Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity2024-01-01truefalse33false 00670862 2024-01-01 2024-12-31 00670862 2023-01-01 2023-12-31 00670862 2024-12-31 00670862 2023-12-31 00670862 2023-01-01 00670862 c:Director1 2024-01-01 2024-12-31 00670862 d:Buildings d:LongLeaseholdAssets 2024-01-01 2024-12-31 00670862 d:Buildings d:LongLeaseholdAssets 2024-12-31 00670862 d:Buildings d:LongLeaseholdAssets 2023-12-31 00670862 d:MotorVehicles 2024-01-01 2024-12-31 00670862 d:MotorVehicles 2024-12-31 00670862 d:MotorVehicles 2023-12-31 00670862 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00670862 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00670862 d:CurrentFinancialInstruments 2024-12-31 00670862 d:CurrentFinancialInstruments 2023-12-31 00670862 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 00670862 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 00670862 d:ShareCapital 2024-12-31 00670862 d:ShareCapital 2023-12-31 00670862 d:ShareCapital 2023-01-01 00670862 d:CapitalRedemptionReserve 2024-12-31 00670862 d:CapitalRedemptionReserve 2023-12-31 00670862 d:CapitalRedemptionReserve 2023-01-01 00670862 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 00670862 d:RetainedEarningsAccumulatedLosses 2024-12-31 00670862 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 00670862 d:RetainedEarningsAccumulatedLosses 2023-12-31 00670862 d:RetainedEarningsAccumulatedLosses 2023-01-01 00670862 c:OrdinaryShareClass1 2024-01-01 2024-12-31 00670862 c:OrdinaryShareClass1 2024-12-31 00670862 c:OrdinaryShareClass1 2023-12-31 00670862 c:FRS102 2024-01-01 2024-12-31 00670862 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00670862 c:FullAccounts 2024-01-01 2024-12-31 00670862 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00670862 6 2024-01-01 2024-12-31 00670862 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered Number:00670862













CARIER (BRAINTREE) LIMITED




UNAUDITED

FINANCIAL STATEMENTS
 
PAGES FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024











 
CARIER (BRAINTREE) LIMITED
REGISTERED NUMBER:00670862


BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
872,365
1,075,152

Investments
 5 
955,100
955,100

  
1,827,465
2,030,252

Current assets
  

Debtors: amounts falling due within one year
 6 
7,582
5,403

Cash at bank and in hand
  
1,680,744
1,494,486

  
1,688,326
1,499,889

Creditors: amounts falling due within one year
 7 
(203,922)
(195,805)

Net current assets
  
 
 
1,484,404
 
 
1,304,084

Total assets less current liabilities
  
3,311,869
3,334,336

  

Net assets
  
3,311,869
3,334,336


Capital and reserves
  

Called up share capital 
 8 
39,900
39,900

Capital redemption reserve
  
6,849
6,849

Profit and loss account
  
3,265,120
3,287,587

  
3,311,869
3,334,336



- 1 -



 
CARIER (BRAINTREE) LIMITED
REGISTERED NUMBER:00670862

    
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 9 form part of these financial statements.


- 2 -



 
CARIER (BRAINTREE) LIMITED
 


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


Called up share capital
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£


At 1 January 2023
39,900
6,849
3,773,163
3,819,912


Comprehensive income for the year

Profit for the year
-
-
14,424
14,424


Contributions by and distributions to owners

Dividends
-
-
(500,000)
(500,000)



At 1 January 2024
39,900
6,849
3,287,587
3,334,336


Comprehensive income for the year

Loss for the year
-
-
(22,467)
(22,467)


At 31 December 2024
39,900
6,849
3,265,120
3,311,869


The notes on pages 4 to 9 form part of these financial statements.


- 3 -



 
CARIER (BRAINTREE) LIMITED
 

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

1.


General information

Carier (Braintree) 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 00670862. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors are satisfied that the Company has adequate resources to continue in operational existence for the foreseeable future, and for a period of at least 12 months from the date of approving these financial statements. The Directors are not aware of any material uncertainties with regard to going concern.

 
2.3

Turnover

Turnover comprises 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.

 
2.4

Employee benefits

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.


- 4 -



 
CARIER (BRAINTREE) LIMITED
 

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

2.Accounting policies (continued)

 
2.5

Taxation

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.


 
2.6

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:

Motor vehicles
-
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.

 
2.7

Investment properties

Investment properties are carried at fair value determined annually by either an external or a thorough internal valuation derived from a review of current market conditions and property market values for comparable real estate, adjusted as 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 the Profit and Loss Account.

 
2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.


- 5 -



 
CARIER (BRAINTREE) LIMITED
 

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

2.Accounting policies (continued)

 
2.9

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.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

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


- 6 -



 
CARIER (BRAINTREE) LIMITED
 

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

4.


Tangible fixed assets





Investment Property
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 January 2024
1,058,000
19,146
1,077,146


Disposals
(198,000)
-
(198,000)



At 31 December 2024

860,000
19,146
879,146



Depreciation


At 1 January 2024
-
1,994
1,994


Charge for the year
-
4,787
4,787



At 31 December 2024

-
6,781
6,781



Net book value



At 31 December 2024
860,000
12,365
872,365



At 31 December 2023
1,058,000
17,152
1,075,152


- 7 -



 
CARIER (BRAINTREE) LIMITED
 

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

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost


At 1 January 2024 and 31 December 2024
955,100





6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
4,732
2,732

Other debtors
-
1,517

Prepayments and accrued income
2,850
1,154

7,582
5,403



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
3,070
3,070

Amounts owed to group undertakings
145,000
125,000

Corporation tax
40,919
47,851

Other taxation and social security
8,988
7,428

Other creditors
1,511
7,546

Accruals and deferred income
4,434
4,910

203,922
195,805



- 8 -



 
CARIER (BRAINTREE) LIMITED
 

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

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



39,900 (2023 - 39,900) Ordinary shares shares of £1.00 each
39,900
39,900



9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension charge represents contributions payable by the Company to the fund and amounted to £6,239 (2023: £15,941).  Included within other creditors is £532 (2023: £511) of employer pension contributions to be paid.


10.


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.


11.


Controlling party

The ultimate parent company is Carier EGB Limited.

 

- 9 -