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REGISTERED NUMBER: 02507015 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

CARR REINFORCEMENTS LIMITED

CARR REINFORCEMENTS LIMITED (REGISTERED NUMBER: 02507015)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CARR REINFORCEMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTORS: N Ridge
E Taylor





SECRETARY: Mrs P Ridge





REGISTERED OFFICE: Worsthorne Mill
Gordon Street
Worsthorne
Burnley
Lancashire
BB10 3NA





REGISTERED NUMBER: 02507015 (England and Wales)





ACCOUNTANTS: Ainsworths Limited
Chartered Accountants
Charter House
Stansfield Street
Nelson
Lancashire
BB9 9XY

CARR REINFORCEMENTS LIMITED (REGISTERED NUMBER: 02507015)

BALANCE SHEET
30TH SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 91,505 98,959

CURRENT ASSETS
Stocks 435,145 504,369
Debtors 5 293,202 335,306
Cash at bank and in hand 308,377 9,210
1,036,724 848,885
CREDITORS
Amounts falling due within one year 6 657,651 608,981
NET CURRENT ASSETS 379,073 239,904
TOTAL ASSETS LESS CURRENT
LIABILITIES

470,578

338,863

CREDITORS
Amounts falling due after more than one
year

7

(6,667

)

(16,667

)

PROVISIONS FOR LIABILITIES (21,497 ) (23,229 )
NET ASSETS 442,414 298,967

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 442,404 298,957
SHAREHOLDERS' FUNDS 442,414 298,967

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

CARR REINFORCEMENTS LIMITED (REGISTERED NUMBER: 02507015)

BALANCE SHEET - continued
30TH SEPTEMBER 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 Board of Directors and authorised for issue on 6th February 2025 and were signed on its behalf by:





E Taylor - Director


CARR REINFORCEMENTS LIMITED (REGISTERED NUMBER: 02507015)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


1. STATUTORY INFORMATION

Carr Reinforcements 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 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
Turnover 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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

CARR REINFORCEMENTS LIMITED (REGISTERED NUMBER: 02507015)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. The amount charged to profit and loss account in respect of pension costs is the contributions payable in the year. Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the balance sheet.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st October 2023 436,696 1,316 438,012
Additions 7,237 1,285 8,522
At 30th September 2024 443,933 2,601 446,534
DEPRECIATION
At 1st October 2023 338,291 762 339,053
Charge for year 15,732 244 15,976
At 30th September 2024 354,023 1,006 355,029
NET BOOK VALUE
At 30th September 2024 89,910 1,595 91,505
At 30th September 2023 98,405 554 98,959

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 263,861 327,861
Other debtors 29,341 7,445
293,202 335,306

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 10,000 12,570
Trade creditors 242,386 167,210
Taxation and social security 74,536 99,012
Other creditors 330,729 330,189
657,651 608,981

CARR REINFORCEMENTS LIMITED (REGISTERED NUMBER: 02507015)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 6,667 16,667

8. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Bank overdraft - 2,570

Bank overdrafts are secured by a fixed and floating charge over all assets of the company.