Company Registration No. 08771363 (England and Wales)
Karma Growth Limited
Unaudited accounts
for the year ended 30 November 2022
Karma Growth Limited
Annual report and unaudited accounts
for the year ended 30 November 2022
Karma Growth Limited
Company Information
for the year ended 30 November 2022
Company Number
08771363 (England and Wales)
Registered Office
150 Enterprise House
St Davids Square
London
E14 3WD
Accountants
Heartwood Accountants Limited
103 High Street
Waltham Cross
Herts
EN87AN
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Karma Growth Limited for the year ended 30 November 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Karma Growth Limited for the year ended
30 November 2022 as set out on pages
5 -
5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Karma Growth Limited, as a body, in accordance with the terms of our engagement letter dated 24 August 2018. Our work has been undertaken solely to prepare for your approval the accounts of Karma Growth Limited and state those matters that we have agreed to state to the Board of Directors of Karma Growth Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Karma Growth Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Karma Growth Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Karma Growth Limited. You consider that Karma Growth Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Karma Growth Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Heartwood Accountants Limited
Chartered Accountants
103 High Street
Waltham Cross
Herts
EN87AN
31 January 2024
Karma Growth Limited
Statement of Financial Position
as at 30 November 2022
Current assets
39,996
50,551
Creditors: amounts falling due within one year
(378)
(594)
Net current assets
39,618
49,957
Total assets less current liabilities
39,618
49,957
Creditors: amounts falling due after more than one year
(8,850)
(18,192)
Capital and reserves
30,768
31,765
Karma Growth Limited is a private company, limited by shares, registered in England and Wales, registration number 08771363. The registered office is 150 Enterprise House, St Davids Square, London, E14 3WD.
2 Average number of employees
During the year the average number of employees was 1 (2021: 1).
For the year ending 30 November 2022 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 31 January 2024
Rachna Shah
Director
Company Registration No. 08771363