REGISTERED NUMBER: 10054536 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

CARTER REVIVALS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs R C H Charles

REGISTERED OFFICE:

100 Church Street

Brighton

East Sussex

BN1 1UJ

REGISTERED NUMBER:

10054536 (England and Wales)

ACCOUNTANTS:

Paddenburg & Co Limited

100 Church Street

Brighton

East Sussex

BN1 1UJ

FIXED ASSETS

Tangible assets

4

14,604

18,609

CURRENT ASSETS

Debtors

5

182,861

216,481

Cash at bank

186,895

180,861

369,756

397,342

CREDITORS

Amounts falling due within one year

6

87,600

176,204

NET CURRENT ASSETS

282,156

221,138

TOTAL ASSETS LESS CURRENT LIABILITIES

296,760

239,747

CREDITORS

Amounts falling due after more than one year

7

(8,054

)

(22,447

)

PROVISIONS FOR LIABILITIES

8

(3,651

)

(4,652

)

NET ASSETS

285,055

212,648

CAPITAL AND RESERVES

Called up share capital

7

5

Retained earnings

285,048

212,643

SHAREHOLDERS' FUNDS

285,055

212,648

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 9 September 2025 and were signed by:

Mrs R C H Charles - Director

1.	STATUTORY INFORMATION

Carter Revivals 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

20% 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

8,283

20,025

28,308

DEPRECIATION

At 1 January 2024

2,634

7,065

9,699

Charge for year

1,413

2,592

4,005

At 31 December 2024

4,047

9,657

13,704

NET BOOK VALUE

At 31 December 2024

4,236

10,368

14,604

At 31 December 2023

5,649

12,960

18,609

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2024

and 31 December 2024

20,025

DEPRECIATION

At 1 January 2024

7,065

Charge for year

2,592

At 31 December 2024

9,657

NET BOOK VALUE

At 31 December 2024

10,368

At 31 December 2023

12,960

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

61,612

95,232

Jaco Property Ltd

115,004

115,004

Charles Piton Ltd

6,245

6,245

182,861

216,481

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,398

10,141

Hire purchase contracts

4,005

4,005

Trade creditors

25,241

67,942

Tax

25,607

45,173

Social security and other taxes

775

598

VAT

16,988

35,273

Other creditors

274

204

Directors' loan accounts

1,812

10,368

Accrued expenses

2,500

2,500

87,600

176,204

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

4,383

10,398

Bank loans - 2-5 years

-

4,373

Hire purchase contracts

3,671

7,676

8,054

22,447

8.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

3,651

4,652

Deferred

tax

£

Balance at 1 January 2024

4,652

Accelerated capital allowances

(1,001

)

Balance at 31 December 2024

3,651

9.	RELATED PARTY DISCLOSURES

In the year under review, the company rendered services totalling £240,539 (2023: £339,061) with

Charles Piton Limited, and £87,694 (2023: £194,723) with Charles Piton (London&Kent) Limited.

Additionally, an interest-free loan totalling £115,044 (2023: £115,044) was made to Jaco Property Ltd.

All aforementioned companies are under the common control and traded on normal commercial terms.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs R C H Charles.