CARON HOLDINGS LTD


Directors	Claire Caron
	Dr Nicolas Caron


Registered Address	114 High Street
	Cranfield
	MK43 0DG


Registered Number	13748063 (England and Wales)

Balance Sheet as at
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		2,133,453		1,290,760
			2,133,453		1,290,760
Current assets
Debtors		1,162		800
Cash at bank and on hand		23,575		35,409
		24,737		36,209
Creditors amounts falling due within one year	4	(1,014,091)		(795,087)
Net current assets (liabilities)			(989,354)		(758,878)
Total assets less current liabilities			1,144,099		531,882
Creditors amounts falling due after one year	5		(1,128,084)		(515,327)
Net assets			16,015		16,555
Capital and reserves
Called up share capital			6		6
Profit and loss account			16,009		16,549
Shareholders' funds			16,015		16,555

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 Directors acknowledge 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 Board of Directors on 26 August 2026, and are signed on its behalf by:

Dr Nicolas Caron
Director
Registered Company No. 13748063

CARON HOLDINGS LTD

Notes to the Financial Statements
for the year ended 30 November 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.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover arises from Rents charged from letting the company's investment properties and are recognised net of losses from voids. Income is recognised from the date the property is first let.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are periodically valued using RICS open market valuation on a freehold basis and reviewed annually by the directors

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		2

3.	Investment property
	The investment properties were valued by the directors at 30 November 2025 on an open market value basis. Properties acquired during the year are carried at the consideration paid, which the directors consider approximates fair value at the reporting date. No independent professional valuation was obtained at the reporting date.


		£
	Fair value at 01 December 24	1,290,760
	Additions	842,693
	At 30 November 25	2,133,453

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	324
Taxation and social security	-	2,784
Other creditors	1,014,091	791,979
Total	1,014,091	795,087

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	1,128,084	515,327
Total	1,128,084	515,327


	Amounts falling due after one year are all mortgages secured against the company's investment property.

6.	Creditors: amounts due after 5 years
	The mortgage debt is repayable in full, 20 years from the date of property purchase. The first loan falls due for repayment in 2042.