Company Registration No. 14695577 (England and Wales)
Karadag Investments Ltd
Unaudited accounts
for the period from 28 February 2023 to 29 February 2024
Karadag Investments Ltd
Statement of financial position
as at 29 February 2024
Investment property
391,497
Cash at bank and in hand
25,622
Creditors: amounts falling due within one year
(3,895)
Total assets less current liabilities
413,224
Creditors: amounts falling due after more than one year
(401,392)
Called up share capital
100
Profit and loss account
11,732
Shareholders' funds
11,832
For the period ending 29 February 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 16 October 2024 and were signed on its behalf by
Ali Karadag
Director
Company Registration No. 14695577
Karadag Investments Ltd
Notes to the Accounts
for the period from 28 February 2023 to 29 February 2024
Karadag Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 14695577. The registered office is 22 NAZEINGBURY PARADE NAZEING ROAD, WALTHAM ABBEY, EN9 2JL, UNITED KINGDOM.
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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.
These financial statements for the period from 28 February 2023 to 29 February 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 28 February 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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.
Buildings recorded at cost and measured at fair value with regular review of fair value.
Land & buildings
Measured at fair value
At 29 February 2024
391,497
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Creditors: amounts falling due within one year
2024
Taxes and social security
2,752
Karadag Investments Ltd
Notes to the Accounts
for the period from 28 February 2023 to 29 February 2024
6
Creditors: amounts falling due after more than one year
2024
Loans from directors
131,725
7
Average number of employees
During the period the average number of employees was 0.