Company Registration No. 12920937 (England and Wales)
KORAK LTD
Unaudited accounts
for the period from 1 November 2022 to 31 October 2024
KORAK LTD
Unaudited accounts
Contents
KORAK LTD
Company Information
for the period from 1 November 2022 to 31 October 2024
Director
Dumitru-Olivian Dirlau
Company Number
12920937 (England and Wales)
Registered Office
2A THORPE CRESCENT
LONDON
E17 5BY
ENGLAND
KORAK LTD
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
1,850
3,737
Creditors: amounts falling due within one year
(3,003)
-
Net current assets
11,787
15,286
Profit and loss account
12,594
16,093
Shareholders' funds
12,594
16,093
For the period ending 31 October 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 6 November 2024 and were signed on its behalf by
Dumitru-Olivian Dirlau
Director
Company Registration No. 12920937
KORAK LTD
Notes to the Accounts
for the period from 1 November 2022 to 31 October 2024
KORAK LTD is a private company, limited by shares, registered in England and Wales, registration number 12920937. The registered office is 2A THORPE CRESCENT, LONDON, E17 5BY, ENGLAND.
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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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, 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:
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
1,391
-
Amounts falling due after more than one year
Other debtors
11,549
11,549
KORAK LTD
Notes to the Accounts
for the period from 1 November 2022 to 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,003
-
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Average number of employees
During the period the average number of employees was 2 (2023: 2).