| Registered Number:05588048 |
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2024
Karroo Capital Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Karroo Capital Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
1,269
2,040
2
1,269
2,040
2,890
2,890
3
| Trade and other receivables |
8,129
11,278
4
138,511
| Cash and cash equivalents |
87,731
101,899
149,530
| Trade and other payables: amounts falling due within one |
| year |
(52,649)
(53,766)
5
96,881
48,133
Net current assets
| Total assets less current liabilities |
49,402
98,921
49,402
Net assets
98,921
100
100
49,302
98,821
49,402
98,921
Shareholders' funds
| For the year ended 31 October 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 24 February 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 October 2024
Karroo Capital Limited
Notes to the Financial Statements
Statutory Information
| Karroo Capital Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 05588048. |
91 Woodside
London
SW19 7BA
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable excluding value added tax for services provided. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Foreign currencies
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result. |
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For the year ended 31 October 2024
Karroo Capital Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
17,478
319
17,797
| Provision for depreciation and impairment |
15,438
Charge for year
1,090
16,528
1,269
2,040
2023
2024
2,890
2,890
| 4. Trade and other receivables |
2023
2024
3,292
3,292
7,986
4,837
8,129
11,278
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
| Taxation and social security |
5,586
13,768
48,180
38,881
53,766
52,649
| 6. Average number of persons employed |
During the year the average number of employees was 2 (2023 : 2)
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For the year ended 31 October 2024
Karroo Capital Limited
Notes to the Financial Statements Continued
4 of 4