Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30222023-10-01falseNo description of principal activityfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12907426 2023-10-01 2024-09-30 12907426 2022-10-01 2023-09-30 12907426 2024-09-30 12907426 2023-09-30 12907426 c:Director1 2023-10-01 2024-09-30 12907426 c:Director2 2023-10-01 2024-09-30 12907426 d:MotorVehicles 2023-10-01 2024-09-30 12907426 d:MotorVehicles 2024-09-30 12907426 d:MotorVehicles 2023-09-30 12907426 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 12907426 d:OfficeEquipment 2023-10-01 2024-09-30 12907426 d:OfficeEquipment 2024-09-30 12907426 d:OfficeEquipment 2023-09-30 12907426 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 12907426 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 12907426 d:CurrentFinancialInstruments 2024-09-30 12907426 d:CurrentFinancialInstruments 2023-09-30 12907426 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 12907426 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 12907426 d:ShareCapital 2024-09-30 12907426 d:ShareCapital 2023-09-30 12907426 d:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 12907426 d:RetainedEarningsAccumulatedLosses 2024-09-30 12907426 d:RetainedEarningsAccumulatedLosses 2023-09-30 12907426 c:OrdinaryShareClass1 2023-10-01 2024-09-30 12907426 c:OrdinaryShareClass1 2024-09-30 12907426 c:OrdinaryShareClass1 2023-09-30 12907426 c:FRS102 2023-10-01 2024-09-30 12907426 c:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 12907426 c:FullAccounts 2023-10-01 2024-09-30 12907426 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12907426










CARBON HOCKEY LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
CARBON HOCKEY LTD
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CARBON HOCKEY LTD
FOR THE YEAR ENDED 30 SEPTEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Carbon Hockey Ltd for the year ended 30 September 2024 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Carbon Hockey Ltd, as a body, in accordance with the terms of our engagement letter dated 22 February 2023Our work has been undertaken solely to prepare for your approval the financial statements of Carbon Hockey Ltd  and state those matters that we have agreed to state to the Board of directors of Carbon Hockey Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Carbon Hockey Ltd and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Carbon Hockey Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Carbon Hockey Ltd. You consider that Carbon Hockey Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Carbon Hockey Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  

BAGINSKY COHEN
CHARTERED ACCOUNTANTS
930 HIGH ROAD
LONDON
N12 9RT
24 March 2025
Page 1

 
CARBON HOCKEY LTD
REGISTERED NUMBER: 12907426

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

FIXED ASSETS
  

Tangible assets
 3 
3,268
4,857

  
3,268
4,857

CURRENT ASSETS
  

Stocks
  
23,923
40,943

Cash at bank and in hand
 4 
9,037
22,978

  
32,960
63,921

Creditors: amounts falling due within one year
 5 
(14,610)
(39,819)

NET CURRENT ASSETS
  
 
 
18,350
 
 
24,102

TOTAL ASSETS LESS CURRENT LIABILITIES
  
21,618
28,959

  

NET ASSETS
  
21,618
28,959


CAPITAL AND RESERVES
  

Called up share capital 
 6 
100
100

Profit and loss account
 7 
21,518
28,859

  
21,618
28,959


Page 2

 
CARBON HOCKEY LTD
REGISTERED NUMBER: 12907426

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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 statement of comprehensive income 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 24 March 2025.




G. MCCORMICK
A. PINEDA VASCONCELOS
Director
Director

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

Page 3

 
CARBON HOCKEY LTD
 

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

1.ACCOUNTING POLICIES

 
1.1

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
1.2

REVENUE

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
1.4

BORROWING COSTS

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 4

 
CARBON HOCKEY LTD
 

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

1.ACCOUNTING POLICIES (CONTINUED)

 
1.5

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.

 
1.6

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%
Office equipment
-
25%

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.

 
1.7

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a SELECT OR ENTER METHOD basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
1.8

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.9

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
CARBON HOCKEY LTD
 

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

1.ACCOUNTING POLICIES (CONTINUED)

 
1.10

FINANCIAL INSTRUMENTS

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
1.11

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.


2.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 6

 
CARBON HOCKEY LTD
 

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

3.


TANGIBLE FIXED ASSETS





Motor vehicles
Office equipment
Total

£
£
£



COST OR VALUATION


At 1 October 2023
5,995
752
6,747


Additions
-
131
131



At 30 September 2024

5,995
883
6,878



DEPRECIATION


At 1 October 2023
1,499
391
1,890


Charge for the year on owned assets
1,499
221
1,720



At 30 September 2024

2,998
612
3,610



NET BOOK VALUE



At 30 September 2024
2,997
271
3,268



At 30 September 2023
4,496
361
4,857


4.


CASH AND CASH EQUIVALENTS

2024
2023
£
£

Cash at bank and in hand
9,037
22,978



5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Other loans
5,608
-

Corporation tax
-
4,859

Other taxation and social security
2,926
2,825

Other creditors
2,576
28,135

Accruals and deferred income
3,500
4,000

14,610
39,819



6.


SHARE CAPITAL

Page 7

 
CARBON HOCKEY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



7.


RESERVES

Profit and loss account

This includes all current and prior period retained profits and losses.


Page 8