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REGISTERED NUMBER: 06898889 (England and Wales)















Priya Enterprises Ltd

Financial Statements for the Year Ended 31 May 2023






Priya Enterprises Ltd (Registered number: 06898889)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Priya Enterprises Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTOR: Ms Priya Mishra





SECRETARY:





REGISTERED OFFICE: 2A-2B Hailsham Avenue
Newcastle upon Tyne
NE12 8HJ





REGISTERED NUMBER: 06898889 (England and Wales)





ACCOUNTANTS: Flannagans - Gateshead
7 Bankside
The Watermark
Gateshead
NE11 9SY

Priya Enterprises Ltd (Registered number: 06898889)

Abridged Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 26,292 30,929
Investment property 6 246,945 246,945
273,238 277,875

CURRENT ASSETS
Stocks 33,900 59,500
Debtors 105 1,103
Cash at bank and in hand 19,349 17,631
53,354 78,234
CREDITORS
Amounts falling due within one year 202,506 253,238
NET CURRENT LIABILITIES (149,152 ) (175,004 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

124,086

102,871

CREDITORS
Amounts falling due after more than one year 72,741 92,472
NET ASSETS 51,345 10,399

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 51,344 10,398
SHAREHOLDERS' FUNDS 51,345 10,399

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

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

The director acknowledges her 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.

Priya Enterprises Ltd (Registered number: 06898889)

Abridged Balance Sheet - continued
31 May 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 May 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 October 2023 and were signed by:





Ms Priya Mishra - Director


Priya Enterprises Ltd (Registered number: 06898889)

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

1. STATUTORY INFORMATION

Priya Enterprises Ltd 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2022
and 31 May 2023 98,532
AMORTISATION
At 1 June 2022
and 31 May 2023 98,531
NET BOOK VALUE

At 31 May 2023 1
At 31 May 2022 1

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2022
and 31 May 2023 128,096
DEPRECIATION
At 1 June 2022 97,167
Charge for year 4,637
At 31 May 2023 101,804
NET BOOK VALUE
At 31 May 2023 26,292
At 31 May 2022 30,929

Priya Enterprises Ltd (Registered number: 06898889)

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

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2022
and 31 May 2023 246,945
NET BOOK VALUE
At 31 May 2023 246,945
At 31 May 2022 246,945

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms Priya Mishra.