2022-08-01 2023-07-31 false Capium Accounts Production 1.1 11306105 bus:FullAccounts 2022-08-01 2023-07-31 11306105 bus:FRS102 2022-08-01 2023-07-31 11306105 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 11306105 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 11306105 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 11306105 2022-08-01 2023-07-31 11306105 2023-07-31 11306105 bus:RegisteredOffice 2022-08-01 2023-07-31 11306105 core:WithinOneYear 2023-07-31 11306105 core:AfterOneYear 2023-07-31 11306105 bus:Director1 2022-08-01 2023-07-31 11306105 bus:Director1 2023-07-31 11306105 bus:Director1 2021-08-01 2022-07-31 11306105 2021-08-01 11306105 bus:CompanySecretary1 2022-08-01 2023-07-31 11306105 bus:LeadAgentIfApplicable 2022-08-01 2023-07-31 11306105 2021-08-01 2022-07-31 11306105 2022-07-31 11306105 core:WithinOneYear 2022-07-31 11306105 core:AfterOneYear 2022-07-31 11306105 bus:EntityAccountantsOrAuditors 2021-08-01 2022-07-31 11306105 core:ComputerEquipment 2022-08-01 2023-07-31 11306105 core:ComputerEquipment 2023-07-31 11306105 core:ComputerEquipment 2022-07-31 11306105 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-07-31 11306105 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-07-31 11306105 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 11306105 core:CostValuation core:Non-currentFinancialInstruments 2022-07-31 11306105 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-07-31 11306105 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-07-31 11306105 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-07-31 11306105 core:Non-currentFinancialInstruments 2023-07-31 11306105 core:Non-currentFinancialInstruments 2022-07-31 11306105 core:ShareCapital 2023-07-31 11306105 core:ShareCapital 2022-07-31 11306105 core:RetainedEarningsAccumulatedLosses 2023-07-31 11306105 core:RetainedEarningsAccumulatedLosses 2022-07-31 11306105 dpl:Item1 2022-08-01 11306105 dpl:Item1 2023-07-31 11306105 dpl:Item1 2021-08-01 11306105 dpl:Item1 2022-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11306105
England and Wales

 

 

 

KARONDA DEVELOPMENTS LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 August 2022

End date: 31 July 2023
Director Bella Mistry
Registered Number 11306105
Registered Office 27 Old Gloucester Street
London
WC1N 3AX
1
Director's report and financial statements
The director presents her annual report and the financial statements for the year ended 31 July 2023.
Principal activities
Principal activity of the company during the financial year was of development of building projects.
Director
The director who served the company throughout the year was as follows:
Bella Mistry

On behalf of the board.


----------------------------------
Bella Mistry
Director

Date approved: 09 April 2024
2
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 5    159 
5    159 
Current assets      
Debtors 4 4,208    12,953 
Cash at bank and in hand 370,701    445,397 
374,909    458,350 
Creditors: amount falling due within one year 5 (447,553)   (515,358)
Net current assets (72,644)   (57,008)
 
Total assets less current liabilities (72,639)   (56,849)
Net assets (72,639)   (56,849)
 

Capital and reserves
     
Called up share capital 1    1 
Profit and loss account (72,640)   (56,850)
Shareholder's funds (72,639)   (56,849)
 


For the year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 09 April 2024 and were signed by:


-------------------------------
Bella Mistry
Director
3
General Information
Karonda Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 11306105, registration address 27 Old Gloucester Street, London, WC1N 3AX.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102.1A The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment - 33% on cost

2.

Average number of employees

Average number of employees during the year was 0 (2022 : 0).
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 August 2022 467    467 
Additions  
Disposals  
At 31 July 2023 467    467 
Depreciation
At 01 August 2022 308    308 
Charge for year 154    154 
On disposals  
At 31 July 2023 462    462 
Net book values
Closing balance as at 31 July 2023 5    5 
Opening balance as at 01 August 2022 159    159 


4.

Debtors: amounts falling due within one year

2023
£
  2022
£
Taxation Recoverable 4,208   
Deferred Tax   12,953 
4,208    12,953 

5.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 1    1 
Other Loans 86,000    86,000 
Social Security and Other Tax   67,805 
Directors' Current Accounts 361,552    361,552 
447,553    515,358 

4