Company registration number 05827483 (England and Wales)
CARMEL EXECUTIVE SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2022
CARMEL EXECUTIVE SERVICES LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 4
CARMEL EXECUTIVE SERVICES LIMITED
BALANCE SHEET
- 1 -
2022
2021
Notes
£
£
£
£
Current assets
Debtors
3
1,800
Cash at bank and in hand
45,938
53,299
45,938
55,099
Creditors: amounts falling due within one year
4
(174,489)
(187,576)
Net current liabilities
(128,551)
(132,477)
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
6
(128,651)
(132,577)
Total equity
(128,551)
(132,477)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 May 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 5 January 2023
Mr A Korein
Director
Company Registration No. 05827483
CARMEL EXECUTIVE SERVICES LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MAY 2022
- 2 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 June 2020
100
(123,665)
(123,565)
Year ended 31 May 2021:
Loss and total comprehensive income for the year
-
(8,912)
(8,912)
Balance at 31 May 2021
100
(132,577)
(132,477)
Year ended 31 May 2022:
Profit and total comprehensive income for the year
-
3,926
3,926
Balance at 31 May 2022
100
(128,651)
(128,551)
CARMEL EXECUTIVE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2022
- 3 -
1
Accounting policies
Company information
Carmel Executive Services Limited is a
private
company
limited by shares
incorporated in
England and Wales
.
The registered office is
14 Broadley Street, London, England, NW8 8AE.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2
Going concern
These financial statements are prepared on the going concern basis. The director has a reasonable expectation that the company will continue in operational existence for the foreseeable future.
1.3
Foreign exchange
Transactions in currencies other than
pounds sterling
are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation
in the period
are included in profit or loss.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2022
2021
Number
Number
Total
3
Debtors
2022
2021
Amounts falling due within one year:
£
£
Other debtors
1,800
CARMEL EXECUTIVE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2022
- 4 -
4
Creditors: amounts falling due within one year
2022
2021
£
£
Other creditors
172,289
185,576
Accruals and deferred income
2,200
2,000
174,489
187,576
5
Called up share capital
2022
2021
2022
2021
Ordinary share capital
Number
Number
£
£
Issued and fully paid
of £1 each
100
100
100
100
6
Profit and loss reserves
2022
2021
£
£
At the beginning of the year
(132,577)
(123,665)
Profit/(loss) for the year
3,926
(8,912)
At the end of the year
(128,651)
(132,577)
7
Related party transactions
Screen International Security Services Limited
A Company in which Mr Korein is a director and shareholder
The company owes Screen International Security Services Limited £151,843 (2021: £165,130) at the year end.