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REGISTERED NUMBER: 06830215 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

Carroll & Wright Limited

Carroll & Wright Limited (Registered number: 06830215)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Income Statement 2

Balance Sheet 3

Notes to the Financial Statements 4


Carroll & Wright Limited

Company Information
for the Year Ended 28 February 2025







DIRECTOR: N J Wright





SECRETARY: Ms J Carroll





REGISTERED OFFICE: 102 New Cavendish Street
London
W1W 6XW





REGISTERED NUMBER: 06830215 (England and Wales)





ACCOUNTANTS: P D & Co (2003) Limited T/A Parbery Davies & Co
Three Counties House
18a Victoria Street
Dunstable
Bedfordshire
LU6 3BA

Carroll & Wright Limited (Registered number: 06830215)

Income Statement
for the Year Ended 28 February 2025

28.2.25 29.2.24
Notes £    £   

TURNOVER 769,768 778,993

Cost of sales 342,850 347,991
GROSS PROFIT 426,918 431,002

Administrative expenses 378,799 367,101
48,119 63,901

Other operating income 25,500 27,154
OPERATING PROFIT 4 73,619 91,055

Interest receivable and similar income 1,268 1,642
PROFIT BEFORE TAXATION 74,887 92,697

Tax on profit 5 16,007 20,714
PROFIT FOR THE FINANCIAL YEAR 58,880 71,983

Carroll & Wright Limited (Registered number: 06830215)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 7 1 1
Tangible assets 8 8,583 8,545
8,584 8,546

CURRENT ASSETS
Stocks 18,407 16,219
Debtors 9 17,770 14,420
Cash at bank and in hand 123,362 125,347
159,539 155,986
CREDITORS
Amounts falling due within one year 10 38,878 45,767
NET CURRENT ASSETS 120,661 110,219
TOTAL ASSETS LESS CURRENT
LIABILITIES

129,245

118,765

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 129,145 118,665
SHAREHOLDERS' FUNDS 129,245 118,765

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 29 March 2025 and were signed by:





N J Wright - Director


Carroll & Wright Limited (Registered number: 06830215)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Carroll & Wright 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of nil 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.
Land and buildings - in accordance with the property
Plant and machinery etc - 50% on reducing balance and 25% 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.

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.

Carroll & Wright Limited (Registered number: 06830215)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

4. OPERATING PROFIT

The operating profit is stated after charging:

28.2.25 29.2.24
£    £   
Depreciation - owned assets 1,856 1,801

5. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
28.2.25 29.2.24
£    £   
Current tax:
UK corporation tax 16,007 20,714
Tax on profit 16,007 20,714

6. DIVIDENDS
28.2.25 29.2.24
£    £   
Ordinary shares of 1.00 each
Interim 48,400 35,200

7. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2024
and 28 February 2025 1
NET BOOK VALUE
At 28 February 2025 1
At 29 February 2024 1

Carroll & Wright Limited (Registered number: 06830215)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

8. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2024 8,001 111,068 119,069
Additions - 1,894 1,894
At 28 February 2025 8,001 112,962 120,963
DEPRECIATION
At 1 March 2024 3,840 106,684 110,524
Charge for year 256 1,600 1,856
At 28 February 2025 4,096 108,284 112,380
NET BOOK VALUE
At 28 February 2025 3,905 4,678 8,583
At 29 February 2024 4,161 4,384 8,545

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Other debtors 17,770 14,420

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade creditors 6,028 6,255
Taxation and social security 26,902 33,055
Other creditors 5,948 6,457
38,878 45,767