Company Registration No. 06848544 (England and Wales)
FIPLAB LIMITED
Unaudited accounts
for the year ended 31 March 2024
FIPLAB LIMITED
Unaudited accounts
Contents
FIPLAB LIMITED
Company Information
for the year ended 31 March 2024
Directors
Rishi MODHA
Anirudh SHARMA
Company Number
06848544 (England and Wales)
Registered Office
38 SCHOOL LANE
CHALFONT ST PETER
GERRARDS CROSS
BUCKINGHAMSHIRE
SL9 9BA
UNITED KINGDOM
Accountants
Arth Limited
655 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
FIPLAB LIMITED
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
24,101
121,353
Creditors: amounts falling due within one year
(10,078)
(13,015)
Net current assets
21,565
119,462
Called up share capital
1,000
1,000
Profit and loss account
20,565
118,746
Shareholders' funds
21,565
119,746
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 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 1 August 2024 and were signed on its behalf by
Rishi MODHA
Director
Company Registration No. 06848544
FIPLAB LIMITED
Notes to the Accounts
for the year ended 31 March 2024
FIPLAB LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06848544. The registered office is 38 SCHOOL LANE, CHALFONT ST PETER, GERRARDS CROSS, BUCKINGHAMSHIRE, SL9 9BA, 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.
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.
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.
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:
Plant & machinery
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
9,559
31,450
41,009
At 31 March 2024
9,559
31,450
41,009
At 1 April 2023
9,559
31,166
40,725
Charge for the year
-
284
284
At 31 March 2024
9,559
31,450
41,009
At 31 March 2023
-
284
284
FIPLAB LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
7,454
11,124
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
10,078
13,015
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).