CARAT COMPUTER SYSTEMS LIMITED

CARAT COMPUTER SYSTEMS LIMITED

CARAT COMPUTER SYSTEMS LIMITED - Company Information

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CARAT COMPUTER SYSTEMS LIMITED

Company Registration Number:
03603296 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2023

Period of accounts

Start date: 01 May 2022

End date: 30 April 2023

CARAT COMPUTER SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2023

Balance sheet
Notes

CARAT COMPUTER SYSTEMS LIMITED

Balance sheet

As at 30 April 2023


Notes
2023
2022


£
£
Current assets
Debtors:   24,285 70,672
Cash at bank and in hand: 16,757 36,975
Total current assets: 41,042 107,647
Creditors: amounts falling due within one year:   (22,160) (63,626)
Net current assets (liabilities): 18,882 44,021
Total assets less current liabilities: 18,882 44,021
Total net assets (liabilities): 18,882 44,021
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 18,682 43,821
Shareholders funds: 18,882 44,021

The notes form part of these financial statements

CARAT COMPUTER SYSTEMS LIMITED

Balance sheet statements

For the year ending 30 April 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 December 2023
and signed on behalf of the board by:

Name: R C K Gregory
Status: Director

The notes form part of these financial statements

CARAT COMPUTER SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is derived from the principal activity of the company of the supply of computer equipment. Turnover represents net invoiced sales of goods and services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Other accounting policies

TaxationTaxation 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.Going concernThe director has considered the financial position of the company and believes it is well placed to manage its business risks successfully. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus continues to adopt the going concern basis of preparation in preparing the financial statements.

CARAT COMPUTER SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

CARAT COMPUTER SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Related party transactions

During the year the company was controlled by R C K Gregory.