CARLETON PROPERTIES (CUMBRIA) LIMITED


Directors	Mr M J Pratt
	Mr P M Sharman
	Mr B C Sheard
	Mr M J Stanger
	Mr B Stephenson
	Mr E Taylor
	Mr P F Tew
	Mr J B Thwaites


Company Secretary	Mr E Taylor


Registered Address	Carleton House 136 Gray Street
	Workington
	Cumbria
	CA14 2LU


Registered Number	03797067 (England and Wales)

Statement of Financial Position
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Investment property	3		350,000		350,000
			350,000		350,000
Current assets
Debtors	4	1,524		-
Cash at bank and on hand		13,822		12,494
		15,346		12,494
Creditors amounts falling due within one year	5	(13,438)		(11,595)
Net current assets (liabilities)			1,908		899
Total assets less current liabilities			351,908		350,899
Provisions for liabilities	6		(6,703)		(6,703)
Net assets			345,205		344,196
Capital and reserves
Called up share capital			800		800
Profit and loss account			344,405		343,396
Shareholders' funds			345,205		344,196

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 22 May 2026, and are signed on its behalf by:

Mr M J Stanger
Director
Registered Company No. 03797067

CARLETON PROPERTIES (CUMBRIA) LIMITED

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from rental income.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investment property
	Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	0		0

3.	Investment property


		£
	Fair value at 01 April 25	350,000
	At 31 March 26	350,000

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Prepayments and accrued income	1,524	-
Total	1,524	-

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Taxation and social security	9,244	9,176
Other creditors	529	530
Accrued liabilities and deferred income	3,665	1,889
Total	13,438	11,595

6.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	6,703	6,703
Total	6,703	6,703