Kraken Shaun Martin Ltd Filleted Accounts Cover
Kraken Shaun Martin Ltd
Company No. 10457918
Information for Filing with The Registrar
30 November 2023
Kraken Shaun Martin Ltd Balance Sheet Registrar
at
30 November 2023
Company No.
10457918
Notes
2023
2022
£
£
Fixed assets
Tangible assets
4
714893
714893
Current assets
Stocks
5
1,2001,200
Debtors
6
1,000-
Cash at bank and in hand
4,9218,532
7,1219,732
Creditors: Amount falling due within one year
7
(3,961)
(5,460)
Net current assets
3,1604,272
Total assets less current liabilities
3,8745,165
Creditors: Amounts falling due after more than one year
8
(3,167)
(5,167)
Net assets/(liabilities)
707
(2)
Capital and reserves
Called up share capital
22
Profit and loss account
10
705
(4)
Total equity
707
(2)
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 November 2023 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 07 May 2024 and signed on its behalf by:
S.P. Martin
Director
07 May 2024
Kraken Shaun Martin Ltd Notes to the Accounts Registrar
for the year ended 30 November 2023
1
General information
Kraken Shaun Martin Ltd is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 10457918
Its registered office is:
110 Westgarth Newbiggin Hall
Newcastle Upon Tyne
England
NE5 4PE
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Plant and machinery
20% reducing balance
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
11
4
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
At 1 December 2022
5,1555,155
At 30 November 2023
5,1555,155
Depreciation
At 1 December 2022
4,2624,262
Charge for the year
179179
At 30 November 2023
4,4414,441
Net book values
At 30 November 2023
714714
At 30 November 2022
893
893
5
Stocks
2023
2022
£
£
Finished goods
1,2001,200
1,2001,200
6
Debtors
2023
2022
£
£
Other debtors
1,000-
1,000-
7
Creditors:
amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
2,0002,000
Taxes and social security
1,217
2,740
Accruals and deferred income
744720
3,9615,460
8
Creditors:
amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
3,1675,167
3,1675,167
9
Share Capital
Ordinary
10
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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