REGISTERED NUMBER: 12983988 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

CARCHAT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M S Goodwin

REGISTERED OFFICE:

16 Silk Street

Congleton

Cheshire

CW12 4DH

REGISTERED NUMBER:

12983988 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Tangible assets

4

169,557

181,994

CURRENT ASSETS

Debtors

5

805,097

534,031

Cash at bank and in hand

12,688

820

817,785

534,851

CREDITORS

Amounts falling due within one year

6

163,948

120,487

NET CURRENT ASSETS

653,837

414,364

TOTAL ASSETS LESS CURRENT LIABILITIES

823,394

596,358

CREDITORS

Amounts falling due after more than one year

7

(94,582

)

(91,768

)

PROVISIONS FOR LIABILITIES

8

(23,596

)

(20,735

)

NET ASSETS

705,216

483,855

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

705,215

483,854

SHAREHOLDERS' FUNDS

705,216

483,855

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23 September 2026 and were signed by:

M S Goodwin - Director

1.	STATUTORY INFORMATION

Carchat Ltd 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 etc

-

33% on cost, 25% on cost and 25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and any provision for impairment in value.

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.

Going concern

The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 November 2024

5,059

190,488

12,985

208,532

Additions

396

76,562

2,478

79,436

Disposals

-

(52,838

)

-

(52,838

)

At 31 October 2025

5,455

214,212

15,463

235,130

DEPRECIATION

At 1 November 2024

787

19,846

5,905

26,538

Charge for year

1,356

36,938

4,394

42,688

Eliminated on disposal

-

(3,653

)

-

(3,653

)

At 31 October 2025

2,143

53,131

10,299

65,573

NET BOOK VALUE

At 31 October 2025

3,312

161,081

5,164

169,557

At 31 October 2024

4,272

170,642

7,080

181,994

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Other debtors

46,250

46,250

Monies owed from related undertakings

702,510

427,091

Directors' current accounts

50,344

57,324

VAT

5,993

3,366

805,097

534,031

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Hire purchase contracts

27,275

21,120

Tax

126,129

90,888

Social security and other taxes

954

640

Other creditors

1,948

146

Accrued expenses

7,642

7,693

163,948

120,487

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/25

31/10/24

£

£

Hire purchase contracts

94,582

91,768

8.	PROVISIONS FOR LIABILITIES

31/10/25

31/10/24

£

£

Deferred tax

23,596

20,735

Deferred

tax

£

Balance at 1 November 2024

20,735

Charge to Income Statement during year

2,861

Balance at 31 October 2025

23,596

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/25

31/10/24

value:

£

£

1

Ordinary

£1

1

1

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

31/10/25

31/10/24

£

£

M S Goodwin

Balance outstanding at start of year

57,324

21,453

Amounts advanced

84,220

77,071

Amounts repaid

(91,200

)

(41,200

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

50,344

57,324

Interest has been charged on the overdrawn director's loan at a rate of 2.25% per annum to the 5th April 2025 and then charged at a rate of 3.75% thereafter.

11.	RELATED PARTY DISCLOSURES

During the year to 31 October 2025, monies were loaned to the company from High Peak Autos Ltd, a company registered in England & Wales and under common control.

As at 31 October 2025, the balance outstanding from High Peak Autos Ltd was £10,064 (2024: £22,195).

The loan is repayable on demand and no interest is charged on outstanding amounts.

During the year to 31 October 2025, monies were loaned to the company from High Peak Apparel Ltd, a company registered in England & Wales and under common control.

As at 31 October 2025, the balance owing to High Peak Apparel Ltd was £1,622 (2024: £12).

The loan is repayable on demand and no interest is charged on outstanding amounts.

In addition, during the year to 31 October 2025, monies were loaned to and repaid by Millrose Holdings Limited, a company registered in England & Wales and under common control. Millrose Holdings Limited also charged the company £12,000 excl. VAT in rent and £5,000 excl. VAT in management charges during the year.

As at 31 October 2025, the balance outstanding from Millrose Holdings Ltd was £692,446 (2024: £404,896).

The loan is repayable on demand and no interest is charged on outstanding amounts.