2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 19,428 8,316 27,744 15,438 2,358 17,796 9,948 3,990 xbrli:pure xbrli:shares iso4217:GBP 05341587 2023-04-01 2024-03-31 05341587 2024-03-31 05341587 2023-03-31 05341587 2022-04-01 2023-03-31 05341587 2023-03-31 05341587 2022-03-31 05341587 bus:Director1 2023-04-01 2024-03-31 05341587 core:WithinOneYear 2024-03-31 05341587 core:WithinOneYear 2023-03-31 05341587 core:ShareCapital 2024-03-31 05341587 core:ShareCapital 2023-03-31 05341587 core:RetainedEarningsAccumulatedLosses 2024-03-31 05341587 core:RetainedEarningsAccumulatedLosses 2023-03-31 05341587 bus:SmallEntities 2023-04-01 2024-03-31 05341587 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05341587 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05341587 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05341587 bus:FullAccounts 2023-04-01 2024-03-31 05341587 core:OfficeEquipment 2023-04-01 2024-03-31 05341587 core:OfficeEquipment 2023-03-31 05341587 core:OfficeEquipment 2024-03-31
COMPANY REGISTRATION NUMBER: 05341587
Senya Limited
Filleted Unaudited Financial Statements
31 March 2024
Senya Limited
Statement of Financial Position
31 March 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
5
9,948
3,990
Current assets
Debtors
6
64,266
133,406
Cash at bank and in hand
671,080
521,180
---------
---------
735,346
654,586
Creditors: amounts falling due within one year
7
236,037
247,574
---------
---------
Net current assets
499,309
407,012
---------
---------
Total assets less current liabilities
509,257
411,002
---------
---------
Net assets
509,257
411,002
---------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
509,157
410,902
---------
---------
Shareholders funds
509,257
411,002
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 21 August 2024 , and are signed on behalf of the board by:
Mr A Mandal
Director
Company registration number: 05341587
Senya Limited
Notes to the Financial Statements
Year ended 31 March 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Minton Place, Victoria Road, Bicester, Oxon, OX26 6QB.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
25% straight line
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. Tangible assets
Equipment
Total
£
£
Cost
At 1 April 2023
19,428
19,428
Additions
8,316
8,316
--------
--------
At 31 March 2024
27,744
27,744
--------
--------
Depreciation
At 1 April 2023
15,438
15,438
Charge for the year
2,358
2,358
--------
--------
At 31 March 2024
17,796
17,796
--------
--------
Carrying amount
At 31 March 2024
9,948
9,948
--------
--------
At 31 March 2023
3,990
3,990
--------
--------
6. Debtors
2024
2023
£
£
Trade debtors
99,980
Other debtors
64,266
33,426
--------
---------
64,266
133,406
--------
---------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
6,404
17,720
Corporation tax
66,869
70,578
Social security and other taxes
84
Other creditors
162,680
159,276
---------
---------
236,037
247,574
---------
---------