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COMPANY REGISTRATION NUMBER: 08304923

Carrington & Smith Ltd

Filleted Unaudited Financial Statements

31 May 2025

Carrington & Smith Ltd

Statement of Financial Position

31 May 2025

| 31 May 25 | 30 Nov 23
Note | £ | £

Current assets

Stocks | – | 185,841
Cash at bank and in hand | 1,465 | 392
| ------- | ---------
| 1,465 | 186,233

Creditors: amounts falling due within one year | 4 | 169,458 | 352,784
| --------- | ---------
Net current liabilities | 167,993 | 166,551
| --------- | ---------
Total assets less current liabilities | ( 167,993) | ( 166,551)
| --------- | ---------
Net liabilities | ( 167,993) | ( 166,551)
| --------- | ---------

Capital and reserves

Called up share capital | 1 | 1
Profit and loss account | ( 167,994) | ( 166,552)
| --------- | ---------
Shareholders deficit | ( 167,993) | ( 166,551)
| --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 12 February 2026 , and are signed on behalf of the board by:

Ms N Carletti |
Director |

Company registration number: 08304923

Carrington & Smith Ltd

Notes to the Financial Statements

Period from 1 December 2023 to 31 May 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 1, First Floor, 1 Duchess Street, London, W1W 6AN.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
As noted in the Directors' Report, the accounts have been prepared on the basis other than going concern. The Director will continue to provide the necessary level of support to enable the Company to meet its liabilities. The Director intends to wind up the company in due course, once all remaining balances have been settled. The assets and liabilities have been written down to their recoverable amounts.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship (see hedge accounting policy). Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Creditors: amounts falling due within one year

| 31 May 25 | 30 Nov 23
| £ | £
Other creditors | 169,458 | 352,784
| --------- | ---------

5. Director's advances, credits and guarantees
Included in other creditors is a balance of £166,248 (2023: £346,604) due to MS S Krok. This amount is interest free, unsecured and repayable on demand.