Company No: 13233417 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Andrea Felicity Carr
	Richard Cooper

REGISTERED OFFICE	C/O Praxis 1
	Poultry
	London
	EC2R 8EJ
	England
	United Kingdom

COMPANY NUMBER

13233417 (England and Wales)

CHARTERED ACCOUNTANTS	Praxis
	1 Poultry
	London
	EC2R 8EJ
	United Kingdom

	Note	31.03.2023		28.02.2022
		£		£
Fixed assets
Tangible assets	3	58,273		617
		58,273		617
Current assets
Debtors	4	10,471		0
Cash at bank and in hand		22,741		4,025
		33,212		4,025
Creditors: amounts falling due within one year	5	( 58,725)		( 14,217)
Net current liabilities		(25,513)		(10,192)
Total assets less current liabilities		32,760		(9,575)
Net assets/(liabilities)		32,760		( 9,575)
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		32,660		( 9,675 )
Total shareholders' funds/(deficit)		32,760		( 9,575)

For the financial period ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Carr-Cooper Limited (registered number: 13233417) were approved and authorised for issue by the Board of Directors on 23 November 2023. They were signed on its behalf by:

Andrea Felicity Carr Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Carr-Cooper Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Praxis 1, Poultry, London, EC2R 8EJ, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

These financial statements are presented for a period longer than one year. The reason for this is that the directors opted to align the Company's accounting reference date to the personal tax year. Consequently, comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	Period from 01.03.2022 to 31.03.2023		Period from 27.02.2021 to 28.02.2022
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	2		0

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 March 2022	822		822
Additions	64,590		64,590
At 31 March 2023	65,412		65,412
Accumulated depreciation
At 01 March 2022	205		205
Charge for the financial period	6,934		6,934
At 31 March 2023	7,139		7,139
Net book value
At 31 March 2023	58,273		58,273
At 28 February 2022	617		617

4. Debtors

	31.03.2023		28.02.2022
	£		£
Trade debtors	10,471		0

5. Creditors: amounts falling due within one year

	31.03.2023		28.02.2022
	£		£
Trade creditors	2,190		0
Taxation and social security	7,007		68
Other creditors	49,528		14,149
	58,725		14,217

There are no amounts included above in respect of which any security has been given by the small entity.

Amounts owed to directors totalling £47,603 (2022: £12,399) are included within other creditors. These are repayable on demand and do not bear interest.

6. Called-up share capital

	31.03.2023		28.02.2022
	£		£
Allotted, called-up and fully-paid
35 Ordinary A shares of £ 1.00 each	35		35
35 Ordinary B shares of £ 1.00 each	35		35
10 Ordinary C shares of £ 1.00 each	10		10
10 Ordinary D shares of £ 1.00 each	10		10
10 Ordinary E shares of £ 1.00 each	10		10
	100		100

7. Financial commitments

The Company had no material capital commitments at the period ended 31 March 2023.

8. Events after the Balance Sheet date

There have been no events after the balance sheet date affecting the Company since the financial period.