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REGISTERED NUMBER: 09404364 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Cartwright Painting Ltd

Cartwright Painting Ltd (Registered number: 09404364)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Cartwright Painting Ltd

Company Information
for the Year Ended 31 January 2025







DIRECTOR: I Cartwright





REGISTERED OFFICE: 4 Hawkhurst Drive
Hill Ridware
Staffordshire
WS15 3RN





REGISTERED NUMBER: 09404364 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

Cartwright Painting Ltd (Registered number: 09404364)

Balance Sheet
31 January 2025

2025 2024
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 3,000 28,537

CURRENT ASSETS
Debtors 5 16,906 45,722

CREDITORS
Amounts falling due within one year 6 (47,947 ) (50,354 )
NET CURRENT LIABILITIES (31,041 ) (4,632 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(28,041

)

23,905

CREDITORS
Amounts falling due after more than one
year

7

(5,759

)

(20,140

)
NET (LIABILITIES)/ASSETS (33,800 ) 3,765

CAPITAL AND RESERVES
Called up share capital 9 3 3
Retained earnings (33,803 ) 3,762
SHAREHOLDERS' FUNDS (33,800 ) 3,765

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 February 2025 and were signed by:



I Cartwright - Director


Cartwright Painting Ltd (Registered number: 09404364)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Cartwright Painting 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

Cartwright Painting Ltd (Registered number: 09404364)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 February 2024 32,651 3,405 36,056
Disposals (26,690 ) - (26,690 )
At 31 January 2025 5,961 3,405 9,366
DEPRECIATION
At 1 February 2024 5,778 1,741 7,519
Charge for year 281 234 515
Eliminated on disposal (1,668 ) - (1,668 )
At 31 January 2025 4,391 1,975 6,366
NET BOOK VALUE
At 31 January 2025 1,570 1,430 3,000
At 31 January 2024 26,873 1,664 28,537

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 16,799 45,722
Other debtors 107 -
16,906 45,722

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 27,898 24,405
Trade creditors 2,600 11,113
Taxation and social security 8,819 12,618
Other creditors 8,630 2,218
47,947 50,354

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 5,759 9,318
Hire purchase contracts - 10,822
5,759 20,140

Cartwright Painting Ltd (Registered number: 09404364)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank overdrafts 21,298 17,417
Bank loans 12,359 16,306
Hire purchase contracts - 10,822
33,657 44,545

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
3 Ordinary £1 3 3

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Cartwright Painting Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cartwright Painting Ltd for the year ended 31 January 2025 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Cartwright Painting Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cartwright Painting Ltd and state those matters that we have agreed to state to the director of Cartwright Painting Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cartwright Painting Ltd and its director for our work or for this report.

It is your duty to ensure that Cartwright Painting Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Cartwright Painting Ltd. You consider that Cartwright Painting Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cartwright Painting Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


25 February 2025