1 April 2024 v2025.51.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP069729382024-04-012025-03-31069729382025-03-31069729382024-03-3106972938core:WithinOneYear2025-03-3106972938core:WithinOneYear2024-03-3106972938core:AfterOneYear2025-03-3106972938core:AfterOneYear2024-03-3106972938core:ShareCapital2025-03-3106972938core:ShareCapital2024-03-3106972938core:RetainedEarningsAccumulatedLosses2025-03-3106972938core:RetainedEarningsAccumulatedLosses2024-03-3106972938bus:Director12024-04-012025-03-3106972938bus:Director22024-04-012025-03-3106972938bus:RegisteredOffice2024-04-012025-03-3106972938core:FurnitureFittings2024-04-012025-03-31069729382023-04-012024-03-3106972938core:PlantMachinery2024-04-0106972938core:PlantMachinery2024-04-012025-03-3106972938core:PlantMachinery2025-03-3106972938core:PlantMachinery2024-03-310697293812024-04-012025-03-3106972938countries:EnglandWales2024-04-012025-03-3106972938bus:AuditExemptWithAccountantsReport2024-04-012025-03-3106972938bus:PrivateLimitedCompanyLtd2024-04-012025-03-3106972938bus:SmallEntities2024-04-012025-03-3106972938bus:FullAccounts2024-04-012025-03-3106972938bus:Director32024-04-012025-03-31
Company registration number:
06972938
Cartledge Timber Frame Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2025
Cartledge Timber Frame Limited
Statement of Financial Position
31 March 2025
20252024
Note££
Fixed assets    
Tangible assets 5
3,634
 
2,186
 
Current assets    
Debtors 6
67,355
 
14,193
 
Cash at bank and in hand
58,778
 
80,178
 
126,133
 
94,371
 
Creditors: amounts falling due within one year 7
(91,997
)
(49,030
)
Net current assets
34,136
 
45,341
 
Total assets less current liabilities 37,770   47,527  
Creditors: amounts falling due after more than one year 8
(2,500
)
(12,500
)
Provisions for liabilities
(843
)
(464
)
Net assets
34,427
 
34,563
 
Capital and reserves    
Called up share capital
115
 
115
 
Profit and loss account
34,312
 
34,448
 
Shareholders funds
34,427
 
34,563
 
For the year ending
31 March 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
30 July 2025
, and are signed on behalf of the board by:
I Garbutt
R Greetham
DirectorDirector
Company registration number:
06972938
Cartledge Timber Frame Limited
Notes to the Financial Statements
Year ended
31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Fairfield Enterprise Centre Lincoln Way
,
Fairfield Industrial Estate
,
Louth
,
Lincolnshire
,
LN11 0LS
.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods and services supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
25% reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

4 Average number of employees

The average number of persons employed by the company during the year was
3
(2024:
3.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2024
10,595
 
Additions
2,000
 
At
31 March 2025
12,595
 
Depreciation  
At
1 April 2024
8,409
 
Charge
552
 
At
31 March 2025
8,961
 
Carrying amount  
At
31 March 2025
3,634
 
At 31 March 2024
2,186
 

6 Debtors

20252024
££
Trade debtors
33,265
  -  
Other debtors
34,090
 
14,193
 
67,355
 
14,193
 

7 Creditors: amounts falling due within one year

20252024
££
Bank loans and overdrafts
10,000
 
10,000
 
Trade creditors
51,644
 
13,759
 
Taxation and social security
26,278
 
15,095
 
Other creditors
4,075
 
10,176
 
91,997
 
49,030
 

8 Creditors: amounts falling due after more than one year

20252024
££
Bank loans and overdrafts
2,500
 
12,500