IRIS Accounts Production v23.3.1.45 10534579 director 1.2.23 31.1.24 31.1.24 false true false false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh105345792023-01-31105345792024-01-31105345792023-02-012024-01-31105345792022-01-31105345792022-02-012023-01-31105345792023-01-3110534579ns10:Originalns15:EnglandWales2023-02-012024-01-3110534579ns14:PoundSterlingns10:Original2023-02-012024-01-3110534579ns10:Originalns10:Director12023-02-012024-01-3110534579ns10:Original2023-02-012024-01-3110534579ns10:Original2024-01-3110534579ns10:Originalns10:PrivateLimitedCompanyLtd2023-02-012024-01-3110534579ns10:Originalns10:Micro-entities2023-02-012024-01-3110534579ns10:Originalns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3110534579ns10:Originalns10:FullAccounts2023-02-012024-01-3110534579ns10:Original2023-01-3110534579ns10:Originalns5:CurrentFinancialInstruments2024-01-3110534579ns10:Originalns5:CurrentFinancialInstruments2023-01-3110534579ns10:Originalns5:Non-currentFinancialInstruments2024-01-3110534579ns10:Originalns5:Non-currentFinancialInstruments2023-01-3110534579ns10:Originalns10:RegisteredOffice2023-02-012024-01-3110534579ns10:Original2022-02-012023-01-3110534579ns10:Original1ns10:Director12023-01-3110534579ns10:Original1ns10:Director12022-01-3110534579ns10:Original1ns10:Director12023-02-012024-01-3110534579ns10:Original1ns10:Director12022-02-012023-01-3110534579ns10:Original1ns10:Director12024-01-3110534579ns10:Original1ns10:Director12023-01-31
REGISTERED NUMBER: 10534579 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Kraken Contracts Ltd

Kraken Contracts Ltd (Registered number: 10534579)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Balance Sheet 1


Kraken Contracts Ltd (Registered number: 10534579)

Balance Sheet
31 January 2024

31.1.24 31.1.23
£    £   
FIXED ASSETS 46,903 22,973

CURRENT ASSETS 315,956 110,558

PREPAYMENTS AND ACCRUED INCOME 295 290

CREDITORS
Amounts falling due within one year (290,556 ) (101,421 )
NET CURRENT ASSETS 25,695 9,427
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,598

32,400

CREDITORS
Amounts falling due after more than one
year

(50,073

)

(28,723

)

ACCRUALS AND DEFERRED INCOME (2,430 ) (2,230 )
NET ASSETS 20,095 1,447

CAPITAL AND RESERVES 20,095 1,447

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Kraken Contracts Ltd 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: 10534579

Registered office: Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2023 - 1 ) .

Kraken Contracts Ltd (Registered number: 10534579)

Balance Sheet - continued
31 January 2024

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 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
M W Campion
Balance outstanding at start of year 33,632 80,577
Amounts advanced 40,920 34,165
Amounts repaid (33,632 ) (81,110 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 40,920 33,632

The loan was charged at the official HMRC interest rate and was repayable on demand.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 1 March 2024 and were signed by:





M W Campion - Director