REGISTERED NUMBER: 04820578 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

CARNEGIE GROUP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D R Mindham

S M Barren

REGISTERED OFFICE:

Chart House

2 Effingham Road

Reigate

Surrey

RH2 7JN

REGISTERED NUMBER:

04820578 (England and Wales)

ACCOUNTANTS:

John Williams & Co Limited

Chartered Certified Accountants

Chart House

2 Effingham Road

Reigate

Surrey

RH2 7JN

FIXED ASSETS

Tangible assets

4

97,100

128,643

CURRENT ASSETS

Stocks

5

397,271

221,618

Debtors

6

991,446

848,004

Cash at bank

1,237,301

680,518

2,626,018

1,750,140

CREDITORS

Amounts falling due within one year

7

586,822

447,256

NET CURRENT ASSETS

2,039,196

1,302,884

TOTAL ASSETS LESS CURRENT LIABILITIES

2,136,296

1,431,527

CREDITORS

Amounts falling due after more than one year

8

(15,114

)

(18,342

)

PROVISIONS FOR LIABILITIES

10

(14,123

)

(24,442

)

NET ASSETS

2,107,059

1,388,743

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

11

2,107,055

1,388,739

SHAREHOLDERS' FUNDS

2,107,059

1,388,743

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 28 May 2026 and were signed on its behalf by:

S M Barren - Director

1.	STATUTORY INFORMATION

Carnegie Group 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.

Carnegie Group Limited, formerly Carnegie Steel Buildings Ltd changed its company name on 2nd April 2024

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 represents the invoiced value of work done excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 credited to the profit and loss account when they fall due.

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 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

and 31 July 2025

630

6,556

149,708

2,435

159,329

DEPRECIATION

At 1 August 2024

155

2,601

27,243

687

30,686

Charge for year

71

593

30,617

262

31,543

At 31 July 2025

226

3,194

57,860

949

62,229

NET BOOK VALUE

At 31 July 2025

404

3,362

91,848

1,486

97,100

At 31 July 2024

475

3,955

122,465

1,748

128,643

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 August 2024

and 31 July 2025

27,415

DEPRECIATION

At 1 August 2024

8,567

Charge for year

4,712

At 31 July 2025

13,279

NET BOOK VALUE

At 31 July 2025

14,136

At 31 July 2024

18,848

5.

STOCKS

2025

2024

£

£

Work-in-progress

397,271

221,618

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

148,567

114,661

Other debtors

5,500

3,970

Prepayments and accrued income

837,379

729,373

991,446

848,004

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

3,228

3,228

Trade creditors

303,080

28,809

Tax

16,837

240,865

Social security and other taxes

28,130

16,341

VAT

170,667

62,051

Other creditors

13,892

8,442

Directors' current accounts

859

-

Accrued expenses

50,129

87,520

586,822

447,256

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

15,114

18,342

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

3,228

3,228

Between one and five years

15,114

18,342

18,342

21,570

Non-cancellable

operating leases

2025

2024

£

£

Within one year

5,951

5,951

Between one and five years

3,966

9,918

9,917

15,869

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

14,123

24,442

Deferred

tax

£

Balance at 1 August 2024

24,442

Accelerated capital allowances

(10,319

)

Balance at 31 July 2025

14,123

11.

RESERVES

Retained

earnings

£

At 1 August 2024

1,388,739

Profit for the year

939,316

Dividends

(221,000

)

At 31 July 2025

2,107,055

12.	RELATED PARTY DISCLOSURES

The ultimate controlling party is the Board of Directors.