Registered number
03118065
Carpmere Limited
Filleted Accounts
31 October 2024
Carpmere Limited
Registered number: 03118065
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 28 38
Current assets
Debtors 4 673,017 673,017
Cash at bank and in hand 2,793 2,753
675,810 675,770
Creditors: amounts falling due within one year 5 (11,867) (8,825)
Net current assets 663,943 666,945
Net assets 663,971 666,983
Capital and reserves
Called up share capital 100 100
Profit and loss account 663,871 666,883
Shareholders' funds 663,971 666,983
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M B Coulthard
Director
Approved by the board on 4 March 2025
Carpmere Limited
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 November 2023 2,889
At 31 October 2024 2,889
Depreciation
At 1 November 2023 2,851
Charge for the year 10
At 31 October 2024 2,861
Net book value
At 31 October 2024 28
At 31 October 2023 38
4 Debtors 2024 2023
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 672,968 672,968
Other debtors 49 49
673,017 673,017
Amounts due after more than one year included above 672,968 672,968
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 11,867 8,825
6 Other information
Carpmere Limited is a private company limited by shares and incorporated in England. Its registered office is:
Cae Gwegi
Capel Curig
Betws-Y-Coed
Wales
LL23 0DU
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