Company Registration No. 07866201 (England and Wales)
Sysveda Uk Limited
Unaudited accounts
for the year ended 30 November 2023
Sysveda Uk Limited
Unaudited accounts
Contents
Sysveda Uk Limited
Company Information
for the year ended 30 November 2023
Director
Venkata Ramesh Para
Company Number
07866201 (England and Wales)
Registered Office
14 Colvin Road
London
London
E6 1JL
England
Accountants
PARA & ASSOCIATES LIMITED
Imperial House
2 Heigham Road
London
E6 2JG
Sysveda Uk Limited
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
(9,826)
(9,304)
Creditors: amounts falling due within one year
(255,400)
(236,720)
Net current assets
102,973
112,872
Total assets less current liabilities
103,607
113,717
Creditors: amounts falling due after more than one year
(47,226)
(49,606)
Called up share capital
250
250
Profit and loss account
56,131
63,861
Shareholders' funds
56,381
64,111
For the year ending 30 November 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 8 August 2024 and were signed on its behalf by
Venkata Ramesh Para
Director
Company Registration No. 07866201
Sysveda Uk Limited
Notes to the Accounts
for the year ended 30 November 2023
Sysveda Uk Limited is a private company, limited by shares, registered in England and Wales, registration number 07866201. The registered office is 14 Colvin Road, , London, London, E6 1JL, 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 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:
Computer equipment
Reducing Balance 20%
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
368,199
358,896
Sysveda Uk Limited
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
221,046
221,046
Taxes and social security
37,080
24,044
Other creditors
7,604
9,327
Loans from directors
(9,805)
(15,811)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).