CARAN LTD

Company Registration Number:
NI636927 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

CARAN LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

CARAN LTD

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 967,486 971,836
Total fixed assets: 967,486 971,836
Current assets
Stocks: 343,710 355,085
Debtors:   44,080 1,876
Cash at bank and in hand: 142,193 128,153
Total current assets: 529,983 485,114
Creditors: amounts falling due within one year:   (91,998) (30,509)
Net current assets (liabilities): 437,985 454,605
Total assets less current liabilities: 1,405,471 1,426,441
Creditors: amounts falling due after more than one year:   (149,801) (213,176)
Total net assets (liabilities): 1,255,670 1,213,265
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:4930,000930,000
Profit and loss account: 325,570 283,165
Shareholders funds: 1,255,670 1,213,265

The notes form part of these financial statements

CARAN LTD

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 March 2024
and signed on behalf of the board by:

Name: Cormac McGale
Status: Director

The notes form part of these financial statements

CARAN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods suppliedand services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership havetransferred to the buyer (usually on despatch of the goods); the amount of revenue can be measuredreliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurredor to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,over the useful economic life of that asset as follows:If there is an indication that there has been a significant change in depreciation rate, useful life orresidual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

CARAN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

CARAN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 996,126
At 31 March 2023 996,126
Depreciation
At 01 April 2022 24,290
Charge for year 4,350
At 31 March 2023 28,640
Net book value
At 31 March 2023 967,486
At 31 March 2022 971,836

CARAN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Revaluation reserve

2023
£
Balance at 01 April 2022 930,000
Surplus or deficit after revaluation 0
Balance at 31 March 2023 930,000