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Company Registration No. 09402279 (England and Wales)
Karunalaya Ltd Unaudited accounts for the year ended 31 January 2024
Karunalaya Ltd Unaudited accounts Contents
Page
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Karunalaya Ltd Company Information for the year ended 31 January 2024
Directors
Satheeswaran MANIKCAWASAGA SARMA Muraleetharasarma NAGENTHIRASARMA
Company Number
09402279 (England and Wales)
Registered Office
8 Kingshill Court High Wycombe Buckinghamshire HP13 5FN England
Accountants
JSM Accountants and Tax Advisors 1 Peach Place Wokingham RG40 1lY
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Karunalaya Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
150,000 
150,000 
Current assets
Cash at bank and in hand
5,876 
26,549 
Creditors: amounts falling due within one year
(1,273)
(1,023)
Net current assets
4,603 
25,526 
Total assets less current liabilities
154,603 
175,526 
Creditors: amounts falling due after more than one year
(163,541)
(171,948)
Net (liabilities)/assets
(8,938)
3,578 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(9,038)
3,478 
Shareholders' funds
(8,938)
3,578 
For the year 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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 29 January 2025 and were signed on its behalf by
Satheeswaran MANIKCAWASAGA SARMA Director Company Registration No. 09402279
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Karunalaya Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Karunalaya Ltd is a private company, limited by shares, registered in England and Wales, registration number 09402279. The registered office is 8 Kingshill Court, High Wycombe, Buckinghamshire, HP13 5FN, 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.
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 February 2023
150,000 
At 31 January 2024
150,000 
Depreciation
At 31 January 2024
- 
Net book value
At 31 January 2024
150,000 
At 31 January 2023
150,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
773 
773 
Accruals
500 
250 
1,273 
1,023 
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Karunalaya Ltd Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,434 
28,841 
Loans from directors
143,107 
143,107 
163,541 
171,948 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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