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Company Registration No. 06037174 (England and Wales)
KARK LTD Unaudited accounts for the year ended 31 December 2023
KARK LTD Unaudited accounts Contents
Page
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KARK LTD Company Information for the year ended 31 December 2023
Director
Ketul Pravin Patel
Company Number
06037174 (England and Wales)
Registered Office
7 Bell Yard London WC2A 2JR
Accountants
BANNER AND ASSOCIATES BANNER HOUSE 29 BYRON ROAD HARROW MIDDLESEX HA1 1JR
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KARK LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
234 
312 
Current assets
Debtors
6,032 
19,566 
Cash at bank and in hand
53,192 
30,473 
59,224 
50,039 
Creditors: amounts falling due within one year
(18,877)
(24,967)
Net current assets
40,347 
25,072 
Total assets less current liabilities
40,581 
25,384 
Creditors: amounts falling due after more than one year
(23,224)
(25,374)
Net assets
17,357 
10 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
17,347 
- 
Shareholders' funds
17,357 
10 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 9 September 2024 and were signed on its behalf by
Ketul Pravin Patel Director Company Registration No. 06037174
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KARK LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
KARK LTD is a private company, limited by shares, registered in England and Wales, registration number 06037174. The registered office is 7 Bell Yard, London, WC2A 2JR.
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 year, 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.
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:
Computer equipment
@ 25%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
8,151 
At 31 December 2023
8,151 
Depreciation
At 1 January 2023
7,839 
Charge for the year
78 
At 31 December 2023
7,917 
Net book value
At 31 December 2023
234 
At 31 December 2022
312 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
6,032 
19,566 
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KARK LTD Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
8,690 
8,395 
Taxes and social security
7,254 
12,575 
Other creditors
2,933 
3,997 
18,877 
24,967 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
23,224 
25,374 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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