Carpleton Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04063273 (England and Wales)

Financial Statements for the Year Ended 30 September 2019

for

CARPLETON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D R Hulin

Mrs R Hulin

SECRETARY:

Mrs R Hulin

REGISTERED OFFICE:

Kingsbridge House

Norleaze

WESTBURY

Wiltshire

BA13 4LQ

REGISTERED NUMBER:

04063273 (England and Wales)

ACCOUNTANTS:

Blomfields

The Courtyard

33 Duke Street

Trowbridge

Wiltshire

BA14 8EA

FIXED ASSETS

Tangible assets

4

68,115

58,013

Investment property

5

236,592

236,592

304,707

294,605

CURRENT ASSETS

Debtors

6

217,426

242,366

Cash at bank

7,214

2,607

224,640

244,973

CREDITORS

Amounts falling due within one year

7

56,201

63,415

NET CURRENT ASSETS

168,439

181,558

TOTAL ASSETS LESS CURRENT LIABILITIES

473,146

476,163

CREDITORS

Amounts falling due after more than one year

8

-

(18,693

)

PROVISIONS FOR LIABILITIES

(11,022

)

(11,022

)

NET ASSETS

462,124

446,448

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

462,122

446,446

462,124

446,448

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 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 on 14 January 2020 and were signed on its behalf by:

D R Hulin - Director

1.	STATUTORY INFORMATION

Carpleton 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

When the outcome of a transaction can be estimated reliably, turnover from provision of site preparation

services is recognised by reference to the stage of completion at the balance sheet date

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

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

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.

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 3 (2018 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2018

450,586

Additions

13,748

At 30 September 2019

464,334

DEPRECIATION

At 1 October 2018

392,573

Charge for year

3,646

At 30 September 2019

396,219

NET BOOK VALUE

At 30 September 2019

68,115

At 30 September 2018

58,013

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2018

and 30 September 2019

236,592

NET BOOK VALUE

At 30 September 2019

236,592

At 30 September 2018

236,592

Fair value at 30 September 2019 is represented by:

£

Valuation in 2017

2,366

Valuation in 2018

(3,408

)

(1,042

)

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

INVESTMENT PROPERTY

'COST' ACCOUNT TOTAL

Cost/valuation b/f

236,592

236,592

CLIENT SCREEN TOTAL

=

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

17,064

17,004

Other debtors

200,362

225,362

217,426

242,366

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Hire purchase contracts and finance leases

29,675

34,320

Trade creditors

5,762

5,762

Taxation and social security

19,935

22,039

Other creditors

829

1,294

56,201

63,415

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Hire purchase contracts and finance leases

-

18,693

9.	RELATED PARTY DISCLOSURES