REGISTERED NUMBER: 07166232 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CARLMARK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Hothersall

C Pendleton

J C Maher

M B Killingley

REGISTERED OFFICE:

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

REGISTERED NUMBER:

07166232 (England and Wales)

ACCOUNTANTS:

Whitehead & Howarth

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Tangible assets

4

72,587

93,455

CURRENT ASSETS

Debtors

5

363,037

275,837

Cash at bank

3,247

1,742

366,284

277,579

CREDITORS

Amounts falling due within one year

6

40,216

20,837

NET CURRENT ASSETS

326,068

256,742

TOTAL ASSETS LESS CURRENT LIABILITIES

398,655

350,197

PROVISIONS FOR LIABILITIES

8

18,147

29,999

NET ASSETS

380,508

320,198

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

380,408

320,098

SHAREHOLDERS' FUNDS

380,508

320,198

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 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

J C Maher - Director

1.	STATUTORY INFORMATION

Carlmark 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 represents equipment hire sales receivable, excluding value added tax.

Tangible fixed assets

Tangible fixed assets are stated at cost price inclusive of directly attributable costs less cumulative depreciation. Depreciation is provided on a straight line basis over 2 to 7 years in order to write the assets down to their residual values. Residual values are assessed annually.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 January 2024

415,614

17,885

433,499

Additions

5,946

-

5,946

Disposals

(68,487

)

-

(68,487

)

At 31 December 2024

353,073

17,885

370,958

DEPRECIATION

At 1 January 2024

322,159

17,885

340,044

Charge for year

15,714

-

15,714

Eliminated on disposal

(57,387

)

-

(57,387

)

At 31 December 2024

280,486

17,885

298,371

NET BOOK VALUE

At 31 December 2024

72,587

-

72,587

At 31 December 2023

93,455

-

93,455

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by group undertakings

356,793

261,122

Other debtors

-

10,000

Prepayments

6,244

4,715

363,037

275,837

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

3,790

-

Tax

19,409

4,136

Social security and other taxes

325

493

VAT

4,196

4,795

Other creditors

10,483

9,400

Accrued expenses

2,013

2,013

40,216

20,837

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.24

31.12.23

£

£

Within one year

22,000

-

Between one and five years

56,833

-

78,833

-

8.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

Accelerated capital allowances

(11,852

)

-

Deferred tax

29,999

29,999

18,147

29,999

Deferred

tax

£

Balance at 1 January 2024

29,999

Credit to Statement of Income and Retained Earnings during year

(11,852

)

Balance at 31 December 2024

18,147

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

90

A Ordinary

£1

90

90

10

B Ordinary

£1

10

10

100

100

10.

RESERVES

Retained

earnings

£

At 1 January 2024

320,098

Profit for the year

60,310

At 31 December 2024

380,408

11.	RELATED PARTY DISCLOSURES

Carlmark Limited rented equipment totalling £120,000 (2023: £121,011) to Buxton Water Limited, received rent and electric recharges of £3,240 (2023: £14,854), incurred management charges of £12,000 (2023: £13,350) from Buxton Water Limited, which is a Company controlled by the directors. At the year end £356,793 was owed by Buxton Water Limited and £9,400 to Buxton Water Limited, both amounts shown in other debtors and other creditors.

12.	ULTIMATE CONTROLLING PARTY

The Company is ultimately controlled by the directors.

The immediate parent undertaking is Buxton Water Holdings Limited.