Registered number
11332621
Airivo London Limited
Filleted Accounts
31 March 2023
Airivo London Limited
Registered number: 11332621
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Investments 2 100 100
Current assets
Debtors 3 100 100
Cash at bank and in hand 382 491
482 591
Creditors: amounts falling due within one year 4 (11,515) (11,065)
Net current liabilities (11,033) (10,474)
Net liabilities (10,933) (10,374)
Capital and reserves
Called up share capital 100 100
Profit and loss account (11,033) (10,474)
Shareholder's funds (10,933) (10,374)
- -
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Naveen Bhandari Mr Suresh Aggarwal
Director Director
Approved by the board on 20 October 2023 Approved by the board on 20 October 2023
Airivo London Limited
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Going Concern
At 31 March 2023 the company had net current liabilities of £11,033 [2022 £10,474] which was amount due to connected companies. The directors of the company are confident that all payments and liabilities will be met as and when they arise. The directors are of the opinion that the financial statements should be drawn up on a going concern basis.
2 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 April 2022 100
At 31 March 2023 100
3 Debtors 2023 2022
£ £
Other debtors 100 100
4 Creditors: amounts falling due within one year 2023 2022
£ £
Other creditors 11,515 11,065
5 Controlling party
The company is controlled by Mr Naveen Bhandari by virtue of 100% shareholding in the issued share capital of the company.
6 Other information
Airivo London Limited is a private company limited by shares and incorporated in England. Its registered office is:
Boundary House
Boston Road
Hanwell
W7 2QE
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