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REGISTERED NUMBER: 06677354 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

LUFF BROOK CARTER LIMITED

LUFF BROOK CARTER LIMITED (REGISTERED NUMBER: 06677354)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 9

LUFF BROOK CARTER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: N A Curtis





REGISTERED OFFICE: 3 Durrant Road
Bournemouth
Dorset
BH2 6NE





REGISTERED NUMBER: 06677354 (England and Wales)





ACCOUNTANTS: Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

LUFF BROOK CARTER LIMITED (REGISTERED NUMBER: 06677354)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 94,000 112,800
Tangible assets 5 19,155 23,625
113,155 136,425

CURRENT ASSETS
Stocks 200 200
Debtors 6 419,886 420,886
Cash at bank and in hand 507,917 426,848
928,003 847,934
CREDITORS
Amounts falling due within one year 7 330,440 217,927
NET CURRENT ASSETS 597,563 630,007
TOTAL ASSETS LESS CURRENT
LIABILITIES

710,718

766,432

CREDITORS
Amounts falling due after more than one
year

8

-

(110,010

)

PROVISIONS FOR LIABILITIES (4,508 ) (4,228 )
NET ASSETS 706,210 652,194

LUFF BROOK CARTER LIMITED (REGISTERED NUMBER: 06677354)

BALANCE SHEET - continued
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 706,110 652,094
SHAREHOLDERS' FUNDS 706,210 652,194

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 December 2024 and were signed by:





N A Curtis - Director


LUFF BROOK CARTER LIMITED (REGISTERED NUMBER: 06677354)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Luff Brook Carter Limited 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 represents work done during the period, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty 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.
Fixtures and fittings - 20% on reducing balance

Fixed assets are initially recognised at cost.

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 Statement of Income and Retained Earnings, 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.


LUFF BROOK CARTER LIMITED (REGISTERED NUMBER: 06677354)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 12 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 376,000
AMORTISATION
At 1 October 2023 263,200
Amortisation for year 18,800
At 30 September 2024 282,000
NET BOOK VALUE
At 30 September 2024 94,000
At 30 September 2023 112,800

LUFF BROOK CARTER LIMITED (REGISTERED NUMBER: 06677354)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 October 2023 91,912
Additions 319
At 30 September 2024 92,231
DEPRECIATION
At 1 October 2023 68,287
Charge for year 4,789
At 30 September 2024 73,076
NET BOOK VALUE
At 30 September 2024 19,155
At 30 September 2023 23,625

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 86,769 73,191
Amounts recoverable on contract 281,544 229,239
Other debtors 51,573 118,456
419,886 420,886

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) - 24,087
Trade creditors 1,207 1,405
Taxation and social security 182,880 148,212
Other creditors 146,353 44,223
330,440 217,927

LUFF BROOK CARTER LIMITED (REGISTERED NUMBER: 06677354)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans (see note 9) - 110,010

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 27,622

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans - 24,087

Amounts falling due between one and two years:
Bank loans - 1-2 years - 24,666

Amounts falling due between two and five years:
Bank loans - 2-5 years - 57,722

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 27,622

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans - 134,097

LUFF BROOK CARTER LIMITED (REGISTERED NUMBER: 06677354)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
N A Curtis
Balance outstanding at start of year - 14,770
Amounts repaid - (14,770 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

This loan is non interest bearing and was repaid in full on 6 April 2023.

12. RELATED PARTY DISCLOSURES

TRANSACTIONS WITH THE DIRECTOR

Non Interest bearing loan on which no terms of repayment have been agreed. The amount due to the director at the balance sheet date amounted to £55,730 (2023 - £2,730).

TRANSACTIONS WITH ASSOCIATES OF THE DIRECTOR

A non interest bearing loan of £19,000 that was due due from an associate of the director as at 30 September 2022 was repaid by the associate in full on 6 April 2023. In addition, a non interest bearing loan of £57,000 was due to the associate at the balance sheet date (2023 - NIL).

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
LUFF BROOK CARTER LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Luff Brook Carter Limited for the year ended 30 September 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Luff Brook Carter Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Luff Brook Carter Limited and state those matters that we have agreed to state to the director of Luff Brook Carter Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Luff Brook Carter Limited and its director for our work or for this report.

It is your duty to ensure that Luff Brook Carter Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Luff Brook Carter Limited. You consider that Luff Brook Carter Limited 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 financial statements of Luff Brook Carter Limited. 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 financial statements.






Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE


11 December 2024