REGISTERED NUMBER: 07066008 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

CAROUSEL RIDES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L H Bishton

B E Graham

SECRETARY:

REGISTERED OFFICE:

21a Guildhall Drive

Station Road

Selston

Nottingham

NG16 6GJ

REGISTERED NUMBER:

07066008 (England and Wales)

ACCOUNTANTS:

SPOWAGE,TRUMAN & BISHOP

40D Seven Oaks Crescent

Bramcote

NOTTINGHAM

Nottinghamshire

NG9 3FW

FIXED ASSETS

Tangible assets

4

280,148

263,840

CURRENT ASSETS

Debtors

5

167,505

116,040

Cash at bank and in hand

314,594

353,521

482,099

469,561

CREDITORS

Amounts falling due within one year

6

112,303

138,568

NET CURRENT ASSETS

369,796

330,993

TOTAL ASSETS LESS CURRENT LIABILITIES

649,944

594,833

CREDITORS

Amounts falling due after more than one year

7

-

15,500

NET ASSETS

649,944

579,333

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

649,842

579,231

SHAREHOLDERS' FUNDS

649,944

579,333

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 7 April 2026 and were signed on its behalf by:

L H Bishton - Director

B E Graham - Director

1.	STATUTORY INFORMATION

Carousel Rides 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 5 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

373,765

193,564

594

567,923

Additions

62,500

-

-

62,500

Disposals

-

(20,000

)

-

(20,000

)

At 31 January 2026

436,265

173,564

594

610,423

DEPRECIATION

At 1 February 2025

181,831

121,658

594

304,083

Charge for year

25,026

12,974

-

38,000

Eliminated on disposal

-

(11,808

)

-

(11,808

)

At 31 January 2026

206,857

122,824

594

330,275

NET BOOK VALUE

At 31 January 2026

229,408

50,740

-

280,148

At 31 January 2025

191,934

71,906

-

263,840

5.

DEBTORS

31.1.26

31.1.25

£

£

Amounts falling due within one year:

Other debtors

57,365

-

Amounts falling due after more than one year:

Other debtors

110,140

116,040

Aggregate amounts

167,505

116,040

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade creditors

1

1

Taxation and social security

93,948

87,133

Other creditors

18,354

51,434

112,303

138,568

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Other creditors

-

15,500

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

£

L H Bishton

Balance outstanding at start of year

(1,680

)

(1,250

)

Amounts advanced

59,045

17,070

Amounts repaid

-

(17,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

57,365

(1,680

)

B E Graham

Balance outstanding at start of year

(4,424

)

(4,424

)

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(4,424

)

(4,424

)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is L H Bishton.