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
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
Carvels Lettings Ltd
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
102,339
96,078
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
Net assets
135,678
164,429
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
Carvels Lettings Ltd
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 29 February 2024
40,000
At 29 February 2024
40,000
Carvels Lettings Ltd
Notes to the Accounts
for the year ended 29 February 2024
5
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Amounts due from group undertakings etc.
62,150
112,150
Accrued income and prepayments
487
470
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,460
1,882
Taxes and social security
20,258
26,067
Loans from directors
226
3,911
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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.
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.
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).