CARLINGNOSE HOLDINGS LIMITED


Director	Phil George Drysburgh


Registered Address	Pierce Chartered Accountants
	Ainsworth Street
	Blackburn


Registered Number	08246372 (England and Wales)

Balance Sheet as at
31 May 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		21,283		27,816
Investment property	4		250,001		250,001
			271,284		277,817
Current assets
Stocks		13,212		15,827
Debtors	5	29,630		28,492
Cash at bank and on hand		199,068		176,459
		241,910		220,778
Creditors amounts falling due within one year	6	(55,467)		(5,727)
Net current assets (liabilities)			186,443		215,051
Total assets less current liabilities			457,727		492,868
Net assets			457,727		492,868
Capital and reserves
Called up share capital			57,002		57,002
Revaluation reserve			290,228		290,228
Profit and loss account			110,497		145,638
Shareholders' funds			457,727		492,868

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 Director acknowledges 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 Director on 29 September 2026, and are signed on its behalf by:

Phil George Drysburgh
Director
Registered Company No. 08246372

CARLINGNOSE HOLDINGS LIMITED

Notes to the Financial Statements
for the year ended 31 May 2026

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.

	Turnover policy
	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 rents receivable.

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions payable to the companys pension scheme are charged to profit or loss in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 

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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. 

Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixed assets are stated at cost, being purchase price, less accumulated depreciation.


	Reducing balance (%)	Straight line (years)
Plant and machinery	25	-
Vehicles	25	-
Office Equipment	-	3

	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 at the reporting end date. Changes in fair value are recognised in profit or loss.

	Stocks and work in progress
	Stock and work in progress are valued at the lower of cost and net realisable value.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 June 25	12,736	36,099	291	49,126
Additions	533	-	-	533
At 31 May 26	13,269	36,099	291	49,659
Depreciation and impairment
At 01 June 25	5,245	15,973	92	21,310
Charge for year	1,937	5,032	97	7,066
At 31 May 26	7,182	21,005	189	28,376
Net book value
At 31 May 26	6,087	15,094	102	21,283
At 31 May 25	7,491	20,126	199	27,816

4.	Investment property
	Investment property comprises the freehold property at Myregormie Place, Mitchelston Industrial Estate, Kirkcaldy, Fife, Scotland. The fair value of the investment property has been arrived at on the basis of a director's valuation carried out in May 2021. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.


		£
	Fair value at 01 June 25	250,001
	At 31 May 26	250,001

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	18,023	5,366
Other debtors	7,118	20,451
Prepayments and accrued income	4,489	2,675
Total	29,630	28,492

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	3,679	3,531
Taxation and social security	1,635	634
Other creditors	48,662	137
Accrued liabilities and deferred income	1,491	1,425
Total	55,467	5,727