Carrock Homes Limited - Filleted accounts

Registered number

10079676

Carrock Homes Limited

Filleted Accounts

31 March 2025

Carrock Homes Limited
Registered number:		10079676
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		270,739			191,569

Current assets
Stocks		215,428			215,428
Debtors	4	123,366			82,942
Cash at bank and in hand		82,574			23
		421,368			298,393

Creditors: amounts falling due within one year	5	(518,089)			(433,849)

Net current liabilities			(96,721)			(135,456)

Total assets less current liabilities			174,018			56,113

Creditors: amounts falling due after more than one year	6		(166,213)			(43,668)



Net assets			7,805			12,445

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			6,805			11,445

Shareholders' funds			7,805			12,445

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




G Iredale
Director
Approved by the board on 27 November 2025

Carrock Homes Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles	25% reducing balance
	Fixtures, fittings, tools and equipment	25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			10		9


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	315,923		50,670		366,593
	Additions	8,241		120,402		128,643
	Disposals	(5,500)		(40,670)		(46,170)
	At 31 March 2025	318,664		130,402		449,066

	Depreciation
	At 1 April 2024	142,774		32,250		175,024
	Charge for the year	27,798		4,563		32,361
	On disposals	(4,386)		(24,672)		(29,058)
	At 31 March 2025	166,186		12,141		178,327

	Net book value
	At 31 March 2025	152,478		118,261		270,739
	At 31 March 2024	173,149		18,420		191,569


4	Debtors			2025		2024
£					£

	Trade debtors			18,128		62,723
	Other debtors			105,238		20,219
				123,366		82,942


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			14,362		93,753
	Obligations under finance lease and hire purchase contracts			27,541		28,479
	Trade creditors			30,529		79,375
	Taxation and social security costs			87,898		66,843
	Other creditors			357,759		165,399
				518,089		433,849


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			62,347		23,307
	Obligations under finance lease and hire purchase contracts			103,866		20,361
				166,213		43,668


7	Other information

	Carrock Homes Limited is a private company limited by shares and incorporated in England. Its registered office is:
	How Hill
	Hutton Roof
	Penrith
	CA11 0XY