REGISTERED NUMBER: 00289720 (England and Wales)

CARR AND WESTLEY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A W Gorringe

Mrs J A Gorringe

C W Gorringe

SECRETARY:

REGISTERED OFFICE:

The Bourne Mill

Carpenters Lane

Hadlow

Tonbridge

Kent

TN11 0EU

REGISTERED NUMBER:

00289720 (England and Wales)

ACCOUNTANTS:

Busbys

Chartered Accountants

Unit 7

Pickhill Business Centre

Smallhythe Road

Tenterden

Kent

TN30 7LZ

FIXED ASSETS

Intangible assets

4

2,275

2,875

Tangible assets

5

35,757

37,800

38,032

40,675

CURRENT ASSETS

Stocks

491,248

530,831

Debtors

6

34,385

43,831

Cash at bank and in hand

37,745

53,700

563,378

628,362

CREDITORS

Amounts falling due within one year

7

306,071

373,569

NET CURRENT ASSETS

257,307

254,793

TOTAL ASSETS LESS CURRENT LIABILITIES

295,339

295,468

CREDITORS

Amounts falling due after more than one year

8

-

10,289

NET ASSETS

295,339

285,179

CAPITAL AND RESERVES

Called up share capital

10

9,935

9,935

Capital redemption reserve

65

65

Retained earnings

285,339

275,179

SHAREHOLDERS' FUNDS

295,339

285,179

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 27 May 2026 and were signed on its behalf by:

A W Gorringe - Director

Mrs J A Gorringe - Director

1.	STATUTORY INFORMATION

Carr and Westley 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.

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.

Revenue is recognised at the point the order is dispatched.

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.

Trademarks are being amortised evenly over their estimated useful life of ten years.

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

-

15% on reducing balance

Fixtures and fittings

-

25% on cost

Freehold property is not depreciated. The freehold property is maintained to a high standard which, in the opinion of the directors, gives the property a residual value of no less than the historical cost. The situation is not predicted to change within the following 50 years and therefore freehold property is not depreciated.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost includes all direct costs and an appropriate proportion of fixed and variable overheads, and is based on a first in, first out basis.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 16 (2024 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Trademarks

£

COST

At 1 September 2024

and 31 August 2025

6,000

AMORTISATION

At 1 September 2024

3,125

Amortisation for year

600

At 31 August 2025

3,725

NET BOOK VALUE

At 31 August 2025

2,275

At 31 August 2024

2,875

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 September 2024

21,917

37,355

88,399

147,671

Additions

-

-

2,308

2,308

Disposals

-

-

(67,328

)

(67,328

)

At 31 August 2025

21,917

37,355

23,379

82,651

DEPRECIATION

At 1 September 2024

-

24,139

85,732

109,871

Charge for year

-

1,983

2,233

4,216

Eliminated on disposal

-

-

(67,193

)

(67,193

)

At 31 August 2025

-

26,122

20,772

46,894

NET BOOK VALUE

At 31 August 2025

21,917

11,233

2,607

35,757

At 31 August 2024

21,917

13,216

2,667

37,800

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

2,050

-

Other debtors

32,335

43,831

34,385

43,831

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

8,777

8,774

Trade creditors

65,709

143,912

Taxation and social security

33,749

46,474

Other creditors

197,836

174,409

306,071

373,569

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

-

10,289

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.8.25

31.8.24

£

£

Within one year

28,850

26,100

Between one and five years

53,164

-

82,014

26,100

10.	CALLED UP SHARE CAPITAL

11.	RELATED PARTY DISCLOSURES

Other creditors include a loan from the directors of £167,302 (2024 : £155,438).