Carousel Property Developments Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 16031626

		30 September 2025
	Notes	£	£
FIXED ASSETS
Investment Properties	4		120,000

			120,000
CURRENT ASSETS
Stocks	5	30,000
Debtors	6	69,792
Cash at bank and in hand		34,580

		134,372
Creditors: Amounts Falling Due Within One Year	7	(116,378 )

NET CURRENT ASSETS (LIABILITIES)			17,994

TOTAL ASSETS LESS CURRENT LIABILITIES			137,994

Creditors: Amounts Falling Due After More Than One Year	8		(114,970 )

NET ASSETS			23,024

CAPITAL AND RESERVES
Called up share capital	9		100
Income Statement			22,924

SHAREHOLDERS' FUNDS			23,024

Page 1

Page 2

Carousel Property Developments Ltd

Statement of Financial Position (continued)

As At 30 September 2025

For the period ending 30 September 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr A Sankey

Director

08/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Carousel Property Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 16031626 . The registered office is The Junction , Charles Street, Horbury, Wakefield, WF4 5FH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the period was: NIL

Page 3

Page 4

Carousel Property Developments Ltd

Notes to the Financial Statements (continued)

For the Period 21 October 2024 to 30 September 2025

4. Investment Property

	30 September 2025
	£
Fair Value
As at 21 October 2024	-
Additions	94,000
Revaluations	26,000

As at 30 September 2025	120,000

The fair value of the investment property has been determined by recent market prices of similar properties in the area.

5. Stocks

	30 September 2025
	£
Work in progress	30,000

6. Debtors

	30 September 2025
	£
Due within one year
Trade debtors	30,000
Other debtors	39,792

	69,792

7. Creditors: Amounts Falling Due Within One Year

	30 September 2025
	£
Trade creditors	2
Other loans	78,500
Other creditors	37,876

	116,378

Page 4

Page 5

Carousel Property Developments Ltd

Notes to the Financial Statements (continued)

For the Period 21 October 2024 to 30 September 2025

8. Creditors: Amounts Falling Due After More Than One Year

	30 September 2025
	£
Bank loans	89,970
Other loans	25,000

	114,970

9. Share Capital

	30 September 2025
	£
Allotted, Called up and fully paid	100

Page 5