Company registration number 10078125 (England and Wales)
SANZ CARTER LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
SANZ CARTER LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
SANZ CARTER LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Investment property
3
175,000
163,895
Current assets
Debtors
4
681
681
Cash at bank and in hand
3
3
684
684
Creditors: amounts falling due within one year
5
(140,259)
-
0
Net current (liabilities)/assets
(139,575)
684
Total assets less current liabilities
35,425
164,579
Creditors: amounts falling due after more than one year
6
-
0
(146,018)
Provisions for liabilities
(2,776)
-
Net assets
32,649
18,561
Capital and reserves
Called up share capital
8
3
3
Fair value reserve
9
8,329
-
0
Profit and loss reserves
24,317
18,558
Total equity
32,649
18,561
SANZ CARTER LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 2 -

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 20 July 2026 and are signed on its behalf by:
E M Carter
Director
Company registration number 10078125 (England and Wales)
SANZ CARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
1
Accounting policies
Company information

Sanz Carter Limited is a private company limited by shares incorporated in England and Wales. The registered office is 27 Applecroft Park Street, St Albans, Hertfordshire, AL2 2AP.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include investment property at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

SANZ CARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements 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.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

SANZ CARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
2
Employees

The average monthly number of persons employed by the company during the year was:

2026
2025
Number
Number
Total
0
0
3
Investment property
2026
£
Fair value
At 1 April 2025
163,895
Revaluations
11,105
At 31 March 2026
175,000

The investment property has been stated at its fair value at 31 March 2026 based on a valuation by the directors.

4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Other debtors
681
681
5
Creditors: amounts falling due within one year
2026
2025
£
£
Taxation and social security
1,351
-
0
Other creditors
138,908
-
0
140,259
-
0
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Other creditors
-
0
146,018
SANZ CARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -
7
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company:

Liabilities
Liabilities
2026
2025
Balances:
£
£
Accelerated capital allowances
2,776
-
2026
Movements in the year:
£
Liability at 1 April 2025
-
Charge to profit or loss
2,776
Liability at 31 March 2026
2,776
8
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
3
3
3
3
9
Fair value reserve
2026
2025
£
£
At the beginning of the year
-
-
Fair value adjustment to investment properties
8,329
-
At the end of the year
8,329
-
2026-03-31 2025-04-01 false false false 20 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity E M Carter B G Carter B G Carter 10078125 2025-04-01 2026-03-31 10078125 2026-03-31 10078125 2025-03-31 10078125 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 10078125 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 10078125 core:Non-currentFinancialInstruments core:AfterOneYear 2026-03-31 10078125 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 10078125 core:CurrentFinancialInstruments 2026-03-31 10078125 core:CurrentFinancialInstruments 2025-03-31 10078125 core:ShareCapital 2026-03-31 10078125 core:ShareCapital 2025-03-31 10078125 core:FurtherSpecificReserve1ComponentTotalEquity 2026-03-31 10078125 core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 10078125 core:RetainedEarningsAccumulatedLosses 2026-03-31 10078125 core:RetainedEarningsAccumulatedLosses 2025-03-31 10078125 core:ShareCapitalOrdinaryShareClass1 2026-03-31 10078125 core:ShareCapitalOrdinaryShareClass1 2025-03-31 10078125 bus:Director1 2025-04-01 2026-03-31 10078125 2024-04-01 2025-03-31 10078125 2025-03-31 10078125 core:Non-currentFinancialInstruments 2026-03-31 10078125 core:Non-currentFinancialInstruments 2025-03-31 10078125 bus:OrdinaryShareClass1 2025-04-01 2026-03-31 10078125 bus:OrdinaryShareClass1 2026-03-31 10078125 bus:OrdinaryShareClass1 2025-03-31 10078125 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 10078125 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 10078125 bus:FRS102 2025-04-01 2026-03-31 10078125 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 10078125 bus:Director2 2025-04-01 2026-03-31 10078125 bus:CompanySecretary1 2025-04-01 2026-03-31 10078125 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP