Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 13268011 Mr Siva Yadlapalli Mr VENKATA YADLAPALLI iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13268011 2023-03-31 13268011 2024-03-31 13268011 2023-04-01 2024-03-31 13268011 frs-core:Non-currentFinancialInstruments 2024-03-31 13268011 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 13268011 frs-core:OtherResidualIntangibleAssets 2024-03-31 13268011 frs-core:OtherResidualIntangibleAssets 2023-03-31 13268011 frs-core:PlantMachinery 2024-03-31 13268011 frs-core:PlantMachinery 2023-04-01 2024-03-31 13268011 frs-core:PlantMachinery 2023-03-31 13268011 frs-core:ShareCapital 2024-03-31 13268011 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13268011 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13268011 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 13268011 frs-bus:SmallEntities 2023-04-01 2024-03-31 13268011 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13268011 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13268011 frs-bus:Director1 2023-04-01 2024-03-31 13268011 frs-bus:Director2 2023-04-01 2024-03-31 13268011 frs-countries:AlandIslands 2023-04-01 2024-03-31 13268011 2022-03-31 13268011 2023-03-31 13268011 2022-04-01 2023-03-31 13268011 frs-core:Non-currentFinancialInstruments 2023-03-31 13268011 frs-core:ShareCapital 2023-03-31 13268011 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 13268011
Carvys Technology Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13268011
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,068 1,068
Tangible Assets 5 366 366
1,434 1,434
CURRENT ASSETS
Stocks 6 2,839 1,785
Cash at bank and in hand 387 599
3,226 2,384
NET CURRENT ASSETS (LIABILITIES) 3,226 2,384
TOTAL ASSETS LESS CURRENT LIABILITIES 4,660 3,818
Creditors: Amounts Falling Due After More Than One Year 7 (8,549 ) (5,677 )
NET LIABILITIES (3,889 ) (1,859 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (3,989 ) (1,959 )
SHAREHOLDERS' FUNDS (3,889) (1,859)
Page 1
Page 2
For the year 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Siva Yadlapalli
Director
12/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Carvys Technology Ltd is a private company, limited by shares, incorporated in Åland Islands, registered number 13268011 . The registered office is E-Innovation Centre Telford Innovation Campus, University Of Wolverhampton, Priorslee, Telford, TF2 9FT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 0
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Other
£
Cost
As at 1 April 2023 1,068
As at 31 March 2024 1,068
Net Book Value
As at 31 March 2024 1,068
As at 1 April 2023 1,068
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 366
As at 31 March 2024 366
Net Book Value
As at 31 March 2024 366
As at 1 April 2023 366
Page 3
Page 4
6. Stocks
2024 2023
£ £
Finished goods 2,839 1,785
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 8,549 5,677
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4