Company Registration No. 11278377 (England and Wales)
KARVIN RETAIL LIMITED
Unaudited accounts
for the year ended 31 March 2025
KARVIN RETAIL LIMITED
Unaudited accounts
Contents
KARVIN RETAIL LIMITED
Company Information
for the year ended 31 March 2025
Directors
Rajalakshmi Pachaimuthu Ramalingam
Venkatesh Raja
Company Number
11278377 (England and Wales)
Registered Office
C/O Accountax International Limited
145 Worplesdon Road
Guildford
Surrey
GU2 9XA
United Kingdom
Accountants
Accountax
145 Worplesdon Road
Guildford
Surrey
GU2 9XA
KARVIN RETAIL LIMITED
Statement of financial position
as at 31 March 2025
Intangible assets
232,150
232,150
Tangible assets
73,603
27,775
Inventories
180,000
160,000
Cash at bank and in hand
41,198
9,673
Creditors: amounts falling due within one year
(205,008)
(70,751)
Net current assets
41,470
124,202
Total assets less current liabilities
347,223
384,127
Creditors: amounts falling due after more than one year
(239,415)
(336,694)
Called up share capital
2
2
Profit and loss account
107,806
47,431
Shareholders' funds
107,808
47,433
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 1 December 2025 and were signed on its behalf by
Rajalakshmi Pachaimuthu Ramalingam
Director
Company Registration No. 11278377
KARVIN RETAIL LIMITED
Notes to the Accounts
for the year ended 31 March 2025
KARVIN RETAIL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11278377. The registered office is C/O Accountax International Limited, 145 Worplesdon Road, Guildford, Surrey, GU2 9XA, United Kingdom.
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:
Plant & machinery
20% reducing bal
Motor vehicles
25% Reducing Bal
Fixtures & fittings
20% Reducing Bal
Computer equipment
25% Reducing Bal
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
KARVIN RETAIL LIMITED
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
-
11,041
30,043
1,038
42,122
Additions
30,069
-
35,566
-
65,635
At 31 March 2025
30,069
11,041
65,609
1,038
107,757
At 1 April 2024
-
6,382
7,511
454
14,347
Charge for the year
6,014
1,165
12,482
146
19,807
At 31 March 2025
6,014
7,547
19,993
600
34,154
At 31 March 2025
24,055
3,494
45,616
438
73,603
At 31 March 2024
-
4,659
22,532
584
27,775
Amounts falling due within one year
Other debtors
25,280
25,280
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
78,166
60,930
Taxes and social security
52,398
6,844
8
Creditors: amounts falling due after more than one year
2025
2024
Trade creditors
83,200
83,200
Other creditors
144,215
219,934
Loans from directors
-
10,000
9
Average number of employees
During the year the average number of employees was 20 (2024: 20).