Company registration number 13776615 (England and Wales)
CARROLL CAPITAL LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
CARROLL CAPITAL LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CARROLL CAPITAL LTD
BALANCE SHEET
AS AT 31 MAY 2024
31 May 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investment properties
2
170,000
180,375
Current assets
Debtors
3
1,530
456
Cash at bank and in hand
6,063
2,763
7,593
3,219
Creditors: amounts falling due within one year
4
(116,792)
(122,587)
Net current liabilities
(109,199)
(119,368)
Total assets less current liabilities
60,801
61,007
Creditors: amounts falling due after more than one year
5
(68,300)
(68,300)
Net liabilities
(7,499)
(7,293)
Capital and reserves
Called up share capital
6
10
10
Profit and loss reserves
(7,509)
(7,303)
Total equity
(7,499)
(7,293)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 12 February 2025 and are signed on its behalf by:
Mr Kenneth Carroll
Director
Company Registration No. 13776615
CARROLL CAPITAL LTD
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024
31 May 2024
- 2 -
1
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
2
2
2
Investment property
2024
£
Fair value
At 1 June 2023
180,375
Revaluations
(10,375)
At 31 May 2024
170,000
The fair value of the investment property had first been arrived at based on the cost and refurbishment costs of the property. In this year, the directors believe that a carrying value of £170,000 better reflects the current open market value of the property.
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
1,250
Other debtors
280
456
1,530
456
4
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
1,327
Taxation and social security
532
Other creditors
116,260
121,260
116,792
122,587
5
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
68,300
68,300
CARROLL CAPITAL LTD
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024
31 May 2024
- 3 -
6
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A Shares of 10p each
50
50
5
5
Ordinary B Shares of 10p each
50
50
5
5
100
100
10
10