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Company Registration No. 14733446 (England and Wales)
SUMA INFOTECH LTD Unaudited accounts for the period from 16 March 2023 to 31 March 2024
SUMA INFOTECH LTD Unaudited accounts Contents
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SUMA INFOTECH LTD Company Information for the period from 16 March 2023 to 31 March 2024
Director
Suresh KANCHARLA
Company Number
14733446 (England and Wales)
Registered Office
1 LOW HALL ROAD HORSFORTH LEEDS LS18 4FQ ENGLAND
Accountants
Orb7 Limited 53 Peartree Drive,Farnworth,Bolton,Lanca Manchester Bolton Lancashire BL4 9RR
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SUMA INFOTECH LTD Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Current assets
Debtors
1 
Cash at bank and in hand
36,603 
36,604 
Creditors: amounts falling due within one year
(20,388)
Net current assets
16,216 
Net assets
16,216 
Capital and reserves
Called up share capital
1 
Profit and loss account
16,215 
Shareholders' funds
16,216 
For the period ending 31 March 2024 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 July 2024 and were signed on its behalf by
Suresh KANCHARLA Director Company Registration No. 14733446
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SUMA INFOTECH LTD Notes to the Accounts for the period from 16 March 2023 to 31 March 2024
1
Statutory information
SUMA INFOTECH LTD is a private company, limited by shares, registered in England and Wales, registration number 14733446. The registered office is 1 LOW HALL ROAD, HORSFORTH, LEEDS, LS18 4FQ, 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.
3
Accounting policies
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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Work in progress
Work in progress have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Debtors
2024 
£ 
Amounts falling due after more than one year
Other debtors
1 
5
Creditors: amounts falling due within one year
2024 
£ 
VAT
3,445 
Taxes and social security
3,803 
Accruals
13,140 
20,388 
6
Average number of employees
During the period the average number of employees was 4.
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