Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-312024-01-01falseNo description of principal activity33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09898014 2024-01-01 2024-12-31 09898014 2023-01-01 2023-12-31 09898014 2024-12-31 09898014 2023-12-31 09898014 2023-01-01 09898014 c:Director1 2024-01-01 2024-12-31 09898014 d:Buildings 2024-12-31 09898014 d:Buildings 2023-12-31 09898014 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09898014 d:PlantMachinery 2024-01-01 2024-12-31 09898014 d:PlantMachinery 2024-12-31 09898014 d:PlantMachinery 2023-12-31 09898014 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09898014 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09898014 d:CurrentFinancialInstruments 2024-12-31 09898014 d:CurrentFinancialInstruments 2023-12-31 09898014 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 09898014 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09898014 d:ShareCapital 2024-12-31 09898014 d:ShareCapital 2023-12-31 09898014 d:ShareCapital 2023-01-01 09898014 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 09898014 d:RetainedEarningsAccumulatedLosses 2024-12-31 09898014 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 09898014 d:RetainedEarningsAccumulatedLosses 2023-12-31 09898014 d:RetainedEarningsAccumulatedLosses 2023-01-01 09898014 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 09898014 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 09898014 d:TaxLossesCarry-forwardsDeferredTax 2024-12-31 09898014 d:TaxLossesCarry-forwardsDeferredTax 2023-12-31 09898014 c:OrdinaryShareClass1 2024-01-01 2024-12-31 09898014 c:OrdinaryShareClass1 2024-12-31 09898014 c:OrdinaryShareClass1 2023-12-31 09898014 c:OrdinaryShareClass2 2024-01-01 2024-12-31 09898014 c:OrdinaryShareClass2 2024-12-31 09898014 c:OrdinaryShareClass2 2023-12-31 09898014 c:FRS102 2024-01-01 2024-12-31 09898014 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09898014 c:FullAccounts 2024-01-01 2024-12-31 09898014 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09898014 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered Number:09898014













CARIER RESIDENTIAL LIMITED




UNAUDITED

FINANCIAL STATEMENTS
 
PAGES FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024











 
CARIER RESIDENTIAL LIMITED
REGISTERED NUMBER:09898014


BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,317,365
1,321,207

  
1,317,365
1,321,207

Current assets
  

Debtors: amounts falling due within one year
 5 
145,180
125,157

Cash at bank and in hand
  
51,585
42,767

  
196,765
167,924

Creditors: amounts falling due within one year
 6 
(15,719)
(18,012)

Net current assets
  
 
 
181,046
 
 
149,912

Total assets less current liabilities
  
1,498,411
1,471,119

Provisions for liabilities
  

Deferred tax
 7 
(113,767)
(114,728)

  
 
 
(113,767)
 
 
(114,728)

Net assets
  
1,384,644
1,356,391


Capital and reserves
  

Called up share capital 
 8 
955,100
955,100

Profit and loss account
  
429,544
401,291

  
1,384,644
1,356,391



- 1 -



 
CARIER RESIDENTIAL LIMITED
REGISTERED NUMBER:09898014

    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 March 2025.




Mr P E Benfield
Director

The notes on pages 4 to 8 form part of these financial statements.


- 2 -



 
CARIER RESIDENTIAL LIMITED
 


STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 January 2023
955,100
391,438
1,346,538


Comprehensive income for the year

Profit for the year
-
9,853
9,853



At 1 January 2024
955,100
401,291
1,356,391


Comprehensive income for the year

Profit for the year
-
28,253
28,253


At 31 December 2024
955,100
429,544
1,384,644


The notes on pages 4 to 8 form part of these financial statements.


- 3 -



 
CARIER RESIDENTIAL LIMITED
 

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

1.


General information

Carier Residential Limited (the "Company") is a company limited by shares incorporated in the United Kingdom and registered in England and Wales. The Company's registration number is 09898014. The address of the registered office is 820 The Crescent, Colchester Business Park, Colchester, Essex, CO4 9YQ. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in pounds sterling and rounded to the nearest £1.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is in respect of rental income and is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


- 4 -



 
CARIER RESIDENTIAL LIMITED
 

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

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


- 5 -



 
CARIER RESIDENTIAL LIMITED
 

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

4.


Tangible fixed assets





Investment property
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 January 2024
1,310,000
15,370
1,325,370



At 31 December 2024

1,310,000
15,370
1,325,370



Depreciation


At 1 January 2024
-
4,163
4,163


Charge for the year on owned assets
-
3,842
3,842



At 31 December 2024

-
8,005
8,005



Net book value



At 31 December 2024
1,310,000
7,365
1,317,365



At 31 December 2023
1,310,000
11,207
1,321,207


- 6 -



 
CARIER RESIDENTIAL LIMITED
 

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

5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
145,000
125,000

Prepayments and accrued income
180
157

145,180
125,157



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
7,800

Amounts owed to group undertakings
720
720

Corporation tax
8,803
4,162

Accruals and deferred income
6,196
5,330

15,719
18,012



7.


Deferred taxation




2024


£






At beginning of year
(114,728)


Movement in the year
961



At end of year
(113,767)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Investment properties fair value movement
(114,728)
(115,689)

Other fixed asset timing differences
961
961

(113,767)
(114,728)


- 7 -



 
CARIER RESIDENTIAL LIMITED
 

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

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £100.00
100
100
1 (2023 - 1) Ordinary share of £955,000.00
955,000
955,000

955,100

955,100



9.


Related party transactions

The Company has taken advantage of the exemption produced in FRS 102 Section 1A, from disclosing
transactions with members of the same group that are fully owned.


10.


Controlling party

The ultimate parent company is Carier EGB Limited.

 

- 8 -