Culworth Limited - Filleted accounts

Registered number

06092115

Culworth Limited

Filleted Accounts for the year ended

28 February 2026

Culworth Limited
Registered number:		06092115
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		4,566			6,670

Current assets
Cash at bank and in hand		92,313			54,810

Creditors: amounts falling due within one year	4	(81,694)			(56,156)

Net current assets/(liabilities)			10,619			(1,346)

Net assets			15,185			5,324

Capital and reserves
Called up share capital			1			1
Profit and loss account			15,184			5,323

Shareholder's funds			15,185			5,324

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr P Powell
Director
Approved by the board on 3 November 2026

Culworth Limited
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years
	Motor vehicles	over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 March 2025	14,676		8,200		22,876
	Additions	948		-		948
	Disposals	(4,467)		-		(4,467)
	At 28 February 2026	11,157		8,200		19,357

	Depreciation
	At 1 March 2025	8,006		8,200		16,206
	Charge for the year	3,052		-		3,052
	On disposals	(4,467)		-		(4,467)
	At 28 February 2026	6,591		8,200		14,791

	Net book value
	At 28 February 2026	4,566		-		4,566
	At 28 February 2025	6,670		-		6,670


4	Creditors: amounts falling due within one year			2026		2025
£					£

	Directors loan			78,131		54,028
	Taxation and social security costs			2,873		1,438
	Other creditors			690		690
				81,694		56,156

5	Transactions with director

	As at 28 February 2026 the director P Powell had loaned the company £78,131 (2025: £54,028) on an interest free basis with no set repayment date. This is included in creditors. During the year the director P Powell who also holds 100% of the share capital receivied dividends of £500 (2025 - £4,230).

6	Controlling party

	The ultimate controlling party is the director P Powell who holds 100% of the share capital.

7	Other information

	Culworth Limited is a private company limited by shares and incorporated in England. Its registered office is:
	91 Abbeville Road
	London
	SW4 9JL