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REGISTERED NUMBER: 03782883 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Cartwrights Waste Disposal Services
Limited

Cartwrights Waste Disposal Services
Limited (Registered number: 03782883)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cartwrights Waste Disposal Services
Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: J L Cartwright
Mrs P Cartwright





REGISTERED OFFICE: Military House
24 Castle Street
Chester
Cheshire
CH1 2DS





REGISTERED NUMBER: 03782883 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Cartwrights Waste Disposal Services
Limited (Registered number: 03782883)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 8,906,799 8,213,455

CURRENT ASSETS
Debtors 5 1,980,963 1,583,070
Cash at bank and in hand 393,857 465,979
2,374,820 2,049,049
CREDITORS
Amounts falling due within one year 6 2,242,900 2,250,243
NET CURRENT ASSETS/(LIABILITIES) 131,920 (201,194 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,038,719

8,012,261

CREDITORS
Amounts falling due after more than one year 7 (3,601,229 ) (2,893,475 )

PROVISIONS FOR LIABILITIES (933,698 ) (627,899 )
NET ASSETS 4,503,792 4,490,887

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 4,502,792 4,489,887
SHAREHOLDERS' FUNDS 4,503,792 4,490,887

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Cartwrights Waste Disposal Services
Limited (Registered number: 03782883)

Balance Sheet - continued
31 July 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2025 and were signed on its behalf by:





J L Cartwright - Director


Cartwrights Waste Disposal Services
Limited (Registered number: 03782883)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Cartwrights Waste Disposal Services 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

Turnover
Turnover represents net invoiced value of services provided and goods supplied, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - 5% on reducing balance
Plant and machinery etc - 20% on reducing balance and 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Cartwrights Waste Disposal Services
Limited (Registered number: 03782883)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 60 (2023 - 52 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2023 5,025,646 8,330,712 13,356,358
Additions - 1,715,949 1,715,949
Disposals - (25,000 ) (25,000 )
At 31 July 2024 5,025,646 10,021,661 15,047,307
DEPRECIATION
At 1 August 2023 695,009 4,447,894 5,142,903
Charge for year 216,532 798,540 1,015,072
Eliminated on disposal - (17,467 ) (17,467 )
At 31 July 2024 911,541 5,228,967 6,140,508
NET BOOK VALUE
At 31 July 2024 4,114,105 4,792,694 8,906,799
At 31 July 2023 4,330,637 3,882,818 8,213,455

Cartwrights Waste Disposal Services
Limited (Registered number: 03782883)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 August 2023 3,099,801
Additions 1,324,398
At 31 July 2024 4,424,199
DEPRECIATION
At 1 August 2023 1,037,109
Charge for year 466,917
At 31 July 2024 1,504,026
NET BOOK VALUE
At 31 July 2024 2,920,173
At 31 July 2023 2,062,692

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 1,164,841 1,062,214
Other debtors 816,122 520,856
1,980,963 1,583,070

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 150,500 152,235
Hire purchase contracts 609,769 699,112
Trade creditors 474,755 443,502
Taxation and social security 146,072 142,082
Other creditors 861,804 813,312
2,242,900 2,250,243

Cartwrights Waste Disposal Services
Limited (Registered number: 03782883)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 1,655,381 1,686,762
Hire purchase contracts 1,945,848 1,206,713
3,601,229 2,893,475

Amounts falling due in more than five years:

Repayable by instalments
Mortgage 1,053,381 1,084,762

8. SECURED DEBTS

The following secured debts are included within creditors:

31.7.24 31.7.23
£    £   
Bank loans 1,805,881 1,837,262
Hire purchase contracts 2,555,617 1,905,825
4,361,498 3,743,087

The bank loan is secured over freehold property owned by the company.