REGISTERED NUMBER: 14371415 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 1 OCTOBER 2024 TO 31 JULY 2025

FOR

KARENEST ILFORD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr Zahid Ali Choudhry

REGISTERED OFFICE:

Unit 2a 420 Eastern Avenue

Ilford

IG2 6NQ

REGISTERED NUMBER:

14371415 (England and Wales)

FIXED ASSETS

Tangible assets

4

15,924

18,721

CURRENT ASSETS

Debtors

5

124,204

120,267

Cash at bank and in hand

36,067

757

160,271

121,024

CREDITORS

Amounts falling due within one year

6

165,692

268,798

NET CURRENT LIABILITIES

(5,421

)

(147,774

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,503

(129,053

)

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

10,502

(129,054

)

SHAREHOLDERS' FUNDS

10,503

(129,053

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 July 2026 and were signed by:

Mr Zahid Ali Choudhry - Director

1.	STATUTORY INFORMATION

Karenest Ilford Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

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

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

25% on reducing balance

TAXATION

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 8 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 October 2024

20,932

6,933

3,093

30,958

Additions

-

2,319

349

2,668

At 31 July 2025

20,932

9,252

3,442

33,626

DEPRECIATION

At 1 October 2024

8,372

2,512

1,353

12,237

Charge for period

3,488

1,542

435

5,465

At 31 July 2025

11,860

4,054

1,788

17,702

NET BOOK VALUE

At 31 July 2025

9,072

5,198

1,654

15,924

At 30 September 2024

12,560

4,421

1,740

18,721

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

30/9/24

£

£

Trade debtors

98,587

112,518

Amounts owed by group undertakings

22,617

4,749

Other debtors

3,000

3,000

124,204

120,267

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

30/9/24

£

£

Trade creditors

1,080

24,679

Amounts owed to group undertakings

144,041

126,736

Tax

155

-

Social security and other taxes

1,922

3,930

Net wages

402

-

Other creditors

16,717

101,068

Directors' current accounts

-

11,635

Accrued expenses

1,375

750

165,692

268,798

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/7/25

30/9/24

value:

£

£

1

Ordinary

1

1

1

8.

RESERVES

Retained

earnings

£

At 1 October 2024

(129,054

)

Profit for the period

139,556

At 31 July 2025

10,502