Caroline Partners Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09072043 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2019

FOR

CAROLINE PARTNERS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P G Atherton

Mrs S L Rowe

Mrs C E Menzies

REGISTERED OFFICE:

Unit 1.1

Paintworks

Bath Road

Bristol

BS4 3EH

REGISTERED NUMBER:

09072043 (England and Wales)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

CURRENT ASSETS

Debtors

4

4,125

1,702

Cash at bank

-

8,495

4,125

10,197

CREDITORS

Amounts falling due within one year

5

800

6,642

NET CURRENT ASSETS

3,325

3,555

TOTAL ASSETS LESS CURRENT LIABILITIES

3,325

3,555

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

3,225

3,455

SHAREHOLDERS' FUNDS

3,325

3,555

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 and authorised for issue on 1 July 2020 and were signed on its behalf by:

P G Atherton - Director

1.	STATUTORY INFORMATION

Caroline Partners 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2018 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Other debtors

4,125

1,702

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade creditors

-

2,699

Taxation and social security

-

1,708

Other creditors

800

2,235

800

6,642

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.19

31.12.18

value:

£

£

70

Ordinary A

£1

70

70

30

Ordinary B

£1

30

30

100

100

7.

RESERVES

Retained

earnings

£

At 1 January 2019

3,455

Deficit for the year

(230

)

At 31 December 2019

3,225

8.	RELATED PARTY DISCLOSURES

During the year, the company made sales of £nil (2018: £16,641) and purchases of £nil

(2018: £-8595) to and from Ignition DG Limited, an associated company.

At the year end, a balance was included in other debtors of £4,125 (2018: £nil) owing to The

Istoria Group Ltd, the company's parent.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs C E Menzies.

10.	ULTIMATE PARENT COMPANY

The ultimate parent company is The Istoria Group Limited (previously Blue Flint Group

Limited).