CARTER JACE PROPERTIES LIMITED


Director	WATSON, Faye Louise


Registered Address	4 High Street
	Bishop's Stortford
	CM23 2LT


Registered Number	14212854 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	4		189,182		189,182
			189,182		189,182
Current assets
Cash at bank and on hand		123		776
		123		776
Creditors amounts falling due within one year	5	(179,870)		(179,293)
Net current assets (liabilities)			(179,747)		(178,517)
Total assets less current liabilities			9,435		10,665
Net assets			9,435		10,665
Capital and reserves
Called up share capital			1		1
Profit and loss account			9,434		10,664
Shareholders' funds			9,435		10,665

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 Director acknowledges 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 Director on 15 July 2026, and are signed on its behalf by:

WATSON, Faye Louise
Director
Registered Company No. 14212854

CARTER JACE PROPERTIES LIMITED

Notes to the Financial Statements
for the year ended 31 October 2025

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 accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 the sale of goods and from the rendering of services.

	Current 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.

Current 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.

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.

	Investment property
	Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Prior period adjustment
	During the year ended 31 October 2025 the comparative information brought forwards was amended in light of a previous entry against reserves of £13,000 which was reversed. As a result the profit and loss reserve has been increased by £13,000 and the directors loan account has been decreased by £13,000, which amended the balance sheet profit and loss balance brought forward 1 November 2023 from £465 to the correct figure of £13,465 and the comparative creditors: amounts due within one year figure from £189,293 to the correct figure of £176,293.

Prior period adjustment

During the year ended 31 October 2025 the comparative information brought forwards was amended in light of a previous entry against reserves of £13,000 which was reversed.  As a result the profit and loss reserve has been increased by £13,000 and the directors loan account has been decreased by £13,000, which amended the balance sheet profit and loss balance brought forward 1 November 2023 from £465 to the correct figure of £13,465 and the comparative creditors: amounts due within one year figure from £189,293 to the correct figure of £176,293.

4.	Investment property
	Fair value at 31 October 2025 is presented by: Valuation in 2025: £189,182


		£
	Fair value at 01 November 24	189,182
	At 31 October 25	189,182

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	3,000
Other creditors	179,870	176,293
Total	179,870	179,293

6.	Directors advances, credits and guarantees
	Included within creditors: amounts falling due within one year were loans from the director of £179,099 (2024: £175,299).The loans were interest free, with no fixed date for repayment.