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REGISTERED NUMBER: 10174915 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Caro Developments Bridewell Ltd

Caro Developments Bridewell Ltd (Registered number: 10174915)






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 Bridewell 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: 10174915 (England and Wales)





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

Caro Developments Bridewell Ltd (Registered number: 10174915)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £ £ £ £
FIXED ASSETS
Investment property 4 32,795 32,795

CURRENT ASSETS
Debtors 5 1,326,119 1,346,781
Cash at bank 22,772 11,186
1,348,891 1,357,967
CREDITORS
Amounts falling due within one year 6 920,575 920,576
NET CURRENT ASSETS 428,316 437,391
TOTAL ASSETS LESS CURRENT
LIABILITIES

461,111

470,186

CREDITORS
Amounts falling due after more than one
year

7

388,578

394,535
NET ASSETS 72,533 75,651

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 72,532 75,650
72,533 75,651

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 Bridewell Ltd (Registered number: 10174915)

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 27 February 2025 and were signed by:





N K Carlyle - Director


Caro Developments Bridewell Ltd (Registered number: 10174915)

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

1. STATUTORY INFORMATION

Caro Developments Bridewell 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 - NIL).

4. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 June 2023
and 31 May 2024 32,795
NET BOOK VALUE
At 31 May 2024 32,795
At 31 May 2023 32,795

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£ £
Other debtors 1,326,119 1,346,781

Caro Developments Bridewell Ltd (Registered number: 10174915)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£ £
Bank loans and overdrafts 5,956 5,956
Trade creditors 194,999 194,999
Other creditors 719,620 719,621
920,575 920,576

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£ £
Bank loans 28,644 34,601
Other creditors 359,934 359,934
388,578 394,535

8. RELATED PARTY DISCLOSURES

As at 31st May 2024, the company was owed £60,824 (2023- £60,824) from Caro Holdings Limited, £56,086 (2023 - £56,086) from Caro Homes Limited, £149,366 (2023 - £149,366) from Caro Estates Limited, £12,200 (2023- £12,200) from Short Stay (NW) Limited, £0 (2023- £581) from Caro Developments Park View Limited, £454,155 (2023 - £454,155) from Caro Developments Baltic Limited, £51,933 (2023 - £51,933) from Caro Developments Shaw Street Limited, £510,365 (2023 - £530,447) from Caro Developments Poets Place Limited, £120 (2023 - £120) from NKC Estates LLP, £13,283 (2023- £13,283) from Parker Street Limited,
£8,150 (2023 - £8,150) from Caro Lettings Limited and £9,637 (2023 - £9,637) from CDL 6 Limited.

Whilst the company owed £229,816 (2023 - £229,816) to Citypoint Properties Limited, £115,262 (2023 - £115,262) to Jamworks Bridewell Limited and £12,810 (2023 - £12,810) to Caryle Painters and Decorators Limited.

All companies are wholly owned by the ultimate controlling party, Mr N Carlyle.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N K Carlyle.