Company registration number 06077041 (England and Wales)
CARTER CONSTRUCTION (DERBY) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
CARTER CONSTRUCTION (DERBY) LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
CARTER CONSTRUCTION (DERBY) LIMITED
BALANCE SHEET
AS AT
30 APRIL 2025
30 April 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
65,362
81,034
Current assets
Stocks
460,872
1,528,457
Debtors
5
1,348,309
593,599
Investments
6
2
50,002
Cash at bank and in hand
22,715
239,219
1,831,898
2,411,277
Creditors: amounts falling due within one year
7
(918,051)
(1,040,776)
Net current assets
913,847
1,370,501
Total assets less current liabilities
979,209
1,451,535
Creditors: amounts falling due after more than one year
8
(507,012)
(1,014,103)
Provisions for liabilities
(11,944)
(15,295)
Net assets
460,253
422,137
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
460,251
422,135
Total equity
460,253
422,137
CARTER CONSTRUCTION (DERBY) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2025
30 April 2025
- 2 -

For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 2 December 2025
Mr R I Carter
Director
Company registration number 06077041 (England and Wales)
CARTER CONSTRUCTION (DERBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
- 3 -
1
Accounting policies
Company information

Carter Construction (Derby) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Richardson Street, Derby, DE22 3GR. The company registration number is 06077041.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. There are no such estimates or judgements applicable to the company.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
25% on reducing balance
Fixtures, fittings & equipment
25% on reducing balance
Motor vehicles
25% on reducing balance
CARTER CONSTRUCTION (DERBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 4 -

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at the transaction price.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.8
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.9
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

CARTER CONSTRUCTION (DERBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 5 -
1.10
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
15
18
4
Tangible fixed assets
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 May 2024
65,333
33,314
38,750
137,397
Additions
2,895
2,285
995
6,175
Disposals
(895)
-
0
-
0
(895)
At 30 April 2025
67,333
35,599
39,745
142,677
Depreciation and impairment
At 1 May 2024
25,126
27,219
4,018
56,363
Depreciation charged in the year
10,660
1,857
8,823
21,340
Eliminated in respect of disposals
(388)
-
0
-
0
(388)
At 30 April 2025
35,398
29,076
12,841
77,315
Carrying amount
At 30 April 2025
31,935
6,523
26,904
65,362
At 30 April 2024
40,207
6,095
34,732
81,034
CARTER CONSTRUCTION (DERBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 6 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
322,015
81,618
Other debtors
1,026,294
511,981
1,348,309
593,599
6
Current asset investments
2025
2024
£
£
Other investments
2
50,002
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
60,000
60,000
Trade creditors
233,316
335,192
Corporation tax
37,321
18,758
Other taxation and social security
14,543
14,365
Other creditors
572,871
612,461
918,051
1,040,776
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
5,000
65,000
Other creditors
502,012
949,103
507,012
1,014,103
9
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

The company has loaned funds to Northfield House (Belper) Ltd, a company of which the director is a 50% shareholder. The amount outstanding at 30th April 20 25 was £18,897 (2024: £10,836).

The company has loaned funds to Dracar Ltd, a company of which the director is a 45% shareholder. The amount outstanding at 30th April 2025 was £1,140,713 (2024: £150,000).

The company has received a loan from Pyrmont Property Management Ltd, a company of which the director is a 45% shareholder. The amount outstanding at 30th April 2025 was £494,200 (2024: £928,907).

2025-04-30 2024-05-01 false false false 02 December 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr R I Carter Mrs J C Carter 06077041 2024-05-01 2025-04-30 06077041 2025-04-30 06077041 2024-04-30 06077041 core:PlantMachinery 2025-04-30 06077041 core:FurnitureFittings 2025-04-30 06077041 core:MotorVehicles 2025-04-30 06077041 core:PlantMachinery 2024-04-30 06077041 core:FurnitureFittings 2024-04-30 06077041 core:MotorVehicles 2024-04-30 06077041 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 06077041 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 06077041 core:WithinOneYear 2025-04-30 06077041 core:WithinOneYear 2024-04-30 06077041 core:AfterOneYear 2025-04-30 06077041 core:AfterOneYear 2024-04-30 06077041 core:CurrentFinancialInstruments 2025-04-30 06077041 core:CurrentFinancialInstruments 2024-04-30 06077041 core:ShareCapital 2025-04-30 06077041 core:ShareCapital 2024-04-30 06077041 core:RetainedEarningsAccumulatedLosses 2025-04-30 06077041 core:RetainedEarningsAccumulatedLosses 2024-04-30 06077041 bus:Director1 2024-05-01 2025-04-30 06077041 core:PlantMachinery 2024-05-01 2025-04-30 06077041 core:FurnitureFittings 2024-05-01 2025-04-30 06077041 core:MotorVehicles 2024-05-01 2025-04-30 06077041 2023-05-01 2024-04-30 06077041 core:PlantMachinery 2024-04-30 06077041 core:FurnitureFittings 2024-04-30 06077041 core:MotorVehicles 2024-04-30 06077041 2024-04-30 06077041 core:Non-currentFinancialInstruments 2025-04-30 06077041 core:Non-currentFinancialInstruments 2024-04-30 06077041 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 06077041 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 06077041 bus:FRS102 2024-05-01 2025-04-30 06077041 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 06077041 bus:CompanySecretary1 2024-05-01 2025-04-30 06077041 bus:FullAccounts 2024-05-01 2025-04-30 xbrli:pure xbrli:shares iso4217:GBP