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Company Registration No. 15281543 (England and Wales)
Karnecs Property Ltd Unaudited accounts for the year ended 30 November 2025
Karnecs Property Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Karnecs Property Ltd Company Information for the year ended 30 November 2025
Directors
Charles Karikoga Christine Mukomberanwa
Company Number
15281543 (England and Wales)
Registered Office
16 Felton Close Stafford Staffordshire ST17 4FG England
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Karnecs Property Ltd Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
130,689
130,861
Current assets
Cash at bank and in hand
66
443
Creditors: amounts falling due within one year
5
(40,069)
(38,599)
Net current liabilities
(40,003)
(38,156)
Total assets less current liabilities
90,686
92,705
Creditors: amounts falling due after more than one year
6
(94,979)
(97,686)
Net liabilities
(4,293)
(4,981)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(4,393)
(5,081)
Shareholders' funds
(4,293)
(4,981)
For the year ending 30 November 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 26 August 2026 and were signed on its behalf by
Charles Karikoga Director Company Registration No. 15281543
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Karnecs Property Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Karnecs Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 15281543. The registered office is 16 Felton Close, Stafford, Staffordshire, ST17 4FG, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
0%
Computer equipment
20% reducing balance
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 December 2024
130,000
1,076
131,076
At 30 November 2025
130,000
1,076
131,076
Depreciation
At 1 December 2024
-
215
215
Charge for the year
-
172
172
At 30 November 2025
-
387
387
Net book value
At 30 November 2025
130,000
689
130,689
At 30 November 2024
130,000
861
130,861
5
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
39,519
38,049
Accruals
550
550
40,069
38,599
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Karnecs Property Ltd Notes to the Accounts for the year ended 30 November 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
94,979
97,686
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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