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Company No: 15435407 (England and Wales)

# CAROKAHN LTD

### Unaudited Financial Statements
For the financial period from 23 January 2024 to 31 January 2025
Pages for filing with the registrar

CAROKAHN LTD

## Unaudited Financial Statements

For the financial period from 23 January 2024 to 31 January 2025

Contents

CAROKAHN LTD

## STATEMENT OF FINANCIAL POSITION

As at 31 January 2025
CAROKAHN LTD

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 January 2025

| Note | 31.01.2025
|  | £
Fixed assets |  |
Intangible assets | 3 | 2,736
Tangible assets | 4 | 1,871
|  | 4,607
Current assets |  |
Debtors | 5 | 26,693
Cash at bank and in hand |  | 11,106
|  | 37,799
Creditors: amounts falling due within one year | 6 | ( 20,434)
Net current assets |  | 17,365
Total assets less current liabilities |  | 21,972
Provision for liabilities | 7 | ( 390)
Net assets |  | 21,582
Capital and reserves |  |
Called-up share capital |  | 1
Profit and loss account |  | 21,581
Total shareholder's funds |  | 21,582

For the financial period ending 31 January 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of CaroKahn Ltd (registered number: 15435407) were approved and authorised for issue by the Director. They were signed on its behalf by:

Gerald West Director |

21 January 2026

CAROKAHN LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 23 January 2024 to 31 January 2025
CAROKAHN LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 23 January 2024 to 31 January 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

##### General information and basis of accounting

CaroKahn Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 3rd Floor, 86-90 Paul Street, London, EC2A 4NE, United Kingdom.
The company was incorporated on 23 January 2024, and commenced business activities on 1 February 2024.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Statement of Financial Position date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Statement of Financial Position date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Trademarks, patents and licences | 10 years straight line

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment | 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Income Statement as described below.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Employees

| Period from 23.01.2024 to 31.01.2025
| Number
Monthly average number of persons employed by the Company during the period, including the director | 2

#### 3. Intangible assets

| Trademarks, patents and licences |  | Total
| £ |  | £
Cost |  |  |
At 23 January 2024 | 0 |  | 0
Additions | 2,920 |  | 2,920
At 31 January 2025 | 2,920 |  | 2,920
Accumulated amortisation |  |  |
At 23 January 2024 | 0 |  | 0
Charge for the financial period | 184 |  | 184
At 31 January 2025 | 184 |  | 184
Net book value |  |  |
At 31 January 2025 | 2,736 |  | 2,736

#### 4. Tangible assets

| Computer equipment |  | Total
| £ |  | £
Cost |  |  |
At 23 January 2024 | 0 |  | 0
Additions | 2,175 |  | 2,175
At 31 January 2025 | 2,175 |  | 2,175
Accumulated depreciation |  |  |
At 23 January 2024 | 0 |  | 0
Charge for the financial period | 304 |  | 304
At 31 January 2025 | 304 |  | 304
Net book value |  |  |
At 31 January 2025 | 1,871 |  | 1,871

#### 5. Debtors

| 31.01.2025
| £
Trade debtors | 26,624
VAT recoverable | 32
Other debtors | 37
| 26,693

#### 6. Creditors: amounts falling due within one year

| 31.01.2025
| £
Amounts owed to director | 10,066
Accruals | 3,370
Taxation and social security | 6,998
| 20,434

#### 7. Provision for liabilities

| Deferred taxation |  | Total
| £ |  | £
At 23 January 2024 | 0 |  | 0
Charged to the Income Statement | 390 |  | 390
At 31 January 2025 | 390 |  | 390

Deferred tax

| 31.01.2025
| £
Accelerated capital allowances | ( 23)
Other timing differences | 413
Provision for deferred tax | 390