IRIS Accounts Production v24.1.4.33 13349178 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh133491782023-04-30133491782024-04-30133491782023-05-012024-04-30133491782022-04-30133491782022-05-012023-04-30133491782023-04-3013349178ns15:EnglandWales2023-05-012024-04-3013349178ns14:PoundSterling2023-05-012024-04-3013349178ns10:Director12023-05-012024-04-3013349178ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3013349178ns10:SmallEntities2023-05-012024-04-3013349178ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3013349178ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3013349178ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3013349178ns10:FullAccounts2023-05-012024-04-3013349178ns10:Director22023-05-012024-04-3013349178ns10:RegisteredOffice2023-05-012024-04-3013349178ns5:CurrentFinancialInstruments2024-04-3013349178ns5:CurrentFinancialInstruments2023-04-3013349178ns5:ShareCapital2024-04-3013349178ns5:ShareCapital2023-04-3013349178ns5:RetainedEarningsAccumulatedLosses2024-04-3013349178ns5:RetainedEarningsAccumulatedLosses2023-04-3013349178ns5:ComputerEquipment2023-05-012024-04-3013349178ns5:ComputerEquipment2023-04-3013349178ns5:ComputerEquipment2024-04-3013349178ns5:ComputerEquipment2023-04-3013349178ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3013349178ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: 13349178 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

KARIS LEGAL SERVICES LTD

KARIS LEGAL SERVICES LTD (REGISTERED NUMBER: 13349178)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


KARIS LEGAL SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: R G Karis
A G Karis





REGISTERED OFFICE: 869 High Road
London
N12 8QA





REGISTERED NUMBER: 13349178 (England and Wales)





ACCOUNTANTS: EA
Chartered Accountants
869 High Road
London
N12 8QA

KARIS LEGAL SERVICES LTD (REGISTERED NUMBER: 13349178)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 652 972

CURRENT ASSETS
Debtors 5 425 21,491
Cash at bank and in hand 124,083 67,784
124,508 89,275
CREDITORS
Amounts falling due within one year 6 67,791 69,283
NET CURRENT ASSETS 56,717 19,992
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,369

20,964

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 57,169 20,764
SHAREHOLDERS' FUNDS 57,369 20,964

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 August 2024 and were signed on its behalf by:





A G Karis - Director


KARIS LEGAL SERVICES LTD (REGISTERED NUMBER: 13349178)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Karis Legal Services Ltd 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.

Turnover
Turnover represents the amounts recoverable for the services provided to clients, excluding Value Added Tax, under contractual obligations which are performed gradually over time.

If, at the balance sheet date, completion of contractual obligations is dependent on external factors (and thus outside the control of the company), then revenue is recognised only if it is probable that the event will occur.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance

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

Current or deferred 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

KARIS LEGAL SERVICES LTD (REGISTERED NUMBER: 13349178)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 May 2023
and 30 April 2024 2,166
DEPRECIATION
At 1 May 2023 1,194
Charge for year 320
At 30 April 2024 1,514
NET BOOK VALUE
At 30 April 2024 652
At 30 April 2023 972

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 425 21,491

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,011 671
Taxation and social security 57,033 40,005
Other creditors 9,747 28,607
67,791 69,283

7. RELATED PARTY DISCLOSURES

Included in creditors, amounts falling due within one year, is an interest free amount of £8,072 (2023: £26,531) due to the directors of the company.