Registration number:
Carrs Court Limited
for the Year Ended 31 March 2020
Carrs Court Limited
Contents
Company Information |
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Income & Expenditure |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Financial Statements |
Carrs Court Limited
Company Information
Directors |
K R Ray Mrs S Strang P W Smith Mr D M Asher Mrs G Benson |
Company secretary |
Retirement Security Limited |
Registered office |
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Auditors |
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Carrs Court Limited
Income & Expenditure for the Year Ended 31 March 2020
Note |
2020 |
2019 |
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Turnover |
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Administrative expenses |
( |
( |
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Operating result |
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|
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Income from other fixed asset investments |
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Other interest receivable and similar income |
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1,233 |
1,813 |
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Result before tax |
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Taxation |
( |
( |
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Result for the financial year |
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The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
Carrs Court Limited
(Registration number: 03047546)
Balance Sheet as at 31 March 2020
Note |
2020 |
2019 |
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Fixed assets |
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Other financial assets |
22,559 |
21,936 |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Total equity |
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These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income & Expenditure has been taken.
Approved and authorised by the
.........................................
Director
.........................................
Director
Carrs Court Limited
Statement of Changes in Equity for the Year Ended 31 March 2020
Share capital |
Income & Expenditure account |
Total |
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At 1 April 2019 |
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- |
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Result for the year |
- |
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Total comprehensive income |
- |
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Transfer to Fund for Future Maintenance |
- |
(74,298) |
(74,298) |
At 31 March 2020 |
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- |
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Share capital |
Income & Expenditure account |
Total |
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At 1 April 2018 |
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- |
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Result for the year |
- |
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Total comprehensive income |
- |
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Transfer to Fund for Future Maintenance |
- |
(40,363) |
(40,363) |
At 31 March 2019 |
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- |
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Carrs Court Limited
Notes to the Financial Statements for the Year Ended 31 March 2020
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
The principal place of business is:
Church Street
Wilmslow
Cheshire
SK9 1AW
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The presentation currency is £ sterling.
Audit report
Revenue recognition
Turnover comprises amounts receivable in respect of service provided. Income is recognised in the period when the service is provided.
Tax
The tax expense for the period comprises current tax. Tax is recognised in the Income & Expenditure account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Carrs Court Limited
Notes to the Financial Statements for the Year Ended 31 March 2020
Investments
Listed investments in shares are included at market value. Unlisted investments in shares are included at cost less impairment. Dividends received are included in the Income & Expenditure Account as received.
Stocks
Stocks have been valued at the lower of cost and estimated selling price less costs to sell.
Leases
Rentals payable under operating leases are charged to the Income & Expenditure Account on a straight line basis over the term of the lease.
Employee benefits
Short-term employee benefits, including holiday pay, are recognised as an expense in the Income & Expenditure Account in the period in which they are incurred.
The company operates a defined benefits contribution scheme. The assets of the scheme are held seperately from those of the company in an independently administered fund. The pension costs charge represents contribuions payable for the period by the company to the fund.
Financial instruments
Classification
Recognition and measurement
Fund for future maintenance
The company has an obligation to the owners to set aside such sums of money as the Company shall reasonably require to meet such future costs as it shall reasonably expect to incur in replacing, maintaining and renewing those items which it has covenanted to replace, maintain or renew as required by the lease agreement in place with the owners. The result of income over expenditure in the period is transferred to the fund for future maintenance for these future costs to be expended from.
Staff numbers |
The average number of persons employed by the company during the year, was
Carrs Court Limited
Notes to the Financial Statements for the Year Ended 31 March 2020
Other financial assets (current and non-current) |
Financial assets at cost less impairment |
Total |
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Non-current financial assets |
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Cost or valuation |
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At 1 April 2019 |
21,936 |
21,936 |
Revaluations |
623 |
623 |
At 31 March 2020 |
22,559 |
22,559 |
Impairment |
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Carrying amount |
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At 31 March 2020 |
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22,559 |
Stocks |
2020 |
2019 |
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Other inventories |
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Debtors |
2020 |
2019 |
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Trade debtors |
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Prepayments |
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Other debtors |
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Carrs Court Limited
Notes to the Financial Statements for the Year Ended 31 March 2020
Creditors |
Creditors: amounts falling due within one year
2020 |
2019 |
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Due within one year |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Fund for Future Maintenance |
144,558 |
116,768 |
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Share capital |
Allotted, called up and fully paid shares
2020 |
2019 |
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No. |
£ |
No. |
£ |
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47 |
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47 |
Financial commitments, guarantees and contingencies |
Amounts not provided for in the balance sheet
The total amount of financial commitments not included in the balance sheet is £