10198901 false letting agents 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/2024-05-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-05-31 http://www.companieshouse.gov.uk/cd:Director1 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-05-31 http://www.companieshouse.gov.uk/cd:Director2 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2024-05-31 http://www.companieshouse.gov.uk/pt:MotorCars 2024-05-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2025-05-31 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/pt:MotorCars 2025-05-31 http://www.companieshouse.gov.uk/pt:NetGoodwill 2024-05-31 http://www.companieshouse.gov.uk/pt:NetGoodwill 2025-05-31 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-05-31 http://www.companieshouse.gov.uk/pt:NetGoodwill 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-05-31 http://www.companieshouse.gov.uk/2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/2024-05-31 http://www.companieshouse.gov.uk/cd:FRS102 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/2025-05-31 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 10198901
The Letting Centre (Carlisle) Limited
ACCOUNTS
FOR THE YEAR ENDED 31/05/2025
Prepared By:
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

The Letting Centre (Carlisle) Limited

ACCOUNTS
FOR THE YEAR ENDED 31/05/2025
DIRECTORS
Ms C L Luper
Mr A G Mason
REGISTERED OFFICE
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10198901
ACCOUNTANTS
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

The Letting Centre (Carlisle) Limited

ACCOUNTS
FOR THE YEAR ENDED 31/05/2025
CONTENTS |  |
|  | Page
Directors' Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

The Letting Centre (Carlisle) Limited

BALANCE SHEET AT 31/05/2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Intangible assets |  | 2 |  |  |  | 28,183 |  |  |  | 41,533
Tangible assets |  | 3 |  |  |  | 26,505 |  |  |  | 31,487
|  |  |  |  |  | 54,688 |  |  |  | 73,020
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Debtors |  | 4 |  | 15,882 |  |  |  | 12,764 |  |
Cash at bank and in hand |  |  |  | 9,824 |  |  |  | 21,301 |  |
|  |  |  | 25,706 |  |  |  | 34,065 |  |
CREDITORS: Amounts falling due within one year |  | 5 |  | 51,515 |  |  |  | 41,516 |  |
NET CURRENT LIABILITIES |  |  |  |  |  | (25,809) |  |  |  | (7,451)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 28,879 |  |  |  | 65,569
CREDITORS: Amounts falling due after more than one year |  | 6 |  |  |  | 416 |  |  |  | 25,624
NET ASSETS |  |  |  |  |  | 28,463 |  |  |  | 39,945
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  |  |  | 28,363 |  |  |  | 39,845
SHAREHOLDERS' FUNDS |  |  |  |  |  | 28,463 |  |  |  | 39,945
For the year ending 31/05/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 09/02/2026 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Mr A G Mason |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

The Letting Centre (Carlisle) Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation |  |
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipment |  | reducing balance 25%
Motor Vehicles |  | reducing balance 25%

1c. Taxation
Full provision is made for deferred tax balances arising from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes.

1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. Turnover is recognised upon the provision of goods and services.

1f. Goodwill
Goodwill arising in connection with the acquisition of a business is capitalised and amortised over its estimated economic life of 10 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

1g. Leases
Payments made under operating leases are charged to the profit and loss account on a straight line basis over the lease term.

The Letting Centre (Carlisle) Limited

2. INTANGIBLE FIXED ASSETS |  |  |  |
|  | Purchased |  |
|  | Goodwill |  | Total
|  | £ |  | £
Cost |  |  |  |
At 01/06/2024 |  | 133,500 |  | 133,500
At 31/05/2025 |  | 133,500 |  | 133,500
Depreciation |  |  |  |
At 01/06/2024 |  | 91,967 |  | 91,967
For the year |  | 13,350 |  | 13,350
At 31/05/2025 |  | 105,317 |  | 105,317
Net Book Amounts |  |  |  |
At 31/05/2025 |  | 28,183 |  | 28,183
At 31/05/2024 |  | 41,533 |  | 41,533

3. TANGIBLE FIXED ASSETS |  |  |  |  |  |
|  | Equipment |  | Motor Vehicles |  | Total
|  | £ |  | £ |  | £
Cost |  |  |  |  |  |
At 01/06/2024 |  | 28,834 |  | 42,530 |  | 71,364
Additions |  | 3,854 |  | - |  | 3,854
At 31/05/2025 |  | 32,688 |  | 42,530 |  | 75,218
Depreciation |  |  |  |  |  |
At 01/06/2024 |  | 21,271 |  | 18,606 |  | 39,877
For the year |  | 2,855 |  | 5,981 |  | 8,836
At 31/05/2025 |  | 24,126 |  | 24,587 |  | 48,713
Net Book Amounts |  |  |  |  |  |
At 31/05/2025 |  | 8,562 |  | 17,943 |  | 26,505
At 31/05/2024 |  | 7,563 |  | 23,924 |  | 31,487

4. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Trade debtors |  |  |  | 2,105 |  | 1,296
Other tax and social security |  |  |  | 3,077 |  | -
Prepayments |  |  |  | 820 |  | 1,564
Directors current account - A G Mason |  |  |  | 9,880 |  | 9,904
|  |  |  | 15,882 |  | 12,764

The Letting Centre (Carlisle) Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
UK corporation tax |  |  |  | 10,963 |  | 10,476
VAT |  |  |  | 10,452 |  | 10,097
Other tax and social security |  |  |  | - |  | 2,500
Directors current account - C L Luper |  |  |  | 649 |  | 1,149
Bank loan |  |  |  | 5,000 |  | 5,000
Hire purchase |  |  |  | 20,208 |  | 4,758
Other creditors |  |  |  | 247 |  | 311
Accruals |  |  |  | 3,996 |  | 7,225
|  |  |  | 51,515 |  | 41,516

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Bank loans >1yr |  |  |  | 416 |  | 5,417
Hire purchase >1yr |  |  |  | - |  | 20,207
|  |  |  | 416 |  | 25,624

7. SECURED CREDITORS |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amount of other creditors which are secured |  |  |  | 20,208 |  | 24,965
Hire purchase creditors are secured on the assets to which the liabilities relate.

8. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 8 |  | 6

The Letting Centre (Carlisle) Limited

9. RELATED PARTY TRANSACTIONS
During the period total salaries were paid to directors of £9,675 (2024 - £9,096).
During the year total dividends of £37,000 (2024 - £1,000) were paid to the directors.
At the balance sheet date loans of £649 (2024 - £1,149) were owed to the directors by the company and £9,880 owed to the company (2024 - £9,904). The loans are interest free, unsecured and repayable on demand.

10. ADDITIONAL INFORMATION
The company is a private company, limited by shares and registered in England.
The company's registered number is 10198901.
The company's registered office is 6 Brunswick Street, Carlisle CA1 1PN.

11. TRANSACTIONS WITH DIRECTORS
At 1 June 2024 £9,904 was owed to the company by a director which was repaid in full. During the year total advances of £9,880 were made to a director which remain outstanding at the balance sheet date. The loan is interest free, unsecured and repayable on demand.