Caro London Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08492070 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2022

FOR

CARO LONDON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs C M C Zorbis

REGISTERED OFFICE:

Solar House

282 Chase Road

London

N14 6NZ

REGISTERED NUMBER:

08492070 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certifed Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Tangible assets

4

4,046

6,070

Investment property

5

1,526,721

1,530,767

1,532,791

CURRENT ASSETS

Debtors

6

1,738

1,496

Cash at bank and in hand

102,928

99,865

104,666

101,361

CREDITORS

Amounts falling due within one year

7

1,543,717

1,588,595

NET CURRENT LIABILITIES

(1,439,051

)

(1,487,234

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

91,716

45,557

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

91,616

45,457

SHAREHOLDERS' FUNDS

91,716

45,557

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 December 2022 and were signed by:

Mrs C M C Zorbis - Director

1.	STATUTORY INFORMATION

Caro London 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 represents amounts derived from rents charged to tenants during the year, and is recognised at the date the rental period occurred. This is stated after trade discounts 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.

Fixtures and fittings

-

20% straight line

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 May 2021

and 30 April 2022

10,116

DEPRECIATION

At 1 May 2021

4,046

Charge for year

2,024

At 30 April 2022

6,070

NET BOOK VALUE

At 30 April 2022

4,046

At 30 April 2021

6,070

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2021

and 30 April 2022

1,526,721

NET BOOK VALUE

At 30 April 2022

1,526,721

At 30 April 2021

1,526,721

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.22

30.4.21

£

Prepayments

1,738

1,496

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.22

30.4.21

£

Trade creditors

36

-

Tenants Deposit

3,430

Tax

12,750

14,272

Social security and other taxes

2,445

-

Directors' current accounts

1,523,124

1,569,093

Accrued expenses

1,932

1,800

1,543,717

1,588,595

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.22

30.4.21

value:

£

100

Ordinary

1

100

Caro London Limited - Accounts to registrar (filleted) - small 22.3

Caro London Limited - Accounts to registrar (filleted) - small 22.3