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Company Registration No. 08912845 (England and Wales)
Karen Tems Ltd Unaudited accounts for the year ended 31 March 2024
Karen Tems Ltd Unaudited accounts Contents
Page
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Karen Tems Ltd Company Information for the year ended 31 March 2024
Director
Karen Tems
Company Number
08912845 (England and Wales)
Registered Office
702 MERLIN BUSINESS PARK RINGTAIL ROAD BURSCOUGH LANCASHIRE L40 8JY ENGLAND
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Karen Tems Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,127 
8,169 
Current assets
Debtors
30,291 
14,916 
Cash at bank and in hand
5,401 
8,579 
35,692 
23,495 
Creditors: amounts falling due within one year
(7,985)
(10,774)
Net current assets
27,707 
12,721 
Total assets less current liabilities
33,834 
20,890 
Creditors: amounts falling due after more than one year
(6,883)
(10,716)
Net assets
26,951 
10,174 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
25,951 
9,174 
Shareholders' funds
26,951 
10,174 
For the year ending 31 March 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 19 June 2024 and were signed on its behalf by
Karen Tems Director Company Registration No. 08912845
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Karen Tems Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Karen Tems Ltd is a private company, limited by shares, registered in England and Wales, registration number 08912845. The registered office is 702 MERLIN BUSINESS PARK, RINGTAIL ROAD, BURSCOUGH, LANCASHIRE, L40 8JY, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
25% reduced balance method
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
17,287 
At 31 March 2024
17,287 
Depreciation
At 1 April 2023
9,118 
Charge for the year
2,042 
At 31 March 2024
11,160 
Net book value
At 31 March 2024
6,127 
At 31 March 2023
8,169 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,954 
7,797 
Other debtors
22,337 
7,119 
30,291 
14,916 
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Karen Tems Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,960 
2,959 
Trade creditors
1,610 
1,295 
Taxes and social security
4,415 
6,520 
7,985 
10,774 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,883 
10,716 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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