1 April 2023 false No description of principal activity Taxfiler 2024.6 07597429business:PrivateLimitedCompanyLtd2023-04-012024-03-31 075974292023-03-31 075974292023-04-012024-03-31 07597429business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 07597429business:FilletedAccounts2023-04-012024-03-31 075974292024-03-31 07597429business:Director12023-04-012024-03-31 07597429business:RegisteredOffice2023-04-012024-03-31 075974292023-03-31 07597429core:WithinOneYear2024-03-31 07597429core:WithinOneYear2023-03-31 07597429core:AfterOneYear2024-03-31 07597429core:AfterOneYear2023-03-31 07597429core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 07597429core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 07597429core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 07597429core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 07597429core:PreviouslyStatedAmount2024-03-31 07597429core:PreviouslyStatedAmount2023-03-31 07597429business:SmallEntities2023-04-012024-03-31 07597429countries:EnglandWales2023-04-012024-03-31 07597429core:FurnitureFittings2023-04-012024-03-31 07597429core:FurnitureFittings2023-03-31 07597429core:FurnitureFittings2024-03-31 07597429business:Director112023-03-31 07597429business:Director112023-04-012024-03-31 07597429business:Director112024-03-31 075974292022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07597429 (England and Wales)
Karl Rooney Limited Unaudited accounts for the year ended 31 March 2024
Karl Rooney Limited Unaudited accounts Contents
Page
- 2 -
Karl Rooney Limited Company Information for the year ended 31 March 2024
Director
Mr Karl Rooney
Company Number
07597429 (England and Wales)
Registered Office
64 SUNDON ROAD HARLINGTON BEDFORDSHIRE LU5 6LS
Accountants
3rd Eye Accountax LTD PO Box 163 Manchester Greater Manchester M26 6DD
- 3 -
Karl Rooney Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
701 
825 
Current assets
Debtors
28,336 
40,956 
Cash at bank and in hand
176 
12 
28,512 
40,968 
Creditors: amounts falling due within one year
(7,430)
(8,458)
Net current assets
21,082 
32,510 
Total assets less current liabilities
21,783 
33,335 
Creditors: amounts falling due after more than one year
(9,937)
(11,863)
Provisions for liabilities
Deferred tax
(243)
(243)
Net assets
11,603 
21,229 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
11,503 
21,129 
Shareholders' funds
11,603 
21,229 
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 14 October 2024 and were signed on its behalf by
Mr Karl Rooney Director Company Registration No. 07597429
- 4 -
Karl Rooney Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Karl Rooney Limited is a private company, limited by shares, registered in England and Wales, registration number 07597429. The registered office is 64 SUNDON ROAD, HARLINGTON, BEDFORDSHIRE, LU5 6LS.
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:
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2023
2,575 
At 31 March 2024
2,575 
Depreciation
At 1 April 2023
1,750 
Charge for the year
124 
At 31 March 2024
1,874 
Net book value
At 31 March 2024
701 
At 31 March 2023
825 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
800 
3,200 
Other debtors
27,536 
37,756 
28,336 
40,956 
- 5 -
Karl Rooney Limited Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,101 
2,101 
Trade creditors
- 
2 
Taxes and social security
3,636 
4,178 
Other creditors
1,693 
2,177 
7,430 
8,458 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,937 
11,863 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr Karl Rooney
37,756 
- 
10,220 
27,536 
37,756 
- 
10,220 
27,536 
The above loan is unsecured, interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -