2023-02-01 NI643524 2024-01-31 NI643524 2023-02-01 2024-01-31 NI643524 2023-01-31 NI643524 2022-02-01 2023-01-31 NI643524 uk-core:WithinOneYear 2023-01-31 NI643524 uk-core:WithinOneYear 2024-01-31 NI643524 uk-core:ShareCapital 2024-01-31 NI643524 uk-core:ShareCapital 2023-01-31 NI643524 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 NI643524 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 NI643524 uk-bus:Director1 2023-02-01 2024-01-31 NI643524 uk-core:NetGoodwill 2023-02-01 2024-01-31 NI643524 uk-core:Goodwill 2023-01-31 NI643524 uk-core:Goodwill 2024-01-31 iso4217:GBP xbrli:pure NI643524 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 NI643524 uk-bus:FRS102 2023-02-01 2024-01-31 NI643524 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 NI643524 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
Karmagh Limited
Registered Number:NI643524
For the year ended 31 January 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 January 2024
Karmagh Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI643524
As at 31 January 2024
Karmagh Limited
Statement of Financial Position
£
£
2023
2024
Notes
Current assets
4,749
Cash and cash equivalents
4,434
4,434
4,749
Trade and other payables: amounts falling due within one
year
(19,886)
(12,985)
3
(15,137)
(8,551)
Net current liabilities
Total assets less current liabilities
(8,551)
(15,137)
(8,551)
Net liabilities
(15,137)
Capital and reserves
Called up share capital
2
2
Retained earnings
(8,553)
(15,139)
(8,551)
(15,137)
Shareholders' funds
For the year ended 31 January 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 of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Darina Toner Director
These financial statements were approved and authorised for issue by the Board on 30 October 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 January 2024
Karmagh Limited
Notes to the Financial Statements
Statutory Information
Karmagh Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration number
NI643524.
Registered address:
Unit 17
Armagh Business Park
Hamiltonsbawn Road
Armagh
BT60 1HW
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of 5 years.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 February 2023
10,000
At 31 January 2024
10,000
Amortisation
At 01 February 2023
10,000
At 31 January 2024
10,000
Net book value
At 31 January 2024
-
At 31 January 2023
-
2 of 3
5
For the year ended 31 January 2024
Karmagh Limited
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Other creditors
12,985
19,886
4. Average number of persons employed
During the year the average number of employees was 0
3 of 3