REGISTERED NUMBER: 06452581 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Carrier Community Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs I Mantzari

REGISTERED OFFICE:

12 Bronte Gardens

Whiteley

Fareham

PO15 7LF

REGISTERED NUMBER:

06452581 (England and Wales)

ACCOUNTANTS:

VC Accountancy Services Ltd

Chartered Certified Accountants

21 Hillersdon Avenue

Edgware

Middlesex

HA8 7SG

FIXED ASSETS

Intangible assets

4

189

284

Investments

5

16,991

16,991

17,180

17,275

CURRENT ASSETS

Debtors

6

483,785

125,887

Cash at bank

850,660

746,565

1,334,445

872,452

CREDITORS

Amounts falling due within one year

7

382,990

312,155

NET CURRENT ASSETS

951,455

560,297

TOTAL ASSETS LESS CURRENT LIABILITIES

968,635

577,572

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

968,632

577,569

SHAREHOLDERS' FUNDS

968,635

577,572

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 September 2025 and were signed by:

Mrs I Mantzari - Director

1.	STATUTORY INFORMATION

Carrier Community 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 January 2024

and 31 December 2024

946

AMORTISATION

At 1 January 2024

662

Amortisation for year

95

At 31 December 2024

757

NET BOOK VALUE

At 31 December 2024

189

At 31 December 2023

284

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

16,991

NET BOOK VALUE

At 31 December 2024

16,991

At 31 December 2023

16,991

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

174,018

99,258

Other debtors

309,767

26,629

483,785

125,887

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

7,320

3,966

Taxation and social security

130,354

38,469

Other creditors

245,316

269,720

382,990

312,155

8.	RELATED PARTY DISCLOSURES

Within other creditors is £2,713 (2023 - £2,713) being amount owed to a shareholder and former Director.

Within other creditors is £123,582 (2023 - £157,775) being amount owed to Entities with joint control significant influence.

Within other debtors is £267,951 (2023 - £17,830) being amount owed from an Entity owned by the Company.

Within unlisted investments is £16,991 (2023 - £16,991) being amounts invested in Carrier Community GmbH and Carrier Community FZCA.

9.	ULTIMATE CONTROLLING PARTY

The company's ultimate parent is RE Ventures GmbH, incorporated in Switzerland.