Company Registration No. 12736011 (England and Wales)
KARINA'S DIAMOND LTD
Unaudited accounts
for the year ended 31 July 2024
KARINA'S DIAMOND LTD
Unaudited accounts
Contents
KARINA'S DIAMOND LTD
Company Information
for the year ended 31 July 2024
Company Number
12736011 (England and Wales)
Registered Office
169 SOUTH STREET
ROMFORD
RM1 1PS
ENGLAND
Accountants
O&D ACCOUNTANCY AND BUSINESS SERVICES LTD
2B Thorpe Crescent
Walthamstow
London
E17 5BY
KARINA'S DIAMOND LTD
Statement of financial position
as at 31 July 2024
Tangible assets
22,227
8,250
Inventories
779,888
703,063
Cash at bank and in hand
(442)
10,081
Creditors: amounts falling due within one year
(163,689)
(731,772)
Net current assets/(liabilities)
615,757
(18,628)
Total assets less current liabilities
637,984
(10,378)
Creditors: amounts falling due after more than one year
(635,598)
-
Net assets/(liabilities)
2,386
(10,378)
Called up share capital
1
1
Profit and loss account
2,385
(10,379)
Shareholders' funds
2,386
(10,378)
For the year ending 31 July 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 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 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 20 November 2024 and were signed on its behalf by
Oana NITICA
Director
Company Registration No. 12736011
KARINA'S DIAMOND LTD
Notes to the Accounts
for the year ended 31 July 2024
KARINA'S DIAMOND LTD is a private company, limited by shares, registered in England and Wales, registration number 12736011. The registered office is 169 SOUTH STREET, ROMFORD, RM1 1PS, 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 ã 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
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
12,421
-
12,421
At 31 July 2024
12,421
18,855
31,276
At 1 August 2023
4,171
-
4,171
Charge for the year
1,484
3,394
4,878
At 31 July 2024
5,655
3,394
9,049
At 31 July 2024
6,766
15,461
22,227
At 31 July 2023
8,250
-
8,250
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
68,000
677,175
Taxes and social security
3,815
2,290
Other creditors
14,501
(14,489)
Loans from directors
70,740
63,440
KARINA'S DIAMOND LTD
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).