IRIS Accounts Production v23.3.1.45 12020931 director 1.6.22 31.5.23 31.5.23 false true false false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh120209312022-05-31120209312023-05-31120209312022-06-012023-05-31120209312021-05-31120209312021-06-012022-05-31120209312022-05-3112020931ns10:Originalns15:EnglandWales2022-06-012023-05-3112020931ns14:PoundSterlingns10:Original2022-06-012023-05-3112020931ns10:Originalns10:Director12022-06-012023-05-3112020931ns10:Original2022-06-012023-05-3112020931ns10:Original2023-05-3112020931ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3112020931ns10:Originalns10:Micro-entities2022-06-012023-05-3112020931ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3112020931ns10:Originalns10:FullAccounts2022-06-012023-05-3112020931ns10:Original2022-05-3112020931ns10:Originalns5:CurrentFinancialInstruments2023-05-3112020931ns10:Originalns5:CurrentFinancialInstruments2022-05-3112020931ns10:Originalns5:Non-currentFinancialInstruments2023-05-3112020931ns10:Originalns5:Non-currentFinancialInstruments2022-05-3112020931ns10:Originalns10:RegisteredOffice2022-06-012023-05-3112020931ns10:Original2021-06-012022-05-3112020931ns10:Original1ns10:Director12022-05-3112020931ns10:Original1ns10:Director12021-05-3112020931ns10:Original1ns10:Director12022-06-012023-05-3112020931ns10:Original1ns10:Director12021-06-012022-05-3112020931ns10:Original1ns10:Director12023-05-3112020931ns10:Original1ns10:Director12022-05-31
REGISTERED NUMBER: 12020931 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

KARPION LIMITED

KARPION LIMITED (Registered number: 12020931)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Balance Sheet 1


KARPION LIMITED (Registered number: 12020931)

Balance Sheet
31 May 2023

31.5.23 31.5.22
£    £    £    £   
FIXED ASSETS 2,852 1,618

CURRENT ASSETS 337,075 326,192

CREDITORS
Amounts falling due within one year (167,422 ) (148,444 )
NET CURRENT ASSETS 169,653 177,748
TOTAL ASSETS LESS CURRENT
LIABILITIES

172,505

179,366

CREDITORS
Amounts falling due after more than
one year

(41,667

)

(49,167

)

ACCRUALS AND DEFERRED INCOME - (8,500 )
NET ASSETS 130,838 121,699

CAPITAL AND RESERVES 130,838 121,699

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

KARPION LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12020931

Registered office: Kemp House
152-160 City Road
London
EC1V 2NX

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2022 - 1 ) .

KARPION LIMITED (Registered number: 12020931)

Balance Sheet - continued
31 May 2023

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2023 and 31 May 2022:

31.5.23 31.5.22
£    £   
George Zhuravlov
Balance outstanding at start of year 194,830 85,723
Amounts advanced - 109,107
Amounts repaid (126,276 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 68,554 194,830

LOANS TO DIRECTOR
At the year-end, the company was owed £68,554 (2022: £194,830) by the company Director. Interest of 2% and 2.25% accrued on the loans. The loans are repayable on demand.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 29 February 2024 and were signed by:




George Zhuravlov - Director