Registered number
10731278
Good Karma Properties Ltd
Filleted Accounts
30 April 2024
Good Karma Properties Ltd
Registered number: 10731278
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Creditors: amounts falling due within one year 3 (7,502) (6,950)
Net current liabilities (7,493) (6,941)
Net liabilities (7,493) (6,941)
Capital and reserves
Called up share capital 1 1
Profit and loss account (7,494) (6,942)
Shareholders' funds (7,493) (6,941)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R PATEL
Director
Approved by the board on 28 January 2025
Good Karma Properties Ltd
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts - -
Other creditors 7,502 6,950
7,502 6,950
4 Other information
Good Karma Properties Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Ground Floor
35 New England Road
Brighton
East Sussex
BN1 4GG
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