Acorah Software Products - Accounts Production 15.0.600 false true true false 10 February 2023 31 January 2024 31 January 2024 14654596 Carla Vincenza Drut the director 809 Salisbury House 29 Finsbury Circus, London, United Kingdom, EC2M 7AQ true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14654596 2023-02-09 14654596 2024-01-31 14654596 2023-02-10 2024-01-31 14654596 frs-core:CurrentFinancialInstruments 2024-01-31 14654596 frs-core:FurnitureFittings 2024-01-31 14654596 frs-core:FurnitureFittings 2023-02-10 2024-01-31 14654596 frs-core:FurnitureFittings 2023-02-09 14654596 frs-core:ShareCapital 2024-01-31 14654596 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 14654596 frs-bus:PrivateLimitedCompanyLtd 2023-02-10 2024-01-31 14654596 frs-bus:FilletedAccounts 2023-02-10 2024-01-31 14654596 frs-bus:SmallEntities 2023-02-10 2024-01-31 14654596 frs-bus:AuditExempt-NoAccountantsReport 2023-02-10 2024-01-31 14654596 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-10 2024-01-31 14654596 1 2023-02-10 2024-01-31 14654596 frs-bus:Director1 2023-02-10 2024-01-31 14654596 frs-countries:EnglandWales 2023-02-10 2024-01-31
Registered number: 14654596
Carvi Living Ltd
Unaudited Financial Statements
For the Period 10 February 2023 to 31 January 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14654596
31 January 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 6,944
6,944
CURRENT ASSETS
Debtors 5 6,673
Cash at bank and in hand 20,721
27,394
Creditors: Amounts Falling Due Within One Year 6 (50,612 )
NET CURRENT ASSETS (LIABILITIES) (23,218 )
TOTAL ASSETS LESS CURRENT LIABILITIES (16,274 )
NET LIABILITIES (16,274 )
CAPITAL AND RESERVES
Called up share capital 7 1,000
Profit and Loss Account (17,274 )
SHAREHOLDERS' FUNDS (16,274)
For the period 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Carla Vincenza Drut
Director
16 May 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Carvi Living Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14654596 . The registered office is 809 Salisbury House, 29 Finsbury Circus, London, EC2M 7AQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors believe that the company would have sufficient resources to continue to trade for foreseeable future.
2.3. Turnover
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. The following criteria must also be met before revenue is recognised:
Income from investment properties
Rental income from investment properties leased out under an operating lease is recognised in the income statement on a straight-line basis over the term of the lease. Lease incentives granted are recognised as an integral part of the total rental income over the life of the lease.
Service charge income is recognised as revenue in the period to which it relates.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Furniture, fixtures and equipment 20% (Reducing Balance)
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Tangible Assets
Furniture, fixtures and equipment
£
Cost
As at 10 February 2023 -
Additions 8,680
As at 31 January 2024 8,680
Depreciation
As at 10 February 2023 -
Provided during the period 1,736
As at 31 January 2024 1,736
Net Book Value
As at 31 January 2024 6,944
As at 10 February 2023 -
Page 2
Page 3
5. Debtors
31 January 2024
£
Due within one year
Other debtors 6,673
6. Creditors: Amounts Falling Due Within One Year
31 January 2024
£
Accruals and deferred income 1,650
Director's loan account 48,962
50,612
7. Share Capital
31 January 2024
£
Allotted, Called up and fully paid 1,000
8. Related Party Transactions
Included in creditors due within one year is an amount of £48,962 owed to its director. The amount is unsecured, interest free and repayable on demand.
9. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Carvi Holding Ltd . Carvi Holding Ltd was incorporated in England and Wales. Copies of the parent company's financial statements may be obtained from the secretary, 809 Salisbury House 29 Finsbury Circus, London, United Kingdom, EC2M 7AQ . The ultimate controlling party is the director who controls 100% of the shares of the parent undertaking.
Page 3