Company Registration No. 02884837 (England and Wales)
KARRAWAY LIMITED
Unaudited accounts
for the year ended 31 January 2024
KARRAWAY LIMITED
Unaudited accounts
Contents
KARRAWAY LIMITED
Company Information
for the year ended 31 January 2024
Company Number
02884837 (England and Wales)
Registered Office
27 Tilton Drive
Oadby
Leicester
Leicestershire
LE2 5WW
England
Accountants
ONAF Limited
27 Tilton Drive
Oadby
LE2 5WW
KARRAWAY LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
6,845
6,715
Cash at bank and in hand
73,741
95,217
Creditors: amounts falling due within one year
4,790
(29,235)
Net current assets
82,328
91,207
Total assets less current liabilities
109,258
97,922
Creditors: amounts falling due after more than one year
(24,004)
(28,146)
Called up share capital
100
100
Profit and loss account
85,154
69,676
Shareholders' funds
85,254
69,776
For the year ending 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 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 30 October 2024 and were signed on its behalf by
Raphael Copeland
Director
Company Registration No. 02884837
KARRAWAY LIMITED
Notes to the Accounts
for the year ended 31 January 2024
KARRAWAY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02884837. The registered office is 27 Tilton Drive, Oadby, Leicester, Leicestershire, LE2 5WW, England.
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.
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.
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:
Motor vehicles
50% Straight line
Fixtures & fittings
50% Straight line
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
26,249
18,481
1,832
46,562
At 31 January 2024
26,249
23,068
1,832
51,149
At 1 February 2023
24,049
13,966
1,832
39,847
Charge for the year
2,200
2,257
-
4,457
At 31 January 2024
26,249
16,223
1,832
44,304
At 31 January 2024
-
6,845
-
6,845
At 31 January 2023
2,200
4,515
-
6,715
KARRAWAY LIMITED
Notes to the Accounts
for the year ended 31 January 2024
5
Investments
Other investments
Valuation at 1 February 2023
-
Valuation at 31 January 2024
20,085
Amounts falling due within one year
Trade debtors
2,862
24,172
Accrued income and prepayments
935
1,053
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
17,652
10,309
Taxes and social security
7,480
3,487
Loans from directors
(38,844)
6,557
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).