Registration number: 11031732

Carterwood Analytics Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Carterwood Analytics Limited

Company Information

Directors

Mr B C Hartley Mrs A J Nurse Mrs J L Grimsted Mr T D Hartley

Registered office

Future Space UWE North Gate Filton Road Stoke Gifford BS34 8RB

Accountants

Harbour Key Limited Midway House Herrick Way Staverton Cheltenham GL51 6TQ

Carterwood Analytics Limited

(Registration number: 11031732)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	-	333
Current assets
Debtors	5	-	280,637
Cash at bank and in hand		1,232,284	594,711
		1,232,284	875,348
Creditors: Amounts falling due within one year	6	(1,232,184)	(750,816)
Net current assets		100	124,532
Net assets		100	124,865
Capital and reserves
Called up share capital		100	100
Retained earnings		-	124,765
Shareholders' funds		100	124,865

For the financial year ending 31 December 2024 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 September 2025 and signed on its behalf by:
 

......................................... Mr B C Hartley Director

......................................... Mrs A J Nurse Director

Carterwood Analytics Limited

(Registration number: 11031732)
Balance Sheet as at 31 December 2024

......................................... Mrs J L Grimsted Director

......................................... Mr T D Hartley Director

Carterwood Analytics Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Future Space
UWE North Gate
Filton Road
Stoke Gifford
BS34 8RB

These financial statements were authorised for issue by the Board on 18 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentational currency of the financial statements is British Pound £, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are round to the nearest £.

Going concern

The company ceased trading on 31 December 2024 and transferred the company's trade and assets to its parent company, Carterwood Limited. The company is no longer a going concern and the financial statements have been prepared on a basis other than going concern.

All assets are measured at realisable value and liabilities reflect the settlement amounts due.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Carterwood Analytics Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Intangible assets

Intangible assets are stated in the balance sheet at cost, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Development costs

Development costs are expenses in the period in which they are incurred, unless they meet the criteria of internally generated intangible assets. Development costs which have met the criteria of internally generated intangible assets have been capitalised and are amortised to the profit and loss account. Amortisation starts when the assets are available for use and is applied over their estimated useful life.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Trademark	10 year straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for goods sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Carterwood Analytics Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 4).

4	Intangible assets

	Trademark  £	Total £
Cost or valuation
At 1 January 2024	370	370
Disposals	(370)	(370)
At 31 December 2024	-	-
Amortisation
At 1 January 2024	37	37
Amortisation charge	37	37
Amortisation eliminated on disposals	(74)	(74)
At 31 December 2024	-	-
Carrying amount
At 31 December 2024	-	-
At 31 December 2023	333	333

Carterwood Analytics Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

5

Debtors

Current	Note	2024 £	2023 £
Trade debtors		-	219,766
Amounts owed by group undertakings and undertakings in which the company has a participating interest	7	-	60,826
Prepayments		-	45
		-	280,637

6

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Amounts owed to group undertakings and undertakings in which the company has a participating interest	7	1,078,708	-
Taxation and social security		79,870	60,250
Other creditors		73,606	690,566
		1,232,184	750,816

7	Related party transactions

Summary of transactions with parent

At the balance sheet date, £1,078,708 (2023: £60,826 owed from) was owed to its parent company, Carterwood Limited. There are no repayment terms or interest charged on the outstanding amount.