CARIVE LIMITED

Company Registration Number:
NI034960 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

CARIVE LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

CARIVE LIMITED

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 551,086 534,550
Total fixed assets: 551,086 534,550
Current assets
Stocks: 215,069 211,777
Debtors:   135,832 313,222
Cash at bank and in hand: 1,075,970 720,604
Total current assets: 1,426,871 1,245,603
Creditors: amounts falling due within one year:   (717,760) (520,156)
Net current assets (liabilities): 709,111 725,447
Total assets less current liabilities: 1,260,197 1,259,997
Creditors: amounts falling due after more than one year: 4 (277,122) (448,946)
Provision for liabilities: (44,668) (35,581)
Total net assets (liabilities): 938,407 775,470
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 938,405 775,468
Shareholders funds: 938,407 775,470

The notes form part of these financial statements

CARIVE LIMITED

Balance sheet statements

For the year ending 30 November 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 21 August 2024
and signed on behalf of the board by:

Name: Conor McKibbin
Status: Director

The notes form part of these financial statements

CARIVE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 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 consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows: SALES Turnover represents amounts receivable for goods and services provided in the normal course of business. The Principal activities of the company are to carry on the business of an Off Licence, Shop and Petrol Station. INTEREST AND DIVIDENDS RECEIVABLE Interest income is recognised using the effective interest method and dividend income is recognised as the company's right to receive payment is established.

CARIVE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 33 31

CARIVE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 1,714,607
Additions 80,244
At 30 November 2023 1,794,851
Depreciation
At 01 December 2022 1,180,057
Charge for year 63,708
At 30 November 2023 1,243,765
Net book value
At 30 November 2023 551,086
At 30 November 2022 534,550

CARIVE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due after more than one year note

Amounts due after 1 year and not later than 5 years £ 277,122 ( £448,946 ).

CARIVE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Related party transactions

During the year the company paid rent of £26,000 (2022 £26,000) to the directors.