Company Registration No. 05204032 (England and Wales)
Karparts Cheltenham Limited
Unaudited accounts
for the year ended 31 March 2025
Karparts Cheltenham Limited
Unaudited accounts
Contents
Karparts Cheltenham Limited
Company Information
for the year ended 31 March 2025
Company Number
05204032 (England and Wales)
Registered Office
70 Tennyson Road
St Marks
Cheltenham
Gloucestershire
GL51 7DB
Accountants
Louise Newman and co Ltd
2 Bath Mews
Bath Parade
Cheltenham
Gloucestershire
GL53 7HL
Karparts Cheltenham Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
46,497
49,150
Creditors: amounts falling due within one year
(18,718)
(27,055)
Net current assets
57,779
52,095
Called up share capital
2
2
Profit and loss account
57,777
52,093
Shareholders' funds
57,779
52,095
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 11 November 2025 and were signed on its behalf by
Mukesh Patel
Director
Company Registration No. 05204032
Karparts Cheltenham Limited
Notes to the Accounts
for the year ended 31 March 2025
Karparts Cheltenham Limited is a private company, limited by shares, registered in England and Wales, registration number 05204032. The registered office is 70 Tennyson Road , St Marks, Cheltenham, Gloucestershire, GL51 7DB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. T
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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 accounts. 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.
4
Creditors: amounts falling due within one year
2025
2024
Trade creditors
6,686
5,376
Taxes and social security
7,197
8,733
Loans from directors
67
9,513
5
Average number of employees
During the year the average number of employees was 1 (2024: 1).