06299901falsethetare production2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-12-31http://www.companieshouse.gov.uk/cd:Director12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-01-012023-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-01-012023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-12-31http://www.companieshouse.gov.uk/2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/cd:FRS1022023-01-012023-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-01-012023-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06299901

Karais Limited

ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023

Prepared By:
Breckman & Company
Chartered Certified Accountants
49 South Molton Street
London
W1K 5LH

Karais Limited

ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
DIRECTORS
Adrian Braimer Jones
REGISTERED OFFICE
Office 303, 118 Piccadilly
London
W1J 7NW
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06299901
ACCOUNTANTS
Breckman & Company
Chartered Certified Accountants
49 South Molton Street
London
W1K 5LH

Karais Limited

ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Karais Limited

BALANCE SHEET AT 31 December 2023
20232022
Notes££
CURRENT ASSETS
Debtors32,038,2651,950,261
Current Asset Investments411
Cash at bank and in hand1,1889,525
2,039,4541,959,787
CREDITORS: Amounts falling due within one year513,790,93013,045,014
NET CURRENT LIABILITIES(11,751,476)(11,085,227)
TOTAL ASSETS LESS CURRENT LIABILITIES(11,751,476)(11,085,227)
CAPITAL AND RESERVES
Called up share capital611
Profit and loss account(11,751,477)(11,085,228)
SHAREHOLDERS' FUNDS(11,751,476)(11,085,227)
For the year ending 31 December 2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 7 February 2024 and signed on their behalf by
.............................
Adrian Braimer Jones
Director

Karais Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
2. EMPLOYEES
20232022
No.No.
Average number of employees--
3. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors192,092189,787
UK corporation tax154,493189,385
VAT27,57641,087
Amounts due from group companies1,664,1041,530,002
2,038,2651,950,261

Karais Limited

4. CURRENT ASSET INVESTMENTS
20232022
££
Other investments11
11
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Directors current account9,876,41110,884,218
Trade creditors31,126206,936
Other creditors3,332,2081,402,676
Accruals2,5002,500
Amounts due to group companies548,685548,684
13,790,93013,045,014
6. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1 Ordinary of £1 each11
11