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REGISTERED NUMBER: 05723797 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CARL BUNGAY LIMITED

CARL BUNGAY LIMITED (REGISTERED NUMBER: 05723797)

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


CARL BUNGAY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: C J Bungay
Mrs P Bungay





SECRETARY: Mrs P Bungay





REGISTERED OFFICE: Horton Farm Cottage
Bradworthy
Holsworthy
Devon
EX22 7RB





REGISTERED NUMBER: 05723797 (England and Wales)





ACCOUNTANTS: Cassidys Chartered Accountants
South Stour Offices
South Stour Road
Mersham
Ashford
Kent
TN25 7HS

CARL BUNGAY LIMITED (REGISTERED NUMBER: 05723797)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 96,538 95,872
96,538 95,872

CURRENT ASSETS
Stocks 61,900 84,412
Debtors 6 13,656 11,520
Cash at bank 15,598 10,881
91,154 106,813
CREDITORS
Amounts falling due within one year 7 45,183 44,716
NET CURRENT ASSETS 45,971 62,097
TOTAL ASSETS LESS CURRENT
LIABILITIES

142,509

157,969

CREDITORS
Amounts falling due after more than one year 8 (1,836 ) (7,254 )

PROVISIONS FOR LIABILITIES 9 (4,640 ) (4,513 )
NET ASSETS 136,033 146,202

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 18,259 18,259
Retained earnings 117,674 127,843
SHAREHOLDERS' FUNDS 136,033 146,202

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

CARL BUNGAY LIMITED (REGISTERED NUMBER: 05723797)

BALANCE SHEET - continued
31 MARCH 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by:





C J Bungay - Director


CARL BUNGAY LIMITED (REGISTERED NUMBER: 05723797)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Carl Bungay 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 2007, is being amortised evenly over its estimated useful life of ten 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.


CARL BUNGAY LIMITED (REGISTERED NUMBER: 05723797)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 14,000
AMORTISATION
At 1 April 2024
and 31 March 2025 14,000
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

CARL BUNGAY LIMITED (REGISTERED NUMBER: 05723797)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 April 2024 6,736 65,382 28,450
Additions - - 4,792
At 31 March 2025 6,736 65,382 33,242
DEPRECIATION
At 1 April 2024 - - 27,230
Charge for year - - 1,506
At 31 March 2025 - - 28,736
NET BOOK VALUE
At 31 March 2025 6,736 65,382 4,506
At 31 March 2024 6,736 65,382 1,220

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024 27,786 45,468 2,454 176,276
Additions 1,558 - - 6,350
At 31 March 2025 29,344 45,468 2,454 182,626
DEPRECIATION
At 1 April 2024 16,342 34,518 2,314 80,404
Charge for year 1,300 2,738 140 5,684
At 31 March 2025 17,642 37,256 2,454 86,088
NET BOOK VALUE
At 31 March 2025 11,702 8,212 - 96,538
At 31 March 2024 11,444 10,950 140 95,872

CARL BUNGAY LIMITED (REGISTERED NUMBER: 05723797)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 12,739 10,222
Other debtors 917 1,298
13,656 11,520

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 5,418 5,284
Trade creditors 11,918 4,179
Taxation and social security 23,588 29,056
Other creditors 4,259 6,197
45,183 44,716

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 1,836 7,254

9. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 4,640 4,513

Deferred
tax
£   
Balance at 1 April 2024 4,513
Provided during year 127
Balance at 31 March 2025 4,640

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £29,600 (2024 - £28,160) were paid to the directors .

Mr C Bungay - Director and Shareholder

At the balance sheet date Carl Bungay Ltd owed Mr Bungay £84 (2024 - £77).

CARL BUNGAY LIMITED (REGISTERED NUMBER: 05723797)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C J Bungay.