Karakal Worldwide Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 02872410

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		176,531		218,531
Tangible Assets	5		23,862		15,760

			200,393		234,291
CURRENT ASSETS
Stocks		380,217		432,459
Debtors		446,431		293,746
Cash at bank and in hand		725,983		781,915

		1,552,631		1,508,120
Creditors: Amounts Falling Due Within One Year		(306,684 )		(343,902 )

NET CURRENT ASSETS (LIABILITIES)			1,245,947		1,164,218

TOTAL ASSETS LESS CURRENT LIABILITIES			1,446,340		1,398,509

NET ASSETS			1,446,340		1,398,509

CAPITAL AND RESERVES
Called up share capital	6		2,000		2,000
Profit and Loss Account			1,444,340		1,396,509

SHAREHOLDERS' FUNDS			1,446,340		1,398,509

Page 1

Page 2

Karakal Worldwide Limited

Abridged Balance Sheet (continued)

As At 30 June 2025

For the year ending 30 June 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 June 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

K W Sawyer

Director

15th August 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Karakal Worldwide Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02872410 . The registered office is The Old Tanks, Penpole Lane, Shirehampton, Bristol, BS11 0EA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Research and Development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.

If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.

Page 3

Page 4

Karakal Worldwide Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 June 2025

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25%
Motor Vehicles	25%
Computer Equipment	25%

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 9)

4. Intangible Assets

	Total
	£
Cost
As at 1 July 2024	900,307

As at 30 June 2025	900,307

Amortisation
As at 1 July 2024	681,776
Provided during the period	42,000

As at 30 June 2025	723,776

...CONTINUED

Page 4

Page 5

Karakal Worldwide Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 June 2025

Net Book Value
As at 30 June 2025	176,531

As at 1 July 2024	218,531

5. Tangible Assets

	Total
	£
Cost
As at 1 July 2024	57,702
Additions	13,146

As at 30 June 2025	70,848

Depreciation
As at 1 July 2024	41,942
Provided during the period	5,044

As at 30 June 2025	46,986

Net Book Value
As at 30 June 2025	23,862

As at 1 July 2024	15,760

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2,000	2,000

Page 5