REGISTERED NUMBER: 04711749 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Carhys Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

A Lewis

Secretary:

Mrs K Lewis

Registered office:

Yr Hen Felin

St Donats

Cowbridge

Vale of Glamorgan

CF61 1ZB

Registered number:

04711749 (England and Wales)

Accountants:

Curtis Bowden & Thomas Limited

Chartered Certified Accountants

9 Court Road

Bridgend

CF31 1BE

Fixed assets

Tangible assets

4

278

380

Investment property

5

500,000

500,000

500,278

500,380

Current assets

Debtors

6

9,883

44,007

Cash at bank

78,103

14,414

87,986

58,421

Creditors

Amounts falling due within one year

7

40,359

17,630

Net current assets

47,627

40,791

Total assets less current liabilities

547,905

541,171

Creditors

Amounts falling due after more than one year

8

111,446

122,676

Net assets

436,459

418,495

Capital and reserves

Called up share capital

2

2

Retained earnings

436,457

418,493

Shareholders' funds

436,459

418,495

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 December 2025 and were signed by:

A Lewis - Director

1.	Statutory information

Carhys Developments 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 as modified by the revaluation of certain assets.

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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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 3 (2024 - 3 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

and 31 March 2025

93

6,634

5,522

12,249

Depreciation

At 1 April 2024

77

6,354

5,438

11,869

Charge for year

3

56

43

102

At 31 March 2025

80

6,410

5,481

11,971

Net book value

At 31 March 2025

13

224

41

278

At 31 March 2024

16

280

84

380

5.	Investment property

Total

£

Fair value

At 1 April 2024

and 31 March 2025

500,000

Net book value

At 31 March 2025

500,000

At 31 March 2024

500,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2017

500,000

6.

Debtors: amounts falling due within one year

31.3.25

31.3.24

£

£

Trade debtors

9,883

36,050

Other debtors

-

7,957

9,883

44,007

7.

Creditors: amounts falling due within one year

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,510

10,510

Trade creditors

(1

)

(2

)

Taxation and social security

21,619

5,202

Other creditors

8,231

1,920

40,359

17,630

8.

Creditors: amounts falling due after more than one year

31.3.25

31.3.24

£

£

Bank loans

111,446

122,676

9.	Secured debts

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

121,956

133,186

10.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

A Lewis

Balance outstanding at start of year

7,957

12,318

Amounts advanced

1,315

15,289

Amounts repaid

(9,899

)

(19,650

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(627

)

7,957

The directors are owners of a property which is rented by the Company. The Company paid rent of £17,400 (£23,400 - 2024) during the financial year.

11.	Ultimate controlling party

The ultimate controlling party is A Lewis.