Company Registration No. 13214941 (England and Wales)
Carlton Property (IOW) Ltd
Unaudited accounts
for the year ended 31 March 2026
Carlton Property (IOW) Ltd
Unaudited accounts
Contents
Carlton Property (IOW) Ltd
Company Information
for the year ended 31 March 2026
Director
Carl Brett Butler-Western
Company Number
13214941 (England and Wales)
Registered Office
Vision Accounting
Fortis House, Cothey Way
Ryde
Isle of Wight
PO33 1QT
United Kingdom
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
Carlton Property (IOW) Ltd
Statement of financial position
as at 31 March 2026
Investment property
1,250,000
1,250,000
Cash at bank and in hand
15,984
7,277
Creditors: amounts falling due within one year
(24,975)
(16,273)
Net current assets
452,130
420,570
Total assets less current liabilities
1,702,130
1,670,570
Creditors: amounts falling due after more than one year
(657,118)
(666,960)
Provisions for liabilities
Deferred tax
(159,758)
(159,758)
Net assets
885,254
843,852
Called up share capital
100
100
Profit and loss account
885,154
843,752
Shareholders' funds
885,254
843,852
For the year ending 31 March 2026 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 May 2026 and were signed on its behalf by
Carl Brett Butler-Western
Director
Company Registration No. 13214941
Carlton Property (IOW) Ltd
Notes to the Accounts
for the year ended 31 March 2026
Carlton Property (IOW) Ltd is a private company, limited by shares, registered in England and Wales, registration number 13214941. The registered office is Vision Accounting, Fortis House, Cothey Way, Ryde, Isle of Wight, PO33 1QT, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Carlton Property (IOW) Ltd
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
Fair value at 1 April 2025
1,250,000
At 31 March 2026
1,250,000
Recognised at market value, based on an independent report prepared by a mortgage lender.
Amounts falling due within one year
Amounts due from group undertakings etc.
457,704
425,704
Accrued income and prepayments
1,167
1,650
7
Creditors: amounts falling due within one year
2026
2025
Amounts owed to group undertakings and other participating interests
412
412
Loans from directors
22,110
13,418
8
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
657,118
666,960
Carlton Property (IOW) Ltd
Notes to the Accounts
for the year ended 31 March 2026
9
Transactions with related parties
Carlton Property (IOW) Ltd, being an associate company, has provided a loan to Carlton Developments (IOW) Ltd, a subsidiary within the group, totalling £270,954. The terms of the loan are not at arm’s length or on commercial terms.
Sunflower Developments (IOW) Ltd, being an associate company, has provided a loan to Carlton Property (IOW) Ltd, totalling £412. The terms of the loan are not at arm’s length or on commercial terms.
Carlton Property (IOW) Ltd advanced loans totalling £186,750 to RWS Developments (IOW) Ltd, a related party by common directors/ownership.
The loan is repayable on demand. Interest is charged on the outstanding balance, and RWS Developments (IOW) Ltd reimburses Carlton Property (IOW) Ltd monthly for the interest and capital element.
Carlton Holdings (IOW) Ltd is the parent company of Carlton Property (IOW) Ltd.
Carlton Holdings (IOW) Ltd is registered at Fortis House, Cothey Way, Ryde, Isle of Wight, PO33 1QT.
11
Average number of employees
During the year the average number of employees was 1 (2025: 1).