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REGISTERED NUMBER: 05470229 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2025

for

CARTERS (FURNISHINGS) LIMITED

CARTERS (FURNISHINGS) LIMITED (REGISTERED NUMBER: 05470229)

Contents of the Financial Statements
for the year ended 31 January 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CARTERS (FURNISHINGS) LIMITED

Company Information
for the year ended 31 January 2025







Director: J M Randle





Registered office: 1141A Axis Centre
Cleeve Road
Leatherhead
Surrey
KT22 7RD





Registered number: 05470229 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

CARTERS (FURNISHINGS) LIMITED (REGISTERED NUMBER: 05470229)

Balance Sheet
31 January 2025

2025 2024
Notes £ £ £ £
Fixed assets
Investments 4 1,873,490 1,873,490

Current assets
Cash at bank 1 1

Creditors
Amounts falling due within one year 5 1,238,196 1,383,191
Net current liabilities (1,238,195 ) (1,383,190 )
Total assets less current liabilities 635,295 490,300

Capital and reserves
Called up share capital 6 1,000 1,000
Retained earnings 634,295 489,300
Shareholders' funds 635,295 490,300

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

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

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

The financial statements were approved by the director and authorised for issue on 10 July 2025 and were signed by:





J M Randle - Director


CARTERS (FURNISHINGS) LIMITED (REGISTERED NUMBER: 05470229)

Notes to the Financial Statements
for the year ended 31 January 2025


1. Statutory information

Carters (Furnishings) 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.

The directors have considered the impact of and response to the Covid19 pandemic, including the company's available resources and ability to adjust the company's operations as required. The company will be able to continue to operate for the foreseeable future.

Based on these assessments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts. The financial statements do not include any adjustments to the value of the balance sheet which would result should the going concern basis not be valid.

Preparation of consolidated financial statements
The financial statements contain information about Carters (Furnishings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Key source of estimation, uncertainty and judgement
The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below.

(i) Impairment of debtors
The company makes an estimate of the recoverable value of debtors. When assessing impairment of debtors, management considers multiple factors regarding their recoverability.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

CARTERS (FURNISHINGS) LIMITED (REGISTERED NUMBER: 05470229)

Notes to the Financial Statements - continued
for the year ended 31 January 2025


3. Employees and directors

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

4. Fixed asset investments
Other
investments
£
Cost
At 1 February 2024
and 31 January 2025 1,873,490
Net book value
At 31 January 2025 1,873,490
At 31 January 2024 1,873,490

5. Creditors: amounts falling due within one year
2025 2024
£ £
Amounts owed to group undertakings 1,185,694 1,309,046
Taxation and social security 49,588 71,370
Other creditors 2,914 2,775
1,238,196 1,383,191

6. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
1,000 Ordinary £1 1,000 1,000

7. Related party disclosures

The company has taken advantage of exemptions within Financial Reporting Standard 102 (Section 1A) in respect of transactions with wholly owned group undertakings.

8. Ultimate controlling party

At the reporting date, Jail Holdings Ltd was the ultimate controlling party.