NARKAN LTD

Company Registration Number:
09169734 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

NARKAN LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

NARKAN LTD

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 66 132
Total fixed assets: 66 132
Current assets
Debtors:   760 920
Cash at bank and in hand: 2,363 3,600
Total current assets: 3,123 4,520
Creditors: amounts falling due within one year:   (1,534) (1,860)
Net current assets (liabilities): 1,589 2,660
Total assets less current liabilities: 1,655 2,792
Provision for liabilities: (12) (25)
Total net assets (liabilities): 1,643 2,767
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 1,641 2,765
Shareholders funds: 1,643 2,767

The notes form part of these financial statements

NARKAN LTD

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 May 2025
and signed on behalf of the board by:

Name: T Cosh
Status: Director

The notes form part of these financial statements

NARKAN LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fittings fixtures and equipment - 33% straight line

Other accounting policies

Taxation The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tangible assets Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Provisions Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Defined contribution plan Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

NARKAN LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

NARKAN LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 3,727
At 31 August 2024 3,727
Depreciation
At 01 September 2023 3,595
Charge for year 66
At 31 August 2024 3,661
Net book value
At 31 August 2024 66
At 31 August 2023 132

NARKAN LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Loans to directors

Name of director receiving advance or credit: T Cosh
Description of the loan: Credit from director
£
Balance at 01 September 2023 899
Advances or credits made: 312
Balance at 31 August 2024 1,211

Credits provided by the Director to the company are interest free and repayable on demand.

NARKAN LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Related party transactions

Name of the related party:
Relationship:
Directors
Description of the Transaction: In addition to remuneration paid to T Cosh (Director) in the year of £7,310, the following dividends were also paid: T Cosh (Director) £850, E Cosh (Director) £850.
£
Balance at 01 September 2023 0
Balance at 31 August 2024 0
Name of the related party:
Relationship:
Connected company
Description of the Transaction: During the year services totalling £1,282 (inclusive of expenses of £360) were provided to the Pregnancy Crisis Helpline which is a charity for which T Cosh is Trustee.
£
Balance at 01 September 2023 0
Balance at 31 August 2024 0

The company is jointly controlled by T Cosh & E Cosh, Directors.