Company Registration No. 13971380 (England and Wales)
KARAKUYU PROPERTY LTD
Unaudited accounts
for the year ended 28 February 2025
KARAKUYU PROPERTY LTD
Unaudited accounts
Contents
KARAKUYU PROPERTY LTD
Company Information
for the year ended 28 February 2025
Company Number
13971380 (England and Wales)
Registered Office
49 LINDEN GARDENS
ENFIELD
EN1 4DU
ENGLAND
Accountants
GRAND CONSULTANCY (LONDON) LIMITED
60 MILLMEAD BUSINESS CENTER
MILLMEAD ROAD
LONDON
N17 9QU
KARAKUYU PROPERTY LTD
Statement of financial position
as at 28 February 2025
Tangible assets
889,457
448,857
Cash at bank and in hand
4,139
7,127
Creditors: amounts falling due within one year
(910,822)
(456,238)
Net current liabilities
(906,683)
(449,111)
Net liabilities
(17,226)
(254)
Called up share capital
100
100
Profit and loss account
(17,326)
(354)
Shareholders' funds
(17,226)
(254)
For the year ending 28 February 2025 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 April 2025 and were signed on its behalf by
SALMAN KARAKUYU
Director
Company Registration No. 13971380
KARAKUYU PROPERTY LTD
Notes to the Accounts
for the year ended 28 February 2025
KARAKUYU PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 13971380. The registered office is 49 LINDEN GARDENS, ENFIELD, EN1 4DU, 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 28 February 2025
889,457
At 28 February 2025
889,457
At 29 February 2024
448,857
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
632,120
308,888
Other creditors
1,950
1,950
Loans from directors
276,032
145,400
KARAKUYU PROPERTY LTD
Notes to the Accounts
for the year ended 28 February 2025
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).