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REGISTERED NUMBER: 14787775 (England and Wales)







Unaudited Financial Statements

for the Period 10 April 2023 to 30 April 2024

for

Cartwright Developments Ltd

Cartwright Developments Ltd (Registered number: 14787775)






Contents of the Financial Statements
for the Period 10 April 2023 to 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Cartwright Developments Ltd

Company Information
for the Period 10 April 2023 to 30 April 2024







DIRECTORS: Mr A G Cartwright
Mr M J Cartwright





REGISTERED OFFICE: The Old Plough
Latteridge Road
Iron Acton
Bristol
BS37 9TW





REGISTERED NUMBER: 14787775 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

Cartwright Developments Ltd (Registered number: 14787775)

Balance Sheet
30 April 2024

Notes £   
CURRENT ASSETS
Stocks 485,343
Debtors 4 27,273
Cash at bank 6,759
519,375
CREDITORS
Amounts falling due within one year 5 548,682
NET CURRENT LIABILITIES (29,307 )
TOTAL ASSETS LESS CURRENT LIABILITIES (29,307 )

CAPITAL AND RESERVES
Called up share capital 7 101
Retained earnings 8 (29,408 )
SHAREHOLDERS' FUNDS (29,307 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 March 2025 and were signed on its behalf by:





Mr M J Cartwright - Director


Cartwright Developments Ltd (Registered number: 14787775)

Notes to the Financial Statements
for the Period 10 April 2023 to 30 April 2024

1. STATUTORY INFORMATION

Cartwright Developments 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value, and relates to the ongoing construction of property for future sale.

Expenditure is allocated to work in progress based on the costs of land, services and materials directly related to this construction.

Taxation
Taxation for the period 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.

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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 8,901
VAT 15,046
Prepayments and accrued income 3,326
27,273

Cartwright Developments Ltd (Registered number: 14787775)

Notes to the Financial Statements - continued
for the Period 10 April 2023 to 30 April 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other loans 200,001
Trade creditors 3,499
Amounts owed to group undertakings 334,041
Social security and other taxes 1,837
Accrued expenses 9,304
548,682

6. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
£   
Within one year 4,876
Between one and five years 5,283
10,159

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
101 Ordinary £1 101

101 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

8. RESERVES
Retained
earnings
£   

Deficit for the period (29,408 )
At 30 April 2024 (29,408 )

9. GOING CONCERN

At the year end, the company had net liabilities. However, the directors have confirmed that, in their opinion, the company will be able to meet its liabilities as they fall due for the foreseeable future (being a period not less than twelve months) due to their continued financial support of the company.

Consequently, the company is considered to be a going concern.