2023-07-01 2024-06-30 12031506 Carmichael Property Hub Ltd false 12031506 2023-07-01 2024-06-30 12031506 uk-bus:Director1 2023-07-01 2024-06-30 12031506 uk-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12031506 uk-bus:SmallEntities 2023-07-01 2024-06-30 12031506 uk-bus:FullAccounts 2023-07-01 2024-06-30 12031506 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12031506 2023-07-01 12031506 2024-06-30 12031506 2023-06-30 xbrli:pure iso4217:GBP 12031506 2022-07-01 2023-06-30
Company Registration Number : 12031506 (England and Wales)
12031506
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-06-30
false
Carmichael Property Hub Ltd
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-07-01
Carmichael Property Hub Ltd
Unaudited filleted financial statements
For the year ended 30 June 2024
Carmichael Property Hub Ltd
Contents
For the year ended 30 June 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


Carmichael Property Hub Ltd
Company Information
For the year ended 30 June 2024

Company registration number 12031506 (England and Wales)
Director Aswin Gorasia
Registered office address 60 The Drive
Harrow, London
United Kingdom
HA2 7EJ
Accountant DNS Associates
Chartered Institute of Management Accountants
382 Kenton Road
Harrow, Middlesex
HA3 8DP
Carmichael Property Hub Ltd
Statement of Financial Position
For the year ended 30 June 2024

2024 2023
Notes £ £
Fixed assets
Property, plant and equipment - 112,636
Investment Property 135,000 -
5 135,000 112,636
Current assets
Debtors 9,000 9,000
Cash and cash equivalents 2,538 8,507
11,538 17,507
Current liabilities
Creditors: Amounts falling due within one year (16,978) (15,665)
(16,978) (15,665)
Net current (liabilities)/assets (5,441) 1,842
Total assets less current liabilities 129,559 114,478
Non-current liabilities
Creditors: Amounts falling due after more than one year (117,244) (127,489)
Provision for liabilities (4,249) -
Net assets/(liabilities) 8,067 (13,011)
Capital and reserves
Called up share capital 100 100
Retained earnings 7,967 (13,111)
Shareholder's funds 8,067 (13,011)
For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 30 June 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 director acknowledges their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 01 August 2024
.............................
Aswin Gorasia (Director)
Company registration number: 12031506
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-06-30 30 June 2024
2024 2023
£ £
Fixed Assets 135,000 112,636
Current Assets 11,538 17,507
Creditors: amounts falling due within one year (16,978) (15,665)
Net current assets (liabilities) (5,441) 1,842
Total assets less current liabilities 129,559 114,478
CREDITORS: Amounts falling due more than one year (117,244) (127,489)
Provisions for liabilities (4,249) 0
Net Assets (liabilities) 8,067 (13,011)
Capital and Reserves 8,067 (13,011)
For the year ending 30/06/2024 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. For the year ending 30-06-2024 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 for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 01 August 2024 2024-08-01 and signed on behalf of the board,
.............................
Aswin Gorasia
Director
Company registration number: 12031506
Carmichael Property Hub Ltd
Notes to the Financial Statements
For the year ended 30 June 2024

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 60 The Drive, Harrow, London, United Kingdom, HA2 7EJ.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.

(4) Employees
During the year, the average number of employees including director was 0 (2023 : 0).

(5) Fixed assets
Investments
Property
£
Cost
As at 01 July 2023112,636
Revaluation22,364
As at 30 June 2024135,000
Depreciation/Amortisation
As at 30 June 2024-
Net book value
As at 30 June 2024135,000
As at 30 June 2023112,636

(6) Investment Properties
These financial statements for the year ended 30 June 2024 are the financial statements of the company prepared in accordance with FRS 102 1a "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
The property is being measured at fair value under FRS 102 1a and fair value gains and losses are reported in profit or loss. FRS
102 1a also requires deferred tax to be accounted for on assets subject to revaluation, consequently, £4,249 deferred tax is
recognized during the year.