REGISTERED NUMBER: 10088837 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

CARLTON STUD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A R Wragg

REGISTERED OFFICE:

64 Main

Street

Newtown Linford

Leicester

LE6 0AD

REGISTERED NUMBER:

10088837 (England and Wales)

ACCOUNTANTS:

Walker Thompson Ltd

Accountants and Registered Auditors

Empress House

43A Binley Road

Coventry

CV3 1HU

FIXED ASSETS

Tangible assets

4

92,041

77,282

CURRENT ASSETS

Debtors

5

2,350

2,954

Cash at bank

10

21

2,360

2,975

CREDITORS

Amounts falling due within one year

6

246,651

135,764

NET CURRENT LIABILITIES

(244,291

)

(132,789

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(152,250

)

(55,507

)

PROVISIONS FOR LIABILITIES

4,054

6,079

NET LIABILITIES

(156,304

)

(61,586

)

CAPITAL AND RESERVES

Called up share capital

105

105

Retained earnings

(156,409

)

(61,691

)

(156,304

)

(61,586

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 December 2025 and were signed by:

A R Wragg - Director

1.	STATUTORY INFORMATION

Carlton Stud 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The company has incurred operating losses in the year to 30 June 2025 and 30 June 2024. In addition, the company has reported net liabilities for the year ended 30 June 2025 and 30 June 2024.

The director has funded the company during this period and will continue to do so for the foreseeable future.

On this basis the accounts have been prepared on a going concern basis.

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.

Improvements to property - 5% on cost

Plant and machinery - 20% reducing balance

Fixtures and fittings - 20% reducing balance

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 2 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 July 2024

63,199

26,417

16,686

106,302

Additions

23,737

-

-

23,737

At 30 June 2025

86,936

26,417

16,686

130,039

DEPRECIATION

At 1 July 2024

11,889

10,532

6,599

29,020

Charge for year

4,346

2,695

1,937

8,978

At 30 June 2025

16,235

13,227

8,536

37,998

NET BOOK VALUE

At 30 June 2025

70,701

13,190

8,150

92,041

At 30 June 2024

51,310

15,885

10,087

77,282

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

2,954

VAT

2,350

-

2,350

2,954

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,067

5,206

Social security and other taxes

330

273

VAT

-

208

Other creditors

70,941

48,790

Associated company

38,896

-

Directors' loan

130,467

80,087

Accrued expenses

1,950

1,200

246,651

135,764