1 July 2022 false Taxfiler 2023.12 10834405business:PrivateLimitedCompanyLtd2022-07-012023-06-30 108344052022-06-30 108344052022-07-012023-06-30 10834405business:AuditExemptWithAccountantsReport2022-07-012023-06-30 10834405business:FilletedAccounts2022-07-012023-06-30 108344052023-06-30 108344052022-06-30 10834405core:WithinOneYear2023-06-30 10834405core:WithinOneYear2022-06-30 10834405core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 10834405core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 10834405core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 10834405core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 10834405core:PreviouslyStatedAmount2023-06-30 10834405core:PreviouslyStatedAmount2022-06-30 10834405business:SmallEntities2022-07-012023-06-30 10834405business:Director12022-07-012023-06-30 10834405countries:EnglandWales2022-07-012023-06-30 10834405business:RegisteredOffice2022-07-012023-06-30 10834405core:FurnitureFittings2022-07-012023-06-30 10834405core:FurnitureFittings2022-06-30 10834405core:FurnitureFittings2023-06-30 108344052021-07-012022-06-30 iso4217:GBP xbrli:pure
Company Registration No. 10834405 (England and Wales)
Suram Softech Limited Unaudited accounts for the year ended 30 June 2023
Suram Softech Limited Unaudited accounts Contents
Page
- 2 -
Suram Softech Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,369 
2,052 
Current assets
Cash at bank and in hand
32,818 
39,055 
Creditors: amounts falling due within one year
(25,520)
(23,499)
Net current assets
7,298 
15,556 
Net assets
8,667 
17,608 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
8,657 
17,598 
Shareholders' funds
8,667 
17,608 
For the year ending 30 June 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 31 January 2024 and were signed on its behalf by
Mr Sujay Narayana Setty Director Company Registration No. 10834405
- 3 -
Suram Softech Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Suram Softech Limited is a private company, limited by shares, registered in England and Wales, registration number 10834405. The registered office is 58 Invito House, 1-7 Bramley Crescent, Ilford, IG2 6JS, 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.
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:
Fixtures & fittings
25% Straightline
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2022
5,919 
At 30 June 2023
5,919 
Depreciation
At 1 July 2022
3,867 
Charge for the year
683 
At 30 June 2023
4,550 
Net book value
At 30 June 2023
1,369 
At 30 June 2022
2,052 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
189 
513 
Taxes and social security
6,744 
6,581 
Other creditors
18,587 
16,405 
25,520 
23,499 
- 4 -
Suram Softech Limited Notes to the Accounts for the year ended 30 June 2023
6
Average number of employees
During the year the average number of employees was 1 (2022: 2).
- 5 -