REGISTERED NUMBER: 08322572 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Carole Waghorne Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs C A Waghorne

REGISTERED OFFICE:

9 Grove Court

Grove Park

Enderby

Leicester

LE19 1SA

REGISTERED NUMBER:

08322572 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Intangible assets

4

363,728

553,251

Tangible assets

5

111,309

83,337

Investments

6

606,074

423,679

1,081,111

1,060,267

CURRENT ASSETS

Debtors

7

79,210

96,103

Cash at bank and in hand

123,846

125,038

203,056

221,141

CREDITORS

Amounts falling due within one year

8

541,504

345,004

NET CURRENT LIABILITIES

(338,448

)

(123,863

)

TOTAL ASSETS LESS CURRENT LIABILITIES

742,663

936,404

CREDITORS

Amounts falling due after more than one year

9

228,688

366,571

NET ASSETS

513,975

569,833

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

11

4,894

-

Retained earnings

11

508,981

569,733

SHAREHOLDERS' FUNDS

513,975

569,833

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 May 2026 and were signed by:

Mrs C A Waghorne - Director

1.	STATUTORY INFORMATION

Carole Waghorne 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Carole Waghorne Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents a share of partnership profits, which are recognised in the period in which the profits were earned.

Goodwill

Goodwill is being amortised evenly over is estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

33% on cost

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Fixed asset investments

Unlisted investments are stated at cost less impairment as the fair value cannot be measured reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

1,280,936

AMORTISATION

At 1 November 2024

727,685

Charge for year

189,523

At 31 October 2025

917,208

NET BOOK VALUE

At 31 October 2025

363,728

At 31 October 2024

553,251

5.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 November 2024

172,235

899

173,134

Additions

88,588

2,540

91,128

Disposals

(85,934

)

-

(85,934

)

At 31 October 2025

174,889

3,439

178,328

DEPRECIATION

At 1 November 2024

88,898

899

89,797

Charge for year

60,168

601

60,769

Eliminated on disposal

(83,547

)

-

(83,547

)

At 31 October 2025

65,519

1,500

67,019

NET BOOK VALUE

At 31 October 2025

109,370

1,939

111,309

At 31 October 2024

83,337

-

83,337

6.	FIXED ASSET INVESTMENTS

Shares in

group

Listed

Unlisted

undertakings

investments

investments

Totals

£

£

£

£

COST OR VALUATION

At 1 November 2024

1

-

423,678

423,679

Additions

-

149,750

27,751

177,501

Revaluations

-

4,894

-

4,894

At 31 October 2025

1

154,644

451,429

606,074

NET BOOK VALUE

At 31 October 2025

1

154,644

451,429

606,074

At 31 October 2024

1

-

423,678

423,679

Cost or valuation at 31 October 2025 is represented by:

Shares in

group

Listed

Unlisted

undertakings

investments

investments

Totals

£

£

£

£

Valuation in 2025

1

154,644

451,429

606,074

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

601,178

423,678

In the prior year, the company entered in to a tripartite agreement, such that the assets of an unlisted investment (which was placed in to a members' voluntary liquidation) were transferred to CW 2016 Limited (a company in which Carole Waghorne Limited is a 100% shareholder) in exchange for 381,118 £1 Ordinary shares.

CW 2016 Limited then distributed the assets by way of a dividend in specie to the company and the investment in CW 2016 Limited was subsequently written down.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

79,210

96,103

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

133,406

133,314

Hire purchase contracts

23,949

22,446

Tax

125,311

70,136

Social security and other taxes

181

157

Other creditors

130

139

Director's current account

256,327

116,510

Accrued expenses

2,200

2,302

541,504

345,004

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans - 1-2 years

33,039

138,631

Other loans - 2-5 years

69,384

117,796

Hire purchase contracts

126,265

110,144

228,688

366,571

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

150,214

132,590

Assets held under hire purchase contracts are secured against the assets to which they relate to.

11.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 November 2024

569,733

-

569,733

Profit for the year

306,623

306,623

Dividends

(362,481

)

(362,481

)

Revaluation adjustment

(4,894

)

4,894

-

At 31 October 2025

508,981

4,894

513,875