Company Registration No. 06287516 (England and Wales)
The Caraires Consultancy Limited
Unaudited accounts
for the year ended 30 June 2022
The Caraires Consultancy Limited
Unaudited accounts
Contents
The Caraires Consultancy Limited
Company Information
for the year ended 30 June 2022
Directors
Sharon Lynn Aires
Nicola Jane Carrouche
Company Number
06287516 (England and Wales)
Registered Office
14 Cawston Lane
Dunchurch
Rugby
Warwickshire
CV22 6QE
Accountants
Cube Accounting Limited
Suite 3B & 3C, Davy Court
Castle Mound Way
Rugby
Warwickshire
CV23 0UZ
The Caraires Consultancy Limited
Statement of financial position
as at
30 June 2022
Tangible assets
78,977
79,505
Cash at bank and in hand
48,710
42,260
Creditors: amounts falling due within one year
(193,125)
(229,296)
Net current assets
161,329
164,580
Total assets less current liabilities
240,306
244,085
Creditors: amounts falling due after more than one year
(27,672)
(39,167)
Provisions for liabilities
Deferred tax
(5,809)
(5,654)
Net assets
206,825
199,264
Called up share capital
1,060
1,000
Profit and loss account
205,765
198,264
Shareholders' funds
206,825
199,264
For the year ending 30 June 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 January 2023 and were signed on its behalf by
Nicola Jane Carrouche
Director
Company Registration No. 06287516
The Caraires Consultancy Limited
Notes to the Accounts
for the year ended 30 June 2022
The Caraires Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 06287516. The registered office is 14 Cawston Lane, Dunchurch, Rugby, Warwickshire, CV22 6QE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the work performed.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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 accounts. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
33.33% Straight Line
Other tangible fixed assets
20% Reducing Balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The Caraires Consultancy Limited
Notes to the Accounts
for the year ended 30 June 2022
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2021
69,917
36,978
11,644
4,108
122,647
Additions
-
709
-
4,323
5,032
At 30 June 2022
69,917
37,687
11,644
8,431
127,679
At 1 July 2021
2,768
32,197
5,094
3,083
43,142
Charge for the year
1,343
1,000
1,637
1,580
5,560
At 30 June 2022
4,111
33,197
6,731
4,663
48,702
At 30 June 2022
65,806
4,490
4,913
3,768
78,977
At 30 June 2021
67,149
4,781
6,550
1,025
79,505
Amounts falling due within one year
Trade debtors
214,744
270,616
Other debtors
91,000
81,000
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,000
10,000
Taxes and social security
42,772
47,672
Other creditors
38,361
26,666
Loans from directors
284
202
7
Creditors: amounts falling due after more than one year
2022
2021
The Caraires Consultancy Limited
Notes to the Accounts
for the year ended 30 June 2022
8
Share capital
2022
2021
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
10 Ordinary A shares of £1 each
10
-
10 Ordinary B shares of £1 each
10
-
10 Ordinary C shares of £1 each
10
-
10 Ordinary D shares of £1 each
10
-
10 Ordinary E shares of £1 each
10
-
10 Ordinary F shares of £1 each
10
-
Shares issued during the period:
10 Ordinary A shares of £1 each
10
10 Ordinary B shares of £1 each
10
10 Ordinary C shares of £1 each
10
10 Ordinary D shares of £1 each
10
10 Ordinary E shares of £1 each
10
10 Ordinary F shares of £1 each
10
9
Operating lease commitments
2022
2021
At 30 June 2022 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
15,000
15,000
Later than one year and not later than five years
51,250
60,000
Later than five years
-
6,250
10
Transactions with related parties
During the year, an amount of £10,000 was loaned to a company with common directors. At the year end the outstanding balance totalled £91,000, this loan had not been repaid. There is no interest being charged on this loan.
11
Average number of employees
During the year the average number of employees was 68 (2021: 61).