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REGISTERED NUMBER: 03730577 (England and Wales)















Carera Windows Ltd

Unaudited Financial Statements

for the Year Ended 30 June 2024






Carera Windows Ltd (Registered number: 03730577)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


Carera Windows Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: M Crumpton





REGISTERED OFFICE: 76 High Street
Brierley Hill
West Midlands
DY5 3AW





BUSINESS ADDRESS: 24 Junction Road
Stourbridge
West Midlands
DY8 4YJ





REGISTERED NUMBER: 03730577 (England and Wales)





ACCOUNTANTS: JMC Accountants & Tax Advisers Ltd
76 High Street
Brierley Hill
West Midlands
DY5 3AW

Carera Windows Ltd (Registered number: 03730577)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 46,927 62,004
46,927 62,004

CURRENT ASSETS
Stocks 7,000 7,000
Debtors 6 160,830 127,951
Cash at bank and in hand 142,279 124,839
310,109 259,790
CREDITORS
Amounts falling due within one year 7 257,723 241,102
NET CURRENT ASSETS 52,386 18,688
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,313

80,692

CREDITORS
Amounts falling due after more than one
year

8

(29,243

)

(33,081

)

PROVISIONS FOR LIABILITIES (8,916 ) (2,933 )
NET ASSETS 61,154 44,678

CAPITAL AND RESERVES
Called up share capital 71 71
Capital redemption reserve (99,969 ) (99,969 )
Retained earnings 161,052 144,576
SHAREHOLDERS' FUNDS 61,154 44,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Carera Windows Ltd (Registered number: 03730577)

Balance Sheet - continued
30 June 2024


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 director and authorised for issue on 14 November 2024 and were signed by:





M Crumpton - Director


Carera Windows Ltd (Registered number: 03730577)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Carera Windows Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1999, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Carera Windows Ltd (Registered number: 03730577)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
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 6 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 16,000
AMORTISATION
At 1 July 2023
and 30 June 2024 16,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

Carera Windows Ltd (Registered number: 03730577)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 July 2023
and 30 June 2024 6,195 19,132 98,435 123,762
DEPRECIATION
At 1 July 2023 6,195 14,813 40,750 61,758
Charge for year - 656 14,421 15,077
At 30 June 2024 6,195 15,469 55,171 76,835
NET BOOK VALUE
At 30 June 2024 - 3,663 43,264 46,927
At 30 June 2023 - 4,319 57,685 62,004

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 152,815 125,115
Amounts owed by group undertakings 5,500 500
Other debtors 2,515 2,336
160,830 127,951

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,634 12,030
Trade creditors 148,161 131,339
Amounts owed to group undertakings 2,324 523
Taxation and social security 88,448 88,066
Other creditors 8,156 9,144
257,723 241,102

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 29,243 33,081

Carera Windows Ltd (Registered number: 03730577)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
M Crumpton
Balance outstanding at start of year - -
Amounts advanced - 2,379
Amounts repaid - (2,379 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The advance provided to the directors of the company has been provided interest free & is repayable on demand.