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REGISTERED NUMBER: 09677621 (England and Wales)









C R CAREY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






C R CAREY LIMITED (REGISTERED NUMBER: 09677621)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C R CAREY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Dr C Fairweather





REGISTERED OFFICE: 114 High Street
Billingshurst
West Sussex
RH14 9QS





REGISTERED NUMBER: 09677621 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

C R CAREY LIMITED (REGISTERED NUMBER: 09677621)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 186,000 201,500
Tangible assets 5 116,166 83,220
302,166 284,720

CURRENT ASSETS
Debtors 6 73,044 78,659
Cash at bank and in hand 24,607 39,633
97,651 118,292
CREDITORS
Amounts falling due within one year 7 71,122 63,379
NET CURRENT ASSETS 26,529 54,913
TOTAL ASSETS LESS CURRENT
LIABILITIES

328,695

339,633

CREDITORS
Amounts falling due after more than one
year

8

(159,651

)

(172,430

)

PROVISIONS FOR LIABILITIES 10 (28,292 ) (19,576 )
NET ASSETS 140,752 147,627

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 140,652 147,527
SHAREHOLDERS' FUNDS 140,752 147,627

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

C R CAREY LIMITED (REGISTERED NUMBER: 09677621)

BALANCE SHEET - continued
31 MARCH 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 24 March 2025 and were signed by:





Dr C Fairweather - Director


C R CAREY LIMITED (REGISTERED NUMBER: 09677621)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

C R Carey Limited 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 2% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Financial instruments
Debtors and cash at bank: Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand includes cash on deposit or in a current account.

Creditors and provisions: Creditors and provisions are recognised where there is a present obligation resulting from a past event that will probably result in the transfer of economic benefits to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

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.


C R CAREY LIMITED (REGISTERED NUMBER: 09677621)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences at the balance sheet date, except as otherwise required in the paragraphs below.

Unrelieved 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 shall not be recognised on permanent differences, other than a business combination where assets (other than goodwill) give rise to an deferred tax asset or liability.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 310,000
AMORTISATION
At 1 April 2023 108,500
Charge for year 15,500
At 31 March 2024 124,000
NET BOOK VALUE
At 31 March 2024 186,000
At 31 March 2023 201,500

C R CAREY LIMITED (REGISTERED NUMBER: 09677621)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 69,475 92,680 21,511 5,360 189,026
Additions 29,222 21,633 - - 50,855
At 31 March 2024 98,697 114,313 21,511 5,360 239,881
DEPRECIATION
At 1 April 2023 9,658 71,376 19,489 5,283 105,806
Charge for year 1,974 14,862 998 75 17,909
At 31 March 2024 11,632 86,238 20,487 5,358 123,715
NET BOOK VALUE
At 31 March 2024 87,065 28,075 1,024 2 116,166
At 31 March 2023 59,817 21,304 2,022 77 83,220

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 April 2023
and 31 March 2024 32,089
DEPRECIATION
At 1 April 2023
and 31 March 2024 32,089
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 39,897 37,803
Other debtors 33,147 40,856
73,044 78,659

C R CAREY LIMITED (REGISTERED NUMBER: 09677621)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 23,961 23,392
Hire purchase contracts 7,499 4,692
Trade creditors 6,389 6,717
Taxation and social security 29,477 24,932
Other creditors 3,796 3,646
71,122 63,379

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 137,130 161,091
Hire purchase contracts 22,521 11,339
159,651 172,430

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 62,297 80,247

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 161,091 184,483

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 28,292 19,576

Deferred
tax
£   
Balance at 1 April 2023 19,576
Accelerated capital allowances 8,716
Balance at 31 March 2024 28,292

C R CAREY LIMITED (REGISTERED NUMBER: 09677621)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
80 Ordinary A £1 80 80
20 Ordinary B £1 20 20
100 100

12. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Dr C Fairweather
Balance outstanding at start of year 39,181 12,047
Amounts advanced 231,876 237,989
Amounts repaid (240,084 ) (210,855 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 30,973 39,181

13. ULTIMATE CONTROLLING PARTY

The controlling party is Dr C Fairweather.