REGISTERED NUMBER: 03158005 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

CARTER SMITH LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B Wilkes

Mrs C N Wilkes

SECRETARY:

B Wilkes

REGISTERED OFFICE:

12/14 Church Street

Ecclesfield

Sheffield

South Yorkshire

S35 9WE

REGISTERED NUMBER:

03158005 (England and Wales)

ACCOUNTANTS:

Carter Smith

12/14 Church Street

Ecclesfield

Sheffield

South Yorkshire

S35 9WE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

886

605

886

605

CURRENT ASSETS

Debtors

6

23,212

36,319

Cash at bank

20,028

12,614

43,240

48,933

CREDITORS

Amounts falling due within one year

7

37,607

49,266

NET CURRENT ASSETS/(LIABILITIES)

5,633

(333

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,519

272

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

6,419

172

SHAREHOLDERS' FUNDS

6,519

272

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 17 May 2026 and were signed on its behalf by:

B Wilkes - Director

1.	STATUTORY INFORMATION

Carter Smith Ltd. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill being the amount paid in connection with the acquisition of a business in 2002, has been written off in 2025, as, in the opinion of the directors, the value is negligible.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

20% on reducing balance

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 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

69,000

AMORTISATION

At 1 February 2025

and 31 January 2026

69,000

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

1,867

Additions

500

Disposals

(650

)

At 31 January 2026

1,717

DEPRECIATION

At 1 February 2025

1,262

Charge for year

219

Eliminated on disposal

(650

)

At 31 January 2026

831

NET BOOK VALUE

At 31 January 2026

886

At 31 January 2025

605

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

12,412

25,264

Other debtors

10,800

11,055

23,212

36,319

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade creditors

326

393

Taxation and social security

24,110

42,835

Other creditors

13,171

6,038

37,607

49,266