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REGISTERED NUMBER: 10769743 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Caro Developments Poets Place Ltd

Caro Developments Poets Place Ltd (Registered number: 10769743)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Caro Developments Poets Place Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: N K Carlyle





REGISTERED OFFICE: 33 Netherfield Road South
Liverpool
L5 4LS





REGISTERED NUMBER: 10769743 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Caro Developments Poets Place Ltd (Registered number: 10769743)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £ £
CURRENT ASSETS
Debtors 4 1,037,858 952,827
Cash at bank 1,888 563,448
1,039,746 1,516,275
CREDITORS
Amounts falling due within one year 5 1,017,263 1,476,164
NET CURRENT ASSETS 22,483 40,111
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,483

40,111

CREDITORS
Amounts falling due after more than one
year

6

28,540

34,497
NET (LIABILITIES)/ASSETS (6,057 ) 5,614

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (6,157 ) 5,514
(6,057 ) 5,614

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Caro Developments Poets Place Ltd (Registered number: 10769743)

Balance Sheet - continued
31 May 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 26 February 2025 and were signed by:





N K Carlyle - Director


Caro Developments Poets Place Ltd (Registered number: 10769743)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Caro Developments Poets Place 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£ £
Trade debtors 823 77,601
Other debtors 1,037,035 875,226
1,037,858 952,827

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£ £
Bank loans and overdrafts 5,956 5,956
Trade creditors 8,519 157,567
Taxation and social security 49,862 148,952
Other creditors 952,926 1,163,689
1,017,263 1,476,164

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£ £
Bank loans 28,540 34,497

Caro Developments Poets Place Ltd (Registered number: 10769743)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. RELATED PARTY DISCLOSURES

As at 31/05/2024 the company was owed £5,347 (2023 - £39,305) from Caro Homes Limited, £52,445 (2023 - £50,747) from Caro Holdings Limited, £33,772 (2023 - £17,893) from Caro Developments Baltic Limited, £333,969 (2023 - £343,624) from Carlyle Painters and Decorators Limited, £85,356 (2023 - £76,310) from Caro Lettings Limited, £47,892 (2023 - £47,892) from Parker Street Ltd, £206,204 (2023 - £156,336) from CDL 6 Limited, £59,327 (2023 - £59,327) from Caro Estates Limited, £56,526 (2023 - £10,952) from City Point Properties Limited, £3,500 (2023 - £0) from CDL 2 Ltd, £8,594 (2023 - £0) from CDL 1 Ltd, £111,753 (2023 - £0) from Caro Developments VW Ltd and £32,086 (2023 - £0) from CDL 3 Ltd.

Whilst the company owed £7,260 (2023 - £7,260) to Caro Short Stay Limited, £46,700 (2023 - £46,700) to Shaw Street Liverpool Limited, £510,365 (2023 - £530,447) to Caro Developments Bridewell Limited and £315,473 (2023 - £315,473) to Caro Developments Shaw Street Limited.

All related companies above have the same ultimate controlling party, Mr N Carlyle, who owns 100% share capital.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N K Carlyle.