REGISTERED NUMBER: 03111068 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2025

FOR

CARDEN CROFT & CO LTD

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

8

DIRECTORS:

Mr S D Carden

Mr D J Croft

SECRETARY:

Mr D J Croft

REGISTERED OFFICE:

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

REGISTERED NUMBER:

03111068 (England and Wales)

AUDITORS:

Allens Accountants Limited

Statutory Auditor and

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

FIXED ASSETS

Tangible assets

4

1,995

2,659

Investments

5

1,094,548

1,157,004

1,096,543

1,159,663

CURRENT ASSETS

Debtors

6

717,709

578,256

Cash at bank and in hand

197,367

243,232

915,076

821,488

CREDITORS

Amounts falling due within one year

7

150,071

289,793

NET CURRENT ASSETS

765,005

531,695

TOTAL ASSETS LESS CURRENT LIABILITIES

1,861,548

1,691,358

PROVISIONS FOR LIABILITIES

8

2,280

-

NET ASSETS

1,859,268

1,691,358

CAPITAL AND RESERVES

Called up share capital

9

100

100

Fair value reserve

10

23,610

-

Retained earnings

1,835,558

1,691,258

SHAREHOLDERS' FUNDS

1,859,268

1,691,358

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 28th July 2026 and were signed on its behalf by:

Mr D J Croft - Director

1.	STATUTORY INFORMATION

Carden Croft & Co 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.

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.

Revenue recognition

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration receivable and represents the total amount receivable by the company for services provided in the normal course of business, excluding value added tax and trade discounts. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

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

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangement entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

The directors continually monitor turnover, profitability and cashflows to ensure the company remains able to meet it's ongoing liabilities as and when they fall. The directors also produce budgets and forecasts to ensure the company continues to generate profits and positive cashflows into the future. On this basis, the directors are satisfied that there are no material uncertainties and therefore it is appropriate to prepare the financial statements on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st November 2024

and 31st October 2025

12,629

DEPRECIATION

At 1st November 2024

9,970

Charge for year

664

At 31st October 2025

10,634

NET BOOK VALUE

At 31st October 2025

1,995

At 31st October 2024

2,659

5.	FIXED ASSET INVESTMENTS

2025

2024

£

£

Shares in group undertakings

178,037

257,004

Loans to group undertakings

400,000

400,000

Other investments not loans

516,511

500,000

1,094,548

1,157,004

Additional information is as follows:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1st November 2024

257,004

500,000

757,004

Revaluations

-

31,480

31,480

Impairments

(78,967

)

-

(78,967

)

Income and charges

-

(14,969

)

(14,969

)

At 31st October 2025

178,037

516,511

694,548

NET BOOK VALUE

At 31st October 2025

178,037

516,511

694,548

At 31st October 2024

257,004

500,000

757,004

Cost or valuation at 31st October 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2025

-

31,480

31,480

Cost

178,037

485,031

663,068

178,037

516,511

694,548

Loans to

group

undertakings

£

At 1st November 2024

and 31st October 2025

400,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

696,967

471,576

Other debtors

20,742

106,680

717,709

578,256

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

18,899

32,538

Taxation and social security

59,054

94,104

Other creditors

72,118

163,151

150,071

289,793

8.	PROVISIONS FOR LIABILITIES

2025

£

Deferred tax

2,280

Deferred

tax

£

Balance at 1st November 2024

(5,813

)

Provided during year

8,093

Balance at 31st October 2025

2,280

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Fair

value

reserve

£

Reserves transfer

23,610

At 31st October 2025

23,610

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Dean McMullan (Senior Statutory Auditor)

for and on behalf of Allens Accountants Limited

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Carden Croft (2012) Limited.