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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
Page
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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
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Sysveda Uk Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
634 
845 
Current assets
Debtors
368,199 
358,896 
Cash at bank and in hand
(9,826)
(9,304)
358,373 
349,592 
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)
Net assets
56,381 
64,111 
Capital and reserves
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
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Sysveda Uk Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
3
Accounting policies
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.
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.
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 
£ 
Cost or valuation
At cost 
At 1 December 2022
9,830 
At 30 November 2023
9,830 
Depreciation
At 1 December 2022
8,985 
Charge for the year
211 
At 30 November 2023
9,196 
Net book value
At 30 November 2023
634 
At 30 November 2022
845 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
368,199 
358,896 
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Sysveda Uk Limited Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(1,525)
(1,886)
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)
Accruals
1,000 
- 
255,400 
236,720 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
47,226 
49,606 
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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