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Registered number: 11842376
Carlton Colville Service Station Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11842376
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 9,000 12,000
Tangible Assets 5 185,046 181,113
194,046 193,113
CURRENT ASSETS
Stocks 6 64,543 59,690
Debtors 7 155,005 140,759
Cash at bank and in hand 175,167 134,990
394,715 335,439
Creditors: Amounts Falling Due Within One Year 8 (191,784 ) (185,989 )
NET CURRENT ASSETS (LIABILITIES) 202,931 149,450
TOTAL ASSETS LESS CURRENT LIABILITIES 396,977 342,563
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,264 ) (10,835 )
NET ASSETS 385,713 331,728
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 385,613 331,628
SHAREHOLDERS' FUNDS 385,713 331,728
Page 1
Page 2
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 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 Profit and Loss Account.
On behalf of the board
Mr R Stanton
Director
23 October 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Carlton Colville Service Station Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11842376 . The registered office is 3a Quay View Business Park, Barnards Way, Lowestoft, Suffolk, NR32 2HD.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Building Improvements 5% straight line
Plant & Machinery 20% reducing balance
Motor Vehicles 20% reducing balance
Computer Equipment 20% reducing balance
2.5. 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.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2025: 14)
15 14
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2025 30,000
As at 31 March 2026 30,000
Amortisation
As at 1 April 2025 18,000
Provided during the period 3,000
As at 31 March 2026 21,000
Net Book Value
As at 31 March 2026 9,000
As at 1 April 2025 12,000
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5. Tangible Assets
Land & Property
Building Improvements Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2025 131,200 78,273 22,641 12,206 244,320
Additions - 12,998 10,000 1,313 24,311
As at 31 March 2026 131,200 91,271 32,641 13,519 268,631
Depreciation
As at 1 April 2025 3,827 41,597 11,061 6,722 63,207
Provided during the period 6,560 8,882 3,736 1,200 20,378
As at 31 March 2026 10,387 50,479 14,797 7,922 83,585
Net Book Value
As at 31 March 2026 120,813 40,792 17,844 5,597 185,046
As at 1 April 2025 127,373 36,676 11,580 5,484 181,113
6. Stocks
2026 2025
£ £
Stock 56,436 48,801
Work in progress 8,107 10,889
64,543 59,690
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 131,420 119,577
Prepayments and accrued income 20,714 17,242
Sundry debtors 1,866 2,401
Staff parts 1,005 1,539
155,005 140,759
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8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 75,645 66,312
Other loans 28,241 37,022
Corporation tax 31,655 26,950
Other taxes and social security 10,203 7,454
VAT 15,509 17,385
Net wages 1,860 1,502
Other creditors 2,641 2,669
Accruals and deferred income 10,980 9,225
Directors' loan accounts 15,050 17,470
191,784 185,989
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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