REGISTERED NUMBER: 12076083 (England and Wales)

Financial Statements for the Year Ended 30 June 2026

for

Karul Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M I Karul

REGISTERED OFFICE:

232 Old Church Road

Chingford

London

E4 8BT

REGISTERED NUMBER:

12076083 (England and Wales)

ACCOUNTANTS:

Musalar & Co Accountants

International Accountant &Tax Consultant

FAIA, FFA, FIPA,,FFTA

536 Lordship Lane

London

N22 5BY

FIXED ASSETS

Tangible assets

4

1,995,992

1,444,817

CURRENT ASSETS

Debtors

5

2,500

2,500

Cash at bank

22,741

24,869

25,241

27,369

CREDITORS

Amounts falling due within one year

6

4,119

4,356

NET CURRENT ASSETS

21,122

23,013

TOTAL ASSETS LESS CURRENT LIABILITIES

2,017,114

1,467,830

CREDITORS

Amounts falling due after more than one year

7

1,991,389

1,453,274

NET ASSETS

25,725

14,556

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Retained earnings

10

24,725

13,556

SHAREHOLDERS' FUNDS

25,725

14,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 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 3 September 2026 and were signed by:

M I Karul - Director

1.	STATUTORY INFORMATION

Karul 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.

Taxation

Taxation for the year 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 1 July 2025

1,444,817

-

1,444,817

Additions

551,000

219

551,219

At 30 June 2026

1,995,817

219

1,996,036

DEPRECIATION

Charge for year

-

44

44

At 30 June 2026

-

44

44

NET BOOK VALUE

At 30 June 2026

1,995,817

175

1,995,992

At 30 June 2025

1,444,817

-

1,444,817

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Tenant deposits

2,500

2,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Trade creditors

-

781

Tax

3,294

3,575

Accrued expenses

825

-

4,119

4,356

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.26

30.6.25

£

£

Bank loans (see note 8)

1,430,954

1,084,368

Directors' loan accounts

560,435

368,906

1,991,389

1,453,274

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,430,954

1,084,368

8.

LOANS

An analysis of the maturity of loans is given below:

30.6.26

30.6.25

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,430,954

1,084,368

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.26

30.6.25

value:

£

£

1,000

Ordinary shares class A

1.00

1,000

1,000

10.

RESERVES

Retained

earnings

£

At 1 July 2025

13,556

Profit for the year

11,169

At 30 June 2026

24,725