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Company Registration No. 07954643 (England and Wales)
Carbon Responsible Ltd Unaudited accounts for the year ended 30 April 2024
Carbon Responsible Ltd Unaudited accounts Contents
Page
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Carbon Responsible Ltd Company Information for the year ended 30 April 2024
Directors
Alexandra Kimber Hugo Charles Kimber Matthew Connelly Paver
Company Number
07954643 (England and Wales)
Registered Office
Unit 2, Uffcott Farm Uffcott Swindon Wiltshire SN4 9NB UK
Accountants
Barnes & Scott 86-90 Paul Street Shoreditch London EC2A 4NE
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Carbon Responsible Ltd for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Carbon Responsible Ltd for the year ended 30 April 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Carbon Responsible Ltd, as a body, in accordance with the terms of our engagement letter dated 10 August 2024. Our work has been undertaken solely to prepare for your approval the accounts of Carbon Responsible Ltd and state those matters that we have agreed to state to the Board of Directors of Carbon Responsible Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Carbon Responsible Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Carbon Responsible Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Carbon Responsible Ltd. You consider that Carbon Responsible Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Carbon Responsible Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Barnes & Scott Chartered Accountants 86-90 Paul Street Shoreditch London EC2A 4NE 4 December 2024
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Carbon Responsible Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
61,628 
37,598 
Tangible assets
7,549 
6,349 
69,177 
43,947 
Current assets
Debtors
110,095 
91,667 
Cash at bank and in hand
89,173 
516,633 
199,268 
608,300 
Creditors: amounts falling due within one year
(289,772)
(47,742)
Net current (liabilities)/assets
(90,504)
560,558 
Total assets less current liabilities
(21,327)
604,505 
Creditors: amounts falling due after more than one year
(9,965)
(119,448)
Net (liabilities)/assets
(31,292)
485,057 
Capital and reserves
Called up share capital
1,610 
1,610 
Share premium
869,819 
769,819 
Profit and loss account
(902,721)
(286,372)
Shareholders' funds
(31,292)
485,057 
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 4 December 2024 and were signed on its behalf by
Hugo Charles Kimber Director Company Registration No. 07954643
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Carbon Responsible Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Carbon Responsible Ltd is a private company, limited by shares, registered in England and Wales, registration number 07954643. The registered office is Unit 2, Uffcott Farm, Uffcott, Swindon, Wiltshire, SN4 9NB, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Fixtures & fittings
25% Reducing Balance
Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Carbon Responsible Ltd Notes to the Accounts for the year ended 30 April 2024
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Going concern
The directors consider the going concern basis to be appropriate having paid due regard to the company's projected results during the twelve months from the date the financial statements are approved and anticipated cash flows, availability of financing facilities and mitigating actions that can be taken during the period.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 May 2023
97,965 
Additions
49,143 
At 30 April 2024
147,108 
Amortisation
At 1 May 2023
60,367 
Charge for the year
25,113 
At 30 April 2024
85,480 
Net book value
At 30 April 2024
61,628 
At 30 April 2023
37,598 
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 May 2023
16,178 
Additions
3,055 
At 30 April 2024
19,233 
Depreciation
At 1 May 2023
9,829 
Charge for the year
1,855 
At 30 April 2024
11,684 
Net book value
At 30 April 2024
7,549 
At 30 April 2023
6,349 
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Carbon Responsible Ltd Notes to the Accounts for the year ended 30 April 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
110,095 
87,061 
Other debtors
- 
4,606 
110,095 
91,667 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
24,518 
16,196 
VAT
21,994 
6,642 
Trade creditors
11,412 
- 
Taxes and social security
11,929 
10,295 
Other creditors
- 
263 
Loans from directors
214,465 
- 
Accruals
5,454 
14,346 
289,772 
47,742 
At year end £214,465 (2023: £nil) was owed to the directors of the company. The Director's Loan is non interest bearing and payable on demand.
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,965 
19,448 
Other creditors
- 
100,000 
9,965 
119,448 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,610 Ordinary shares of £1 each
1,610 
1,610 
10
Average number of employees
During the year the average number of employees was 13 (2023: 13).
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