1 January 2024 false No description of principal activity Taxfiler 2024.5 10252599business:PrivateLimitedCompanyLtd2024-01-012024-08-31 102525992023-12-31 102525992024-01-012024-08-31 10252599business:AuditExemptWithAccountantsReport2024-01-012024-08-31 10252599business:FilletedAccounts2024-01-012024-08-31 102525992024-08-31 10252599business:Director12024-01-012024-08-31 10252599business:Director22024-01-012024-08-31 10252599business:RegisteredOffice2024-01-012024-08-31 102525992023-12-31 10252599core:WithinOneYear2024-08-31 10252599core:WithinOneYear2023-12-31 10252599core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 10252599core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10252599core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 10252599core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10252599core:PreviouslyStatedAmount2024-08-31 10252599core:PreviouslyStatedAmount2023-12-31 10252599business:SmallEntities2024-01-012024-08-31 10252599countries:EnglandWales2024-01-012024-08-31 10252599core:PlantMachinery2024-01-012024-08-31 10252599core:LandBuildings2023-12-31 10252599core:PlantMachinery2023-12-31 10252599core:LandBuildings2024-01-012024-08-31 10252599core:LandBuildings2024-08-31 10252599core:PlantMachinery2024-08-31 102525992023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10252599 (England and Wales)
Karys Property Management Ltd Unaudited accounts for the period from 1 January 2024 to 31 August 2024
Karys Property Management Ltd Unaudited accounts Contents
Page
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Karys Property Management Ltd Company Information for the period from 1 January 2024 to 31 August 2024
Directors
Mr. Stephen Moore Mrs. Yvonne Moore
Company Number
10252599 (England and Wales)
Registered Office
C/O Together Accounting Limited 17-19 St. George's Street Norwich Norfolk NR3 1AB England
Accountants
Together Accounting Limited 17-19 St Georges Street Norwich Norfolk NR3 1AB
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Karys Property Management Ltd Accountants' report
Accountants' report to the board of directors of Karys Property Management Ltd on the preparation of the unaudited statutory accounts for the period from 1 January 2024 to 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Karys Property Management Ltd for the period from 1 January 2024 to 31 August 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Karys Property Management Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Karys Property Management Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Karys Property Management Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Karys Property Management Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Karys Property Management Ltd. You consider that Karys Property Management Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Karys Property Management Ltd. 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.
Together Accounting Limited 17-19 St Georges Street Norwich Norfolk NR3 1AB 11 September 2024
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Karys Property Management Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
210,370 
Current assets
Debtors
93 
813 
Cash at bank and in hand
7,733 
5,066 
7,826 
5,879 
Creditors: amounts falling due within one year
(7,825)
(228,631)
Net current assets/(liabilities)
1 
(222,752)
Total assets less current liabilities
1 
(12,382)
Provisions for liabilities
Deferred tax
- 
(111)
Net assets/(liabilities)
1 
(12,493)
Capital and reserves
Called up share capital
30 
30 
Profit and loss account
(29)
(12,523)
Shareholders' funds
1 
(12,493)
For the period ending 31 August 2024 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2024 and were signed on its behalf by
Mr. Stephen Moore Director Company Registration No. 10252599
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Karys Property Management Ltd Notes to the Accounts for the period from 1 January 2024 to 31 August 2024
1
Statutory information
Karys Property Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 10252599. The registered office is C/O Together Accounting Limited, 17-19 St. George's Street, Norwich, Norfolk, NR3 1AB, England. The company is in the process of being wound up.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% - Reducing Balance Method
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
209,786 
724 
210,510 
Disposals
(209,786)
(724)
(210,510)
At 31 August 2024
- 
- 
- 
Depreciation
At 1 January 2024
- 
140 
140 
On disposals
- 
(140)
(140)
At 31 August 2024
- 
- 
- 
Net book value
At 31 August 2024
- 
- 
- 
At 31 December 2023
209,786 
584 
210,370 
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Karys Property Management Ltd Notes to the Accounts for the period from 1 January 2024 to 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
13 
- 
Accrued income and prepayments
- 
753 
Other debtors
80 
60 
93 
813 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
2,234 
Taxes and social security
2,458 
(145)
Other creditors
5,367 
224,970 
Accruals
- 
1,572 
7,825 
228,631 
7
Average number of employees
During the period the average number of employees was 0 (2023: 0).
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