Karis Homes Limited - Period Ending 2019-03-31

Registration number: 04481100

Karis Homes Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2019

SRC-Time Ltd
Chartered Accountants and Chartered Tax Advisors
2nd Floor
Stanford Gate
South Road
Brighton
East Sussex
BN1 6SB

Karis Homes Limited

Contents

Company Information	1
Balance Sheet	2 to 4
Notes to the Financial Statements	3

Karis Homes Limited

Company Information

Directors

Mrs R Duance Dr M J Suffield

Company secretary

Mrs R Duance

Registered office

20A Windlesham Gardens Shoreham By Sea West Sussex BN43 5AD

Accountants

SRC-Time Ltd Chartered Accountants and Chartered Tax Advisors 2nd Floor Stanford Gate South Road Brighton East Sussex BN1 6SB

Page 1

Karis Homes Limited

(Registration number: 04481100)
Balance Sheet as at 31 March 2019

	Note	2019 £	2018 £
Fixed assets		1,363,475	1,367,070
Current assets		1,359,928	1,367,989
Prepayments and accrued income		5,133	7,058
Creditors: Amounts falling due within one year		(2,519,091)	(2,562,094)
Net current liabilities		(1,154,030)	(1,187,047)
Total assets less current liabilities		209,445	180,023
Accruals and deferred income		(7,000)	(7,000)
		202,445	173,023
Capital and reserves		202,445	173,023

The notes on page 3 form an integral part of these financial statements.

Page 2

Karis Homes Limited

(Registration number: 04481100)
Balance Sheet as at 31 March 2019 (continued)

Notes to the Financial Statements for the Year Ended 31 March 2019

1	General information

The company is a private company limited by share capital incorporated in England and Wales.

The address of its registered office is:
20A Windlesham Gardens
Shoreham By Sea
West Sussex
BN43 5AD
United Kingdom

These financial statements were authorised for issue by the Board on 3 September 2019.

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Page 3

Karis Homes Limited

(Registration number: 04481100)
Balance Sheet as at 31 March 2019 (continued)

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 3 September 2019 and signed on its behalf by:
 

.........................................

Mrs R Duance

Company secretary and director

The notes on page 3 form an integral part of these financial statements.

Page 4