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REGISTERED NUMBER: 11800208 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Srivaid Limited

Srivaid Limited (Registered number: 11800208)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Srivaid Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: Dr R Sripadam
Mrs M Sripadam





REGISTERED OFFICE: 50 Ladybrook Road
Bramhall
Stockport
SK7 3NE





REGISTERED NUMBER: 11800208 (England and Wales)





ACCOUNTANTS: Jasper Financial Services Limited
The Old Chapel
Chapel Lane
Chester
CH3 8AP

Srivaid Limited (Registered number: 11800208)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,310 968

CURRENT ASSETS
Debtors 5 3,703 -
Cash at bank and in hand 106,270 115,913
109,973 115,913
CREDITORS
Amounts falling due within one year 6 76,260 34,266
NET CURRENT ASSETS 33,713 81,647
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,023

82,615

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 35,923 82,515
SHAREHOLDERS' FUNDS 36,023 82,615

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 September 2023 and were signed on its behalf by:





Dr R Sripadam - Director


Srivaid Limited (Registered number: 11800208)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Srivaid 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.

The financial statements are presented in sterling which, is the functional currency of the company, rounded to the nearest £1.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax 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.
Plant and machinery etc - 50% on cost and 33% on cost

Taxation
Taxation for the year comprises current 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 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 (2022 - 1 ) .

Srivaid Limited (Registered number: 11800208)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022 1,208
Additions 2,156
At 31 January 2023 3,364
DEPRECIATION
At 1 February 2022 240
Charge for year 814
At 31 January 2023 1,054
NET BOOK VALUE
At 31 January 2023 2,310
At 31 January 2022 968

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Other debtors 3,703 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Taxation and social security - 6,010
Other creditors 76,260 28,256
76,260 34,266

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
100 Ordinary £1 100 100