Company Registration No. 10707568 (England and Wales)
KAROLEV LIMITED
Unaudited accounts
for the year ended 30 April 2024
KAROLEV LIMITED
Unaudited accounts
Contents
KAROLEV LIMITED
Company Information
for the year ended 30 April 2024
Company Number
10707568 (England and Wales)
Registered Office
73 GREENWAY ROAD
WIDNES
WA8 6HD
ENGLAND
Accountants
DoKument Ltd
Corbet Arms
High Street
Market Drayton
Shropshire
TF9 1PY
KAROLEV LIMITED
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
7,000
7,200
Creditors: amounts falling due within one year
(4,840)
(3,391)
Net current assets
2,160
3,809
Total assets less current liabilities
2,226
3,891
Creditors: amounts falling due after more than one year
(2,104)
(3,655)
Called up share capital
10
10
Profit and loss account
112
226
Shareholders' funds
122
236
For the year ending 30 April 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 16 December 2024 and were signed on its behalf by
S Y Karolev
Director
Company Registration No. 10707568
KAROLEV LIMITED
Notes to the Accounts
for the year ended 30 April 2024
KAROLEV LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10707568. The registered office is 73 GREENWAY ROAD, WIDNES, WA8 6HD, 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.
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
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
20% Reducing balance
4
Tangible fixed assets
Computer equipment
KAROLEV LIMITED
Notes to the Accounts
for the year ended 30 April 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,600
1,600
Taxes and social security
914
1,203
Loans from directors
1,546
108
6
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).