Company registration number 10043591 (England and Wales)
ALGOSTREAM LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
ALGOSTREAM LIMITED
CONTENTS
Page
Director's report
1
Profit and loss account
Balance sheet
2
Notes to the financial statements
3
ALGOSTREAM LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 MARCH 2023
- 1 -
The director presents his annual report and financial statements for the year ended 31 March 2023.
Principal activities
The principal activity of the company continued to be that of information technology consultancy activities.
Director
The director who held office during the year and up to the date of signature of the financial statements was as follows:
Mr Heetesh Patel
Small companies exemption
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
On behalf of the board
Mr Heetesh Patel
Director
3 October 2023
ALGOSTREAM LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3,828
8,250
Current assets
Debtors
145
226
Cash at bank and in hand
140,742
139,232
140,887
139,458
Creditors: amounts falling due within one year
(138,080)
(49,301)
Net current assets
2,807
90,157
Net assets
6,635
98,407
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
6,535
98,307
Total equity
6,635
98,407
In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
For the financial year ended 31 March 2023 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.
The member has 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 3 October 2023
Mr Heetesh Patel
Director
Company Registration No. 10043591
ALGOSTREAM LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2023
31 March 2023
- 3 -
1
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
2