IRIS Accounts Production v25.1.4.42 08795874 Board of Directors 1.12.23 30.11.24 30.11.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087958742023-11-30087958742024-11-30087958742023-12-012024-11-30087958742022-11-30087958742022-12-012023-11-30087958742023-11-3008795874ns15:EnglandWales2023-12-012024-11-3008795874ns14:PoundSterling2023-12-012024-11-3008795874ns10:Director12023-12-012024-11-3008795874ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3008795874ns10:SmallEntities2023-12-012024-11-3008795874ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3008795874ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3008795874ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3008795874ns10:FullAccounts2023-12-012024-11-3008795874ns10:Director22023-12-012024-11-3008795874ns10:Director32023-12-012024-11-3008795874ns10:Director42023-12-012024-11-3008795874ns10:RegisteredOffice2023-12-012024-11-3008795874ns5:CurrentFinancialInstruments2024-11-3008795874ns5:CurrentFinancialInstruments2023-11-3008795874ns5:ShareCapital2024-11-3008795874ns5:ShareCapital2023-11-3008795874ns5:SharePremium2024-11-3008795874ns5:SharePremium2023-11-3008795874ns5:RevaluationReserve2024-11-3008795874ns5:RevaluationReserve2023-11-3008795874ns5:RetainedEarningsAccumulatedLosses2024-11-3008795874ns5:RetainedEarningsAccumulatedLosses2023-11-3008795874ns5:CostValuation2023-11-3008795874ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3008795874ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3008795874ns5:RevaluationReserve2023-11-3008795874ns10:Director222023-11-3008795874ns10:Director222022-11-3008795874ns10:Director222023-12-012024-11-3008795874ns10:Director222022-12-012023-11-3008795874ns10:Director222024-11-3008795874ns10:Director222023-11-30087958743ns10:Director32023-11-30087958743ns10:Director32022-11-30087958743ns10:Director32023-12-012024-11-30087958743ns10:Director32022-12-012023-11-30087958743ns10:Director32024-11-30087958743ns10:Director32023-11-30
REGISTERED NUMBER: 08795874 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Krakatoa Investments Limited

Krakatoa Investments Limited (Registered number: 08795874)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Krakatoa Investments Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Mr M J W Richards
Ms L E W Richards
Mr A C H Richards
Ms L E Weldon





REGISTERED OFFICE: Hatchlands House
Chiddingfold Road
Dunsfold
Surrey
GU8 4PB





REGISTERED NUMBER: 08795874 (England and Wales)





ACCOUNTANTS: Bennewith 2018 Limited
t/a A J Bennewith & Co
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GU1 4XA

Krakatoa Investments Limited (Registered number: 08795874)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1 1
Investment property 5 1,350,000 1,350,000
1,350,001 1,350,001

CURRENT ASSETS
Debtors 6 7,961 12,445
Cash at bank 27,991 21,941
35,952 34,386
CREDITORS
Amounts falling due within one year 7 283,190 276,984
NET CURRENT LIABILITIES (247,238 ) (242,598 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,102,763 1,107,403

PROVISIONS FOR LIABILITIES 85,500 85,500
NET ASSETS 1,017,263 1,021,903

CAPITAL AND RESERVES
Called up share capital 8 8
Share premium 892,516 894,323
Revaluation reserve 8 124,739 124,739
Retained earnings - 2,833
1,017,263 1,021,903

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Krakatoa Investments Limited (Registered number: 08795874)

Balance Sheet - continued
30 November 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 April 2025 and were signed on its behalf by:





Mr A C H Richards - Director


Krakatoa Investments Limited (Registered number: 08795874)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Krakatoa Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Tangible assets are stated at cost less accumulated depreciation. Cost includes the original purchase price and costs directly attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% straight line

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Financial instruments are classified by the directors as basic or non-basic, following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest rate method. The company has no non-basic financial instruments.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Krakatoa Investments Limited (Registered number: 08795874)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2023
and 30 November 2024 1
NET BOOK VALUE
At 30 November 2024 1
At 30 November 2023 1

Fixed asset investments comprise of a share held in Chase Services Limited which represents an eighth of the issued share capital of the company.

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023
and 30 November 2024 1,350,000
NET BOOK VALUE
At 30 November 2024 1,350,000
At 30 November 2023 1,350,000

The investment property owned by the company has been valued at 30 November 2023 by the directors, based on professional advice, using an open market value for existing use basis at £1,350,000 (2023: £1,350,000). The historical cost of this property is £900,000.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors 7,961 12,445

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 1,553 -
Taxation and social security 4,366 4,088
Other creditors 277,271 272,896
283,190 276,984

Krakatoa Investments Limited (Registered number: 08795874)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

8. RESERVES
Revaluation
reserve
£   
At 1 December 2023
and 30 November 2024 124,739

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24 30.11.23
£    £   
Mr M J W Richards
Balance outstanding at start of year 2,500 -
Amounts advanced - 2,500
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,500 2,500

Ms L E W Richards
Balance outstanding at start of year 2,500 -
Amounts advanced - 2,500
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,500 2,500