CARNEGIE CONSUMER FINANCE LIMITED

Company Registration Number:
SC424688 (Scotland)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

CARNEGIE CONSUMER FINANCE LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

CARNEGIE CONSUMER FINANCE LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 26,736 0
Total fixed assets: 26,736 0
Current assets
Debtors: 4 9,798,991 14,261,058
Cash at bank and in hand: 12,480 20,883
Total current assets: 9,811,471 14,281,941
Creditors: amounts falling due within one year: 5 (4,565,062) (7,458,810)
Net current assets (liabilities): 5,246,409 6,823,131
Total assets less current liabilities: 5,273,145 6,823,131
Creditors: amounts falling due after more than one year: 6 (4,770,663) (6,301,716)
Total net assets (liabilities): 502,482 521,415
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 501,482 520,415
Shareholders funds: 502,482 521,415

The notes form part of these financial statements

CARNEGIE CONSUMER FINANCE LIMITED

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 February 2025
and signed on behalf of the board by:

Name: M A Head
Status: Director

The notes form part of these financial statements

CARNEGIE CONSUMER FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CARNEGIE CONSUMER FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

CARNEGIE CONSUMER FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 6,867
Additions 31,935
At 31 May 2024 38,802
Depreciation
At 01 June 2023 6,867
Charge for year 5,199
At 31 May 2024 12,066
Net book value
At 31 May 2024 26,736
At 31 May 2023 0

CARNEGIE CONSUMER FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 5,666,797 4,686,816

Debtors within one year: Trade Debtors 2024 £3,733,890 2023 £14,148,147 Other Debtors 2024 £ 398,304 2023 £ 112,911

CARNEGIE CONSUMER FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

Bank Loans & overdrafts: 2024 £2,918,327 2023 £5,773,078 Trade Creditors: 2024 £883,026 2023 £837,128 Corporation Tax: 2024 £251 2023 £22,681 Other Creditors: 2024 £763,458 2023 £825,923

CARNEGIE CONSUMER FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Creditors: amounts falling due after more than one year note

Other Creditors: 2024 £4,770,663 2023 £6,301,716