House and Carriage Limited - Filleted accounts


HOUSE AND CARRIAGE LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2025



































Company Registration Number: 06335527

HOUSE AND CARRIAGE LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the financial statements									4 to 9

HOUSE AND CARRIAGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2025


DIRECTORS

C J D Schmidt
T E Skelton


SECRETARY

T E Skelton


REGISTERED OFFICE

Unit 2 Forest Works
Forest Road
Charlbury
Oxon
OX7 3HH


COMPANY REGISTRATION NUMBER

06335527 England and Wales

HOUSE AND CARRIAGE LIMITED

BALANCE SHEET
AS AT 30 SEPTEMBER 2025


	Notes	2025		2024
		£		£

FIXED ASSETS
Tangible assets	5		268,565		113,363

CURRENT ASSETS
Stock		13,294		16,824
Debtors	6	81,366		81,162
Cash at bank and in hand		173,753		223,187


		268,413		321,173

CREDITORS: Amounts falling due within one year	7	279,669		278,511
CREDITORS: Amounts falling due within one year


NET CURRENT (LIABILITIES) / ASSETS			(11,256)		42,662


TOTAL ASSETS LESS CURRENT LIABILITIES			257,309		156,025

Provisions for liabilities and charges			67,141		28,341


NET ASSETS			190,168		127,684


CAPITAL AND RESERVES
Called up share capital			2,020		2,020
Distributable profit and loss account			188,148		125,664


SHAREHOLDERS' FUNDS			190,168		127,684

HOUSE AND CARRIAGE LIMITED

BALANCE SHEET
AS AT 30 SEPTEMBER 2025


These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors' Report.


Signed on behalf of the board of directors




C J D Schmidt						T E Skelton
Director						Director

Date approved by the board: 18 March 2026

HOUSE AND CARRIAGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025


1	GENERAL INFORMATION

	House and Carriage Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:

	Unit 2 Forest Works
	Forest Road
	Charlbury
	Oxon
	OX7 3HH

	The financial statements are presented in Sterling, which is the functional currency of the company.

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of preparation of financial statements

	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

	Revenue recognition

	Turnover is measured at the fair value of consideration received or receivable. It is recognised in respect of the provision of removal services and the sale of associated goods as soon as there is a right to consideration and is determined by reference to the value of the work performed. Turnover is stated net of trade discounts and value added tax.

	The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.


	Tangible fixed assets

	Fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

	Depreciation has been provided at the following rates so as to write off the cost or valuation of assets less residual value of the assets over their estimated useful lives.

	Leasehold improvements					Straight line basis at 10% per annum
	Fixtures & fittings					Reducing balance basis at 25% per annum
	Motor vehicles					Reducing balance basis at 25% per annum
	Website					Straight line basis at 25% per annum

	On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the profit and loss account, and included within administrative expenses.

HOUSE AND CARRIAGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Financial Instruments

	A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value in the profit and loss account.

	Basic financial assets and financial liabilities are initially recognised at transaction price and measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. They are subsequently carried at their amortised cost using the effective interest rate method, less any provision for impairment. If the effect of the time value of money is immaterial, they are measured at cost less impairment.

	Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.

	Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.


	Financing transactions are measured at the present value of the future receipts discounted at a market rate of interest. They are subsequently measured at amortised costs using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

HOUSE AND CARRIAGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Impairment of non-financial assets

	At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss account.

	Stocks are assessed for impairment at each reporting date. The carrying amount of each item of stock, or group of similar items, is compared with its selling price less cost to complete and sell. If an item of stock, or group of similar items, is impaired its carrying amount is reduced to selling price less costs to complete and sell, and an impairment loss is recognised immediately in the profit and loss account.

	If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the profit and loss account.


	Stock

	Stock has been valued at the lower of cost and estimated selling price less cost to complete and sell, after making due allowance for obsolete and slow-moving items. Cost comprises the cost of goods purchased valued on a first in first out basis.

	The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.


	Debtors

	Short term debtors are measured at transaction price, less any impairment.

	Creditors

	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

HOUSE AND CARRIAGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Leases

	Leases are classified as finance leases when they transfer substantially all the risks and rewards of ownership of the leased assets to the company. Other leases that do not transfer substantially all the risks and rewards of ownership of the leased assets to the company are classified as operating leases.

	Payments applicable to operating leases are charged against profit on a straight line basis over the lease term.

	Taxation

	Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.

	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	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 taxable profits.

	Deferred tax is measured using 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.

	Current and deferred tax assets and liabilities are not discounted.

	Provisions

	A provision for annual leave accrued by employees as a result of services rendered in the current period, and which employees are entitled to carry forward and use is recognised. The provision is measured at the salary cost payable for the period of absence.

	Pensions

	The company operates a defined contribution pension scheme. The amount charged to the profit and loss account in respect of pension costs and other post-retirement benefits is the amount payable in the year. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments in the balance sheet.

3	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

	No significant accounting estimates and judgements have had to be made by the directors in preparing these financial statements.

HOUSE AND CARRIAGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025

4	EMPLOYEES

	The average number of persons employed by the company (including directors) during the year was:

						2025	2024
	Average number of employees					15	13


5	TANGIBLE ASSETS
		Leasehold improvements		Fixtures & fittings	Motor vehicles	Website	Total
			£	£	£	£	£
	Cost
	At 1 October 2024		40,784	187,095	307,036	17,404	552,319

	Additions		-	12,514	195,352	-	207,866

	Disposals		-	(3,450)	(53,131)	-	(56,581)


	At 30 September 2025		40,784	196,159	449,257	17,404	703,604


	Accumulated depreciation and impairments
	At 1 October 2024		31,939	152,662	236,951	17,404	438,956

	Charge for year		2,429	10,578	36,480	-	49,487

	Disposals		-	(2,538)	(50,866)	-	(53,404)


	At 30 September 2025		34,368	160,702	222,565	17,404	435,039


	Net book value
	At 1 October 2024		8,845	34,433	70,085	-	113,363


	At 30 September 2025		6,416	35,457	226,692	-	268,565


6	DEBTORS
						2025	2024
						£	£
	Trade debtors					9,782	10,953
	Prepayments and accrued income					71,584	69,774
	Other debtors					-	435


						81,366	81,162

HOUSE AND CARRIAGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025


7	CREDITORS: Amounts falling due within one year
			2025	2024
			£	£
	Trade creditors		39,593	50,563
	Taxation and social security		79,252	120,701
	Accruals and deferred income		63,772	58,603
	Other creditors		97,052	48,644


			279,669	278,511


8	CONTINGENCIES AND COMMITMENTS

	Other Commitments

	Amounts falling due under operating leases:		2025	2024
			£	£
	In less than one year		93,532	137,532
	In more than one but less than five years		358,128	362,128
	In more than five years		559,575	649,107


			1,011,235	1,148,767


9	RELATED PARTY TRANSACTIONS

	During the year, the following transactions with related parties took place:

	C J D Schmidt
	Director		2025	2024
			£	£
	Advances from director	The director has made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the director the following amount:	13,992	271


	T E Skelton
	Director		2025	2024
			£	£
	Advances from director	The director has made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the director the following amount:	28,157	16,576