CARIVE LIMITED

Company Registration Number:
NI034960 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 November 2021

Period of accounts

Start date: 01 December 2020

End date: 30 November 2021

CARIVE LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2021

Balance sheet
Notes

CARIVE LIMITED

Balance sheet

As at 30 November 2021


Notes

2021

2020


£

£
Fixed assets
Tangible assets: 3 560,061 611,450
Total fixed assets: 560,061 611,450
Current assets
Stocks: 149,024 113,491
Debtors:   188,757 167,870
Cash at bank and in hand: 940,729 960,825
Total current assets: 1,278,510 1,242,186
Creditors: amounts falling due within one year:   (530,709) (404,237)
Net current assets (liabilities): 747,801 837,949
Total assets less current liabilities: 1,307,862 1,449,399
Creditors: amounts falling due after more than one year: 4 (636,345) (906,522)
Provision for liabilities: (22,407) (21,557)
Total net assets (liabilities): 649,110 521,320
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 649,108 521,318
Shareholders funds: 649,110 521,320

The notes form part of these financial statements

CARIVE LIMITED

Balance sheet statements

For the year ending 30 November 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 August 2022
and signed on behalf of the board by:

Name: Conor McKibbin
Status: Director

The notes form part of these financial statements

CARIVE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:Sales Turnover represents amounts receivable for goods and services in the normal course of business.The principal activities of the company are to carry on the business of an Off Licence, Shop and Petrol Station.

CARIVE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2021

2. Employees

2021 2020
Average number of employees during the period 29 29

CARIVE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2021

3. Tangible Assets

Total
Cost £
At 01 December 2020 1,720,461
Additions 25,436
Disposals (52,527)
At 30 November 2021 1,693,370
Depreciation
At 01 December 2020 1,109,011
Charge for year 55,443
On disposals (31,145)
At 30 November 2021 1,133,309
Net book value
At 30 November 2021 560,061
At 30 November 2020 611,450

CARIVE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2021

4. Creditors: amounts falling due after more than one year note

Amounts due after 1 Year and not later than 5 Years £636,345 (2020 £906,522)

CARIVE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2021

5. Related party transactions

During the year the company paid rent of £31,900 (2020 £21,200) to the directors.