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Company Registration No. 13135927 (England and Wales)
Praman Associates Ltd Unaudited accounts for the year ended 31 March 2023
Praman Associates Ltd Unaudited accounts Contents
Page
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Praman Associates Ltd Company Information for the year ended 31 March 2023
Directors
Praveen Prakasam Manju Praveen
Company Number
13135927 (England and Wales)
Registered Office
60 Parsons Way Tongham Farnham ENGLAND GU10 1FB UK
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Praman Associates Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
560 
- 
Current assets
Cash at bank and in hand
20,949 
50,612 
Creditors: amounts falling due within one year
(6,071)
(11,724)
Net current assets
14,878 
38,888 
Net assets
15,438 
38,888 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
15,436 
38,886 
Shareholders' funds
15,438 
38,888 
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2023 and were signed on its behalf by
Praveen Prakasam Director Company Registration No. 13135927
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Praman Associates Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Praman Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 13135927. The registered office is 60 Parsons Way, Tongham, Farnham, ENGLAND, GU10 1FB, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.33%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2022
- 
Additions
707 
At 31 March 2023
707 
Depreciation
Charge for the year
147 
At 31 March 2023
147 
Net book value
At 31 March 2023
560 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
3,490 
9,122 
Loans from directors
2,081 
2,102 
Accruals
500 
500 
6,071 
11,724 
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Praman Associates Ltd Notes to the Accounts for the year ended 31 March 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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