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REGISTERED NUMBER: 10844026 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 June 2023

for

Krum Limited

Krum Limited (Registered number: 10844026)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Krum Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: Mr O K Ivanov





REGISTERED OFFICE: 97 The Boulevard
Ellesmere Port
Cheshire
CH65 7DY





REGISTERED NUMBER: 10844026 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Krum Limited (Registered number: 10844026)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,088 2,456

CURRENT ASSETS
Cash at bank 30 72

CREDITORS
Amounts falling due within one year 5 7,525 9,694
NET CURRENT LIABILITIES (7,495 ) (9,622 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,407

)

(7,166

)

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (5,417 ) (7,176 )
SHAREHOLDERS' FUNDS (5,407 ) (7,166 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 March 2024 and were signed by:





Mr O K Ivanov - Director


Krum Limited (Registered number: 10844026)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Krum Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 15% on reducing balance

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 July 2022
and 30 June 2023 3,400
DEPRECIATION
At 1 July 2022 944
Charge for year 368
At 30 June 2023 1,312
NET BOOK VALUE
At 30 June 2023 2,088
At 30 June 2022 2,456

Krum Limited (Registered number: 10844026)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 1,656 2,293
Taxation and social security 499 508
Other creditors 5,370 6,893
7,525 9,694