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Company Registration No. 10112840 (England and Wales)
PRAB CONSULTANCY SERVICES LIMITED Unaudited accounts for the year ended 30 April 2023
PRAB CONSULTANCY SERVICES LIMITED Unaudited accounts Contents
Page
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PRAB CONSULTANCY SERVICES LIMITED Company Information for the year ended 30 April 2023
Director
Prabhakaran RAGHURAM
Company Number
10112840 (England and Wales)
Registered Office
lford Business Hub Forest House 3rd Floor, Suite 5, 16-20 Clements Road Ilford, England IG1 1BA
Accountants
Ultimate Accounting & Tax Solutions Ltd 27 Longbridge Road Barking Essex IG11 8TN
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PRAB CONSULTANCY SERVICES LIMITED Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
687 
858 
Current assets
Cash at bank and in hand
10,340 
19,865 
Creditors: amounts falling due within one year
(124,651)
(27,288)
Net current liabilities
(114,311)
(7,423)
Total assets less current liabilities
(113,624)
(6,565)
Creditors: amounts falling due after more than one year
(18,193)
(21,769)
Net liabilities
(131,817)
(28,334)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(131,917)
(28,434)
Shareholders' funds
(131,817)
(28,334)
For the year ending 30 April 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 19 April 2024 and were signed on its behalf by
Prabhakaran RAGHURAM Director Company Registration No. 10112840
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PRAB CONSULTANCY SERVICES LIMITED Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
PRAB CONSULTANCY SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10112840. The registered office is lford Business Hub Forest House, 3rd Floor, Suite 5, 16-20 Clements Road, Ilford, England, IG1 1BA.
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:
Plant & machinery
20%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2022
2,686 
At 30 April 2023
2,686 
Depreciation
At 1 May 2022
1,828 
Charge for the year
171 
At 30 April 2023
1,999 
Net book value
At 30 April 2023
687 
At 30 April 2022
858 
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PRAB CONSULTANCY SERVICES LIMITED Notes to the Accounts for the year ended 30 April 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
23,638 
540 
Taxes and social security
35,509 
517 
Loans from directors
64,994 
26,231 
Accruals
510 
- 
124,651 
27,288 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
18,193 
21,769 
7
Average number of employees
During the year the average number of employees was 14 (2022: 3).
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