Company No:
Contents
Directors | Lindsay Anne Gregory |
Claire Elizabeth Payne | |
David Smith |
Secretary | Claire Elizabeth Payne |
Registered office | 2nd Floor 168 Shoreditch High Street |
London | |
E1 6RA | |
United Kingdom |
Company number | 01030116 (England and Wales) |
Accountant | Kreston Reeves LLP |
Montague Place | |
Quayside | |
Chatham Maritime | |
Chatham | |
ME4 4QU |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.
It is your duty to ensure that Carafe (Property Management) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Carafe (Property Management) Limited. You consider that Carafe (Property Management) Limited is exempt from the statutory audit requirement for the financial year.
We have not been instructed to carry out an audit or a review of the financial statements of Carafe (Property Management) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Chartered Accountants
Quayside
Chatham Maritime
Chatham
ME4 4QU
Note | 2024 | 2023 | ||
£ | £ | |||
Current assets | ||||
Debtors | 3 |
|
|
|
Cash at bank and in hand |
|
|
||
4,935 | 4,941 | |||
Creditors: amounts falling due within one year | 4 | (
|
(
|
|
Net current assets | 4,276 | 4,282 | ||
Total assets less current liabilities | 4,276 | 4,282 | ||
Net assets |
|
|
||
Reserves | ||||
Profit and loss account |
|
|
||
Total reserves |
|
|
Directors' responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Carafe (Property Management) Limited (registered number:
Claire Elizabeth Payne
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Carafe (Property Management) Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2nd Floor 168 Shoreditch High Street, London, E1 6RA, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
2024 | 2023 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including directors |
|
|
2024 | 2023 | ||
£ | £ | ||
Prepayments |
|
|
|
Other debtors |
|
|
|
|
|
2024 | 2023 | ||
£ | £ | ||
Accruals |
|
|
|
Other creditors |
|
|
|
|
|
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is labile to contribute £1 towards the assets of the company in the event of liquidation.