IRIS Accounts Production v24.1.9.2 10560063 director 1.2.23 31.1.24 31.1.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh105600632023-01-31105600632024-01-31105600632023-02-012024-01-31105600632022-01-31105600632022-02-012023-01-31105600632023-01-3110560063ns15:EnglandWales2023-02-012024-01-3110560063ns14:PoundSterling2023-02-012024-01-3110560063ns10:Director12023-02-012024-01-3110560063ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3110560063ns10:SmallEntities2023-02-012024-01-3110560063ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3110560063ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3110560063ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3110560063ns10:FullAccounts2023-02-012024-01-3110560063ns10:EntityHasNeverTraded2023-02-012024-01-3110560063ns10:RegisteredOffice2023-02-012024-01-3110560063ns5:CurrentFinancialInstruments2024-01-3110560063ns5:CurrentFinancialInstruments2023-01-3110560063ns5:ShareCapital2024-01-3110560063ns5:ShareCapital2023-01-3110560063ns5:RetainedEarningsAccumulatedLosses2024-01-3110560063ns5:RetainedEarningsAccumulatedLosses2023-01-3110560063ns5:PlantMachinery2023-02-012024-01-3110560063ns5:LandBuildings2023-01-3110560063ns5:PlantMachinery2023-01-3110560063ns5:LandBuildings2023-02-012024-01-3110560063ns5:LandBuildings2024-01-3110560063ns5:PlantMachinery2024-01-3110560063ns5:LandBuildings2023-01-3110560063ns5:PlantMachinery2023-01-3110560063ns5:CostValuation2023-01-3110560063ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3110560063ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-31
REGISTERED NUMBER: 10560063 (England and Wales)















CARACAS HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






CARACAS HOLDINGS LIMITED (REGISTERED NUMBER: 10560063)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CARACAS HOLDINGS LIMITED

COMPANY INFORMATION
For The Year Ended 31 JANUARY 2024







DIRECTOR: M Potter





REGISTERED OFFICE: 8 Church Green East
Redditch
Worcestershire
B98 8BP





REGISTERED NUMBER: 10560063 (England and Wales)





ACCOUNTANTS: Charles Lovell & Co Limited
Chartered Certified Accountants
and Statutory Auditors
8 Church Green East
Redditch
Worcestershire
B98 8BP

CARACAS HOLDINGS LIMITED (REGISTERED NUMBER: 10560063)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 176,077 177,717
Investments 5 400 400
Investment property 6 386,397 386,397
562,874 564,514

CURRENT ASSETS
Debtors 7 602,708 612,467
Cash at bank 24,659 15,591
627,367 628,058
CREDITORS
Amounts falling due within one year 8 86,061 196,692
NET CURRENT ASSETS 541,306 431,366
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,104,180

995,880

PROVISIONS FOR LIABILITIES 840 1,152
NET ASSETS 1,103,340 994,728

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,103,240 994,628
SHAREHOLDERS' FUNDS 1,103,340 994,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2024 and were signed by:




M Potter - Director


CARACAS HOLDINGS LIMITED (REGISTERED NUMBER: 10560063)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 JANUARY 2024


1. STATUTORY INFORMATION

Caracas Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Caracas Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

CARACAS HOLDINGS LIMITED (REGISTERED NUMBER: 10560063)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 JANUARY 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 171,155 10,000 181,155
DEPRECIATION
At 1 February 2023 - 3,438 3,438
Charge for year - 1,640 1,640
At 31 January 2024 - 5,078 5,078
NET BOOK VALUE
At 31 January 2024 171,155 4,922 176,077
At 31 January 2023 171,155 6,562 177,717

Included in cost of land and buildings is freehold land of £ 171,155 (2023 - £ 171,155 ) which is not depreciated.

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 February 2023
and 31 January 2024 400
NET BOOK VALUE
At 31 January 2024 400
At 31 January 2023 400

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 386,397
NET BOOK VALUE
At 31 January 2024 386,397
At 31 January 2023 386,397

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Amounts owed by group undertakings 602,708 611,411
Other debtors - 1,056
602,708 612,467

CARACAS HOLDINGS LIMITED (REGISTERED NUMBER: 10560063)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 JANUARY 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Amounts owed to group undertakings - 149,672
Taxation and social security 2,526 2,308
Other creditors 83,535 44,712
86,061 196,692