffice2023-03-012024-02-29 086626462023-02-28 08662646core:WithinOneYear2024-02-29 08662646core:WithinOneYear2023-02-28 08662646core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 08662646core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 08662646core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 08662646core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 08662646core:PreviouslyStatedAmount2024-02-29 08662646core:PreviouslyStatedAmount2023-02-28 08662646business:SmallEntities2023-03-012024-02-29 08662646countries:EnglandWales2023-03-012024-02-29 08662646core:ComputerEquipment2023-03-012024-02-29 08662646core:Goodwill2023-02-28 08662646core:Goodwill2024-02-29 08662646core:ComputerEquipment2023-02-28 08662646core:ComputerEquipment2024-02-29 086626462022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 08662646 (England and Wales)
Carvels Lettings Ltd Unaudited accounts for the year ended 29 February 2024
Carvels Lettings Ltd Unaudited accounts Contents
Page
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Carvels Lettings Ltd Company Information for the year ended 29 February 2024
Director
Sheridan Derbyshire
Company Number
08662646 (England and Wales)
Registered Office
1 Julian Drive Trowse Norwich Norfolk NR14 8GF United Kingdom
Accountants
JF Accounting Services 1 Julian Drive Trowse Norwich NR14 8GF
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Carvels Lettings Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
749 
500 
Current assets
Debtors
65,301 
113,426 
Cash at bank and in hand
102,339 
96,078 
167,640 
209,504 
Creditors: amounts falling due within one year
(32,569)
(45,480)
Net current assets
135,071 
164,024 
Total assets less current liabilities
135,820 
164,524 
Provisions for liabilities
Deferred tax
(142)
(95)
Net assets
135,678 
164,429 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
135,578 
164,329 
Shareholders' funds
135,678 
164,429 
For the year ending 29 February 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 15 July 2024 and were signed on its behalf by
Sheridan Derbyshire Director Company Registration No. 08662646
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Carvels Lettings Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Carvels Lettings Ltd is a private company, limited by shares, registered in England and Wales, registration number 08662646. The registered office is 1 Julian Drive, Trowse, Norwich, Norfolk, NR14 8GF, United Kingdom.
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.
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:
Computer equipment
33% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2023
40,000 
At 29 February 2024
40,000 
Amortisation
At 1 March 2023
40,000 
At 29 February 2024
40,000 
Net book value
At 29 February 2024
- 
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Carvels Lettings Ltd Notes to the Accounts for the year ended 29 February 2024
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2023
4,262 
Additions
750 
At 29 February 2024
5,012 
Depreciation
At 1 March 2023
3,762 
Charge for the year
501 
At 29 February 2024
4,263 
Net book value
At 29 February 2024
749 
At 28 February 2023
500 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
62,150 
112,150 
Accrued income and prepayments
487 
470 
Other debtors
2,664 
806 
65,301 
113,426 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
7,516 
7,977 
Trade creditors
3,460 
1,882 
Taxes and social security
20,258 
26,067 
Other creditors
1,109 
483 
Loans from directors
226 
3,911 
Accruals
- 
5,160 
32,569 
45,480 
8
Transactions with related parties
Sheridan & Co Property Management Limited owes Carvels Lettings Limited £62,150 as at 29 February 2024 (2023 : £112,150). The Company owes Sheridan Derbyshire £226 at 29 February 2024 (2023 : £3,911) and the balance is included in creditors.
9
Controlling party
The Parent Company is Sheridan & Co Property Management Limited registered in England and Wales. The registered office is 1 Julian Drive, Trowse, Norwich, NR14 8GF.
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Carvels Lettings Ltd Notes to the Accounts for the year ended 29 February 2024
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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