REGISTERED NUMBER: |
Financial Statements for the Year Ended 31 March 2025 |
for |
Carlington Ltd |
REGISTERED NUMBER: |
Financial Statements for the Year Ended 31 March 2025 |
for |
Carlington Ltd |
Carlington Ltd (Registered number: 04028723) |
Contents of the Financial Statements |
for the Year Ended 31 March 2025 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Carlington Ltd |
Company Information |
for the Year Ended 31 March 2025 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
Carlington Ltd (Registered number: 04028723) |
Balance Sheet |
31 March 2025 |
31.3.25 | 31.3.24 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Carlington Ltd (Registered number: 04028723) |
Balance Sheet - continued |
31 March 2025 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Carlington Ltd (Registered number: 04028723) |
Notes to the Financial Statements |
for the Year Ended 31 March 2025 |
1. | STATUTORY INFORMATION |
Carlington Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents rent received and services charges are recognised when the services have been delivered. |
Investment property |
Investment Property are those which are held either to earn rental income or for capital appreciation or both. |
Investment Property are revalued from time to time. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Carlington Ltd (Registered number: 04028723) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2025 |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 April 2024 |
and 31 March 2025 |
NET BOOK VALUE |
At 31 March 2025 |
At 31 March 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.25 | 31.3.24 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.25 | 31.3.24 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the year ended 31 March 2025 and the period ended 31 March 2024: |
31.3.25 | 31.3.24 |
£ | £ |
Balance outstanding at start of year | ( |
) | ( |
) |
Amounts advanced | ( |
) |
Amounts repaid |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year | ( |
) | ( |
) |
David Lane is a director/shareholder of the company and loan finance provided to the company brought forward amounted to £22,615 from the prior year. Further loans amounting to £768 were provided to the company during the year amounted to £768, making the balance as at 31 March 2025 £23,383. |
Carlington Ltd (Registered number: 04028723) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2025 |
8. | RELATED PARTY DISCLOSURES |
David Lane is a director/shareholder of both the company and Carlington Associates Ltd which provided loan finance to the company brought forward amounting to £52,000, which was repaid during the year. |
Lynn Lane is the wife of the company director and she provided loan finance to the company amounting to £30,394. The company repaid £18,750 leaving the balance as at 31March 2025 at £11,644. |
9. | ULTIMATE CONTROLLING PARTY |
The controlling party is D Lane. |