REGISTERED NUMBER: 11512972 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Carless & Adams Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M L Magee

Mr G S Morris

REGISTERED OFFICE:

6 Progress Business Centre

Whittle Parkway

Bath Road

Slough

Berkshire

SL1 6DQ

REGISTERED NUMBER:

11512972 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

TOR

Saint-Cloud Way

Maidenhead

Berkshire

SL6 8BN

FIXED ASSETS

Intangible assets

4

7,292

10,092

Tangible assets

5

46,663

29,819

53,955

39,911

CURRENT ASSETS

Stocks

79,084

53,024

Debtors

6

289,795

368,977

Cash at bank

347,471

192,179

716,350

614,180

CREDITORS

Amounts falling due within one year

7

(323,964

)

(313,847

)

NET CURRENT ASSETS

392,386

300,333

TOTAL ASSETS LESS CURRENT LIABILITIES

446,341

340,244

PROVISIONS FOR LIABILITIES

(9,765

)

(5,916

)

NET ASSETS

436,576

334,328

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

436,476

334,228

436,576

334,328

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2026 and were signed on its behalf by:

Mrs M L Magee - Director

1.	STATUTORY INFORMATION

Carless & Adams 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The company does not make significant estimates and assumptions concerning the future.

Turnover

The turnover shown in the profit and loss account represents the value of all services delivered during the year, at selling price exclusive of Value Added Tax. Sales are recognised at the point at which the company has fulfilled its contractual obligations to the customer.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

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

Improvements to property

-

25% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Tangible assets are included at cost less depreciation and impairment.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

The work in progress figure represents the percentage of work that has been completed based on the quoted fee against what has already been invoiced.

Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2025 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2025

and 31 March 2026

11,200

AMORTISATION

At 1 April 2025

1,108

Charge for year

2,800

At 31 March 2026

3,908

NET BOOK VALUE

At 31 March 2026

7,292

At 31 March 2025

10,092

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

91,673

Additions

39,133

At 31 March 2026

130,806

DEPRECIATION

At 1 April 2025

61,854

Charge for year

22,289

At 31 March 2026

84,143

NET BOOK VALUE

At 31 March 2026

46,663

At 31 March 2025

29,819

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

251,404

332,978

Other debtors

38,391

35,999

289,795

368,977

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

12,076

50,100

Trade creditors

22,576

15,901

Taxation and social security

186,676

167,353

Other creditors

102,636

80,493

323,964

313,847

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.26

31.3.25

£

£

Within one year

38,780

38,780

Between one and five years

155,120

155,120

In more than five years

61,402

100,182

255,302

294,082

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

Mrs M L Magee

Balance outstanding at start of year

7,034

(1,646

)

Amounts advanced

97,973

53,826

Amounts repaid

(88,000

)

(45,146

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

17,007

7,034

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs M L Magee.