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Registered Number: 14150227


 

 

 

SSS IT CONSULTANTS LTD


Abridged Accounts
 


Period of accounts

Start date: 06 June 2022

End date: 30 June 2023
 
 
Notes
 
2023
£
Fixed assets    
Tangible fixed assets 3 48,165 
48,165 
Current assets    
Debtors 11,980 
Cash at bank and in hand 13,649 
25,629 
Creditors: amount falling due within one year (10,387)
Net current assets 15,242 
 
Total assets less current liabilities 63,407 
Net assets 63,407 
 

Capital and reserves
   
Called up share capital 4 100 
Profit and loss account 63,307 
Shareholder's funds 63,407 
 


For the period ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 13 February 2024 and were signed by:


-------------------------------
Sreerama Krishna KANTAMANENI
Director
1
General Information
SSS IT Consultants Ltd is a private company, limited by shares, registered in , registration number 14150227, registration address 3 Buttercup Lane, Woodley, Reading, RG5 4FA.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicles 15% Reducing Balance
2.

Average number of employees

Average number of employees during the period was 1.
3.

Tangible fixed assets

Cost or valuation Motor Vehicles   Total
  £   £
At 06 June 2022  
Additions 50,700    50,700 
Disposals  
At 30 June 2023 50,700    50,700 
Depreciation
At 06 June 2022  
Charge for period 2,535    2,535 
On disposals  
At 30 June 2023 2,535    2,535 
Net book values
Closing balance as at 30 June 2023 48,165    48,165 
Opening balance as at 06 June 2022  


4.

Share Capital

Allotted, called up and fully paid
2023
£
100 Class A shares of £1.00 each 100 
100 

2