IRIS Accounts Production v25.1.3.33 07066008 Board of Directors Board of Directors 1.2.24 31.1.25 31.1.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070660082024-01-31070660082025-01-31070660082024-02-012025-01-31070660082023-01-31070660082023-02-012024-01-31070660082024-01-3107066008ns15:EnglandWales2024-02-012025-01-3107066008ns14:PoundSterling2024-02-012025-01-3107066008ns10:Director12024-02-012025-01-3107066008ns10:Director22024-02-012025-01-3107066008ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3107066008ns10:SmallEntities2024-02-012025-01-3107066008ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3107066008ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3107066008ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3107066008ns10:FullAccounts2024-02-012025-01-3107066008ns10:CompanySecretary12024-02-012025-01-3107066008ns10:RegisteredOffice2024-02-012025-01-3107066008ns5:CurrentFinancialInstruments2025-01-3107066008ns5:CurrentFinancialInstruments2024-01-3107066008ns5:Non-currentFinancialInstruments2025-01-3107066008ns5:Non-currentFinancialInstruments2024-01-3107066008ns5:ShareCapital2025-01-3107066008ns5:ShareCapital2024-01-3107066008ns5:RetainedEarningsAccumulatedLosses2025-01-3107066008ns5:RetainedEarningsAccumulatedLosses2024-01-3107066008ns5:PlantMachinery2024-02-012025-01-3107066008ns5:MotorVehicles2024-02-012025-01-3107066008ns5:ComputerEquipment2024-02-012025-01-3107066008ns5:PlantMachinery2024-01-3107066008ns5:MotorVehicles2024-01-3107066008ns5:ComputerEquipment2024-01-3107066008ns5:PlantMachinery2025-01-3107066008ns5:MotorVehicles2025-01-3107066008ns5:ComputerEquipment2025-01-3107066008ns5:PlantMachinery2024-01-3107066008ns5:MotorVehicles2024-01-3107066008ns5:ComputerEquipment2024-01-3107066008ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2025-01-3107066008ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-01-31070660081ns10:Director12024-01-31070660081ns10:Director12023-01-31070660081ns10:Director12024-02-012025-01-31070660081ns10:Director12023-02-012024-01-31070660081ns10:Director12025-01-31070660081ns10:Director12024-01-3107066008ns10:Director222024-01-3107066008ns10:Director222023-01-3107066008ns10:Director222024-02-012025-01-3107066008ns10:Director222023-02-012024-01-3107066008ns10:Director222025-01-3107066008ns10:Director222024-01-31
REGISTERED NUMBER: 07066008 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

CAROUSEL RIDES LIMITED

CAROUSEL RIDES LIMITED (REGISTERED NUMBER: 07066008)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAROUSEL RIDES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 January 2025







DIRECTORS: L H Bishton
B E Graham





SECRETARY:





REGISTERED OFFICE: 21a Guildhall Drive
Station Road
Selston
Nottingham
NG16 6GJ





REGISTERED NUMBER: 07066008 (England and Wales)





ACCOUNTANTS: SPOWAGE,TRUMAN & BISHOP
40D Seven Oaks Crescent
Bramcote
NOTTINGHAM
Nottinghamshire
NG9 3FW

CAROUSEL RIDES LIMITED (REGISTERED NUMBER: 07066008)

BALANCE SHEET
31 January 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 263,840 255,545

CURRENT ASSETS
Debtors 5 116,040 116,040
Cash at bank and in hand 353,521 304,358
469,561 420,398
CREDITORS
Amounts falling due within one year 6 138,568 116,276
NET CURRENT ASSETS 330,993 304,122
TOTAL ASSETS LESS CURRENT
LIABILITIES

594,833

559,667

CREDITORS
Amounts falling due after more than one
year

7

15,500

25,001
NET ASSETS 579,333 534,666

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 579,231 534,564
SHAREHOLDERS' FUNDS 579,333 534,666

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 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.

CAROUSEL RIDES LIMITED (REGISTERED NUMBER: 07066008)

BALANCE SHEET - continued
31 January 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 25 March 2025 and were signed on its behalf by:




L H Bishton - Director



B E Graham - Director


CAROUSEL RIDES LIMITED (REGISTERED NUMBER: 07066008)

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

1. STATUTORY INFORMATION

Carousel Rides 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 - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 6 (2024 - 8 ) .

CAROUSEL RIDES LIMITED (REGISTERED NUMBER: 07066008)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2024 364,245 155,564 594 520,403
Additions 9,520 38,000 - 47,520
At 31 January 2025 373,765 193,564 594 567,923
DEPRECIATION
At 1 February 2024 160,968 103,296 594 264,858
Charge for year 20,863 18,362 - 39,225
At 31 January 2025 181,831 121,658 594 304,083
NET BOOK VALUE
At 31 January 2025 191,934 71,906 - 263,840
At 31 January 2024 203,277 52,268 - 255,545

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.25 31.1.24
£    £   
Other debtors 116,040 116,040

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade creditors 1 1
Taxation and social security 87,133 96,771
Other creditors 51,434 19,504
138,568 116,276

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.25 31.1.24
£    £   
Other creditors 15,500 25,001

CAROUSEL RIDES LIMITED (REGISTERED NUMBER: 07066008)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25 31.1.24
£    £   
L H Bishton
Balance outstanding at start of year (1,250 ) (3,691 )
Amounts advanced 17,070 2,441
Amounts repaid (17,500 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,680 ) (1,250 )

B E Graham
Balance outstanding at start of year (4,424 ) (4,424 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4,424 ) (4,424 )

9. ULTIMATE CONTROLLING PARTY

The controlling party is L H Bishton.