| Karrek Financial Management Limited |
| Registered Number:05420119 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2024
Karrek Financial Management Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Karrek Financial Management Limited
Statement of Financial Position
2023
2024
482,611
493,355
2
| Property, plant and equipment |
371,319
371,439
3
853,930
864,794
| Trade and other receivables |
554,137
355,098
4
374,657
| Cash and cash equivalents |
534,120
889,218
928,794
| Trade and other payables: amounts falling due within one |
| year |
(101,074)
(93,541)
5
827,720
795,677
Net current assets
| Total assets less current liabilities |
1,649,607
1,692,514
| Trade and other payables: amounts falling due after more |
| than one year |
(129,139)
(104,716)
6
1,544,891
Net assets
1,563,375
103
103
139,999
139,999
1,404,789
1,423,273
1,544,891
1,563,375
Shareholders' funds
| For the year ended 31 December 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 December 2024 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their 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. |
1 of 4
For the year ended 31 December 2024
Karrek Financial Management Limited
Statement of Financial Position Continued
| Mr Andrew Simon Turner Director |
| These financial statements were approved and authorised for issue by the Board on 29 September 2025 and were signed by: |
| The notes form part of these financial statements |
2 of 4
For the year ended 31 December 2024
Karrek Financial Management Limited
Notes to the Financial Statements
Statutory Information
| Karrek Financial Management Limited is a private limited company, limited by shares, domiciled in England and |
| Wales, registration number 05420119. |
9 Hilgrove Road
Newquay
Cornwall
TR7 2QY
| 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. |
| 2. Intangible fixed assets |
Goodwill
555,708
555,708
62,353
10,744
Charge for year
73,097
482,611
493,355
3 of 4
For the year ended 31 December 2024
Karrek Financial Management Limited
Notes to the Financial Statements Continued
| 3. Property, plant and equipment |
417,547
29,950
16,518
371,079
371,079
16,518
29,950
417,547
| Provision for depreciation and impairment |
46,108
29,950
16,158
-
Charge for year
120
-
120
-
46,228
29,950
16,278
-
371,079
240
-
371,319
371,079
360
-
371,439
| 4. Trade and other receivables |
2023
2024
355,098
554,137
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
38,981
48,118
| Taxation and social security |
52,931
49,330
1,629
3,626
93,541
101,074
| 6. Trade and other payables: amounts falling due after more than one year |
2023
2024
104,716
129,139
| 7. Average number of persons employed |
During the year the average number of employees was 4 (2023 : 4)
4 of 4