Company Registration No. 10027249 (England and Wales)
Siddharth & Shourya Inc Ltd
Unaudited accounts
for the year ended 28 February 2023
Siddharth & Shourya Inc Ltd
Unaudited accounts
Contents
Siddharth & Shourya Inc Ltd
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
18,633
3,553
Creditors: amounts falling due within one year
(11,711)
(8,855)
Net current assets
36,922
24,698
Total assets less current liabilities
37,540
25,935
Creditors: amounts falling due after more than one year
(19,093)
(24,663)
Called up share capital
10
10
Profit and loss account
18,437
1,262
Shareholders' funds
18,447
1,272
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 1 November 2023 and were signed on its behalf by
Mr Satyanarayana Josyula
Director
Company Registration No. 10027249
Siddharth & Shourya Inc Ltd
Notes to the Accounts
for the year ended 28 February 2023
Siddharth & Shourya Inc Ltd is a private company, limited by shares, registered in England and Wales, registration number 10027249. The registered office is 17 Twist Way, Slough, SL2 2AY, United Kingdom.
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.
These financial statements for the year ended 28 February 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% Straightline
4
Tangible fixed assets
Fixtures & fittings
Siddharth & Shourya Inc Ltd
Notes to the Accounts
for the year ended 28 February 2023
5
Investments held as current assets
2023
2022
Unlisted investments
30,000
30,000
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
15,324
11,672
Other creditors
(3,763)
(2,919)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 3).