Company Registration No. 14112877 (England and Wales)
Sai Krupa Investments Limited
Unaudited accounts
for the period from 17 May 2022 to 31 May 2023
Sai Krupa Investments Limited
Unaudited accounts
Contents
Sai Krupa Investments Limited
Company Information
for the period from 17 May 2022 to 31 May 2023
Directors
Tushar Dattatray Joge
Gauri Tushar Joge
Company Number
14112877 (England and Wales)
Registered Office
2A GRANGE ROAD
ROMFORD
RM3 7DU
ENGLAND
Accountants
Maknas Accountants Limited
2A Grange Road
Romford
Essex
RM3 7DU
Sai Krupa Investments Limited
Statement of financial position
as at 31 May 2023
Investment property
429,870
Cash at bank and in hand
1,942
Creditors: amounts falling due within one year
(138,097)
Net current liabilities
(136,155)
Total assets less current liabilities
293,715
Creditors: amounts falling due after more than one year
(299,480)
Called up share capital
100
Profit and loss account
(5,865)
Shareholders' funds
(5,765)
For the period ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 16 February 2024 and were signed on its behalf by
Tushar Dattatray Joge
Director
Company Registration No. 14112877
Sai Krupa Investments Limited
Notes to the Accounts
for the period from 17 May 2022 to 31 May 2023
Sai Krupa Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 14112877. The registered office is 2A GRANGE ROAD, ROMFORD, RM3 7DU, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The directors are aware that the company has net current liabilities and believes that the sufficient financial support is available to the company to enable it to continue trading for the foreseeable future. Therefore the financial statements have been prepared on a going concern basis.
5
Creditors: amounts falling due within one year
2023
Loans from directors
137,497
Sai Krupa Investments Limited
Notes to the Accounts
for the period from 17 May 2022 to 31 May 2023
6
Creditors: amounts falling due after more than one year
2023
7
Average number of employees
During the period the average number of employees was 2.