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REGISTERED NUMBER: 08963848 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Carters Electrical Limited

Carters Electrical Limited (Registered number: 08963848)






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


Carters Electrical Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: J Carter





REGISTERED OFFICE: 19 Warren Park Way
Enderby
Leicester
LE19 4SA





REGISTERED NUMBER: 08963848 (England and Wales)





ACCOUNTANTS: Carter & Co
19 Warren Park Way
Enderby
Leicester
LE19 4SA

Carters Electrical Limited (Registered number: 08963848)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,892 27,847

CURRENT ASSETS
Stocks 8,000 8,000
Debtors 5 81,349 65,682
Cash at bank 7,646 11,286
96,995 84,968
CREDITORS
Amounts falling due within one year 6 76,134 42,005
NET CURRENT ASSETS 20,861 42,963
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,753

70,810

CREDITORS
Amounts falling due after more than one
year

7

(43,346

)

(78,343

)

PROVISIONS FOR LIABILITIES (5,489 ) (5,291 )
NET ASSETS/(LIABILITIES) 918 (12,824 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 818 (12,924 )
SHAREHOLDERS' FUNDS 918 (12,824 )

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 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.

Carters Electrical Limited (Registered number: 08963848)

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 director and authorised for issue on 16 June 2025 and were signed by:





J Carter - Director


Carters Electrical Limited (Registered number: 08963848)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Carters Electrical 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.

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 etc - 25% on reducing balance, 25% on cost and 20% 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.

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 3 (2024 - 4 ) .

Carters Electrical Limited (Registered number: 08963848)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 47,206
Additions 7,861
At 31 March 2025 55,067
DEPRECIATION
At 1 April 2024 19,359
Charge for year 6,816
At 31 March 2025 26,175
NET BOOK VALUE
At 31 March 2025 28,892
At 31 March 2024 27,847

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 1,764 3,666
Other debtors 19,844 9,200
Directors' current accounts 58,798 51,371
Prepayments 943 1,445
81,349 65,682

.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 5,297 3,499
Trade creditors 8,278 5,437
Tax 18,597 644
Social security and other taxes 964 2,867
VAT 41,524 27,786
Other creditors 574 922
Accrued expenses 900 850
76,134 42,005

Carters Electrical Limited (Registered number: 08963848)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans - 2-5 years 9,167 20,471
Hire purchase contracts 9,179 7,872
Other creditors 25,000 50,000
43,346 78,343

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Ordinary £1.00 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
J Carter
Balance outstanding at start of year 51,371 27,003
Amounts advanced 31,398 36,912
Amounts repaid (23,971 ) (12,544 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 58,798 51,371

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £17,000 were paid to the director .