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REGISTERED NUMBER: 04135360 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

PITRUCHAYA LIMITED

PITRUCHAYA LIMITED (REGISTERED NUMBER: 04135360)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PITRUCHAYA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: Umesh Patel
Upendra Patel





SECRETARY: Upendra Patel





REGISTERED OFFICE: 9 Churchill Court
58 Station Road,
Noth Harrow
Harrow
HA2 7SA





REGISTERED NUMBER: 04135360 (England and Wales)





ACCOUNTANTS: Chapmans
Chartered Accountants
9 Churchill Court
58 Station Road
North Harrow
HA2 7SA

PITRUCHAYA LIMITED (REGISTERED NUMBER: 04135360)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 44,670 59,003
Tangible assets 5 138,322 145,271
182,992 204,274

CURRENT ASSETS
Stocks 56,220 80,595
Debtors 6 142,340 107,206
Cash at bank and in hand 202,327 470,979
400,887 658,780
CREDITORS
Amounts falling due within one year 7 327,408 643,231
NET CURRENT ASSETS 73,479 15,549
TOTAL ASSETS LESS CURRENT
LIABILITIES

256,471

219,823

CREDITORS
Amounts falling due after more than one year 8 (29,169 ) (38,058 )

PROVISIONS FOR LIABILITIES (2,033 ) (3,258 )
NET ASSETS 225,269 178,507

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 225,169 178,407
SHAREHOLDERS' FUNDS 225,269 178,507

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

PITRUCHAYA LIMITED (REGISTERED NUMBER: 04135360)

BALANCE SHEET - continued
30 JUNE 2023


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 19 January 2024 and were signed on its behalf by:





Upendra Patel - Director


PITRUCHAYA LIMITED (REGISTERED NUMBER: 04135360)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Pitruchaya Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


PITRUCHAYA LIMITED (REGISTERED NUMBER: 04135360)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 20 ).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022
and 30 June 2023 415,000
AMORTISATION
At 1 July 2022 355,997
Charge for year 14,333
At 30 June 2023 370,330
NET BOOK VALUE
At 30 June 2023 44,670
At 30 June 2022 59,003

PITRUCHAYA LIMITED (REGISTERED NUMBER: 04135360)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 172,205 274,079 446,284
DEPRECIATION
At 1 July 2022 40,952 260,061 301,013
Charge for year 3,444 3,505 6,949
At 30 June 2023 44,396 263,566 307,962
NET BOOK VALUE
At 30 June 2023 127,809 10,513 138,322
At 30 June 2022 131,253 14,018 145,271

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 531
Other debtors 142,340 106,675
142,340 107,206

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 82,443 61,920
Taxation and social security 23,925 2,023
Other creditors 221,040 579,288
327,408 643,231

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 29,169 38,058

9. RELATED PARTY DISCLOSURES

Other creditors includes £193,907 (2022: £227,710) due to U & U Limited, a company related by common ownership. The amount is interest free and repayable on demand.