Company Registration No. 09313553 (England and Wales)
DHANVI TECHNOLOGIES LIMITED
Unaudited accounts
for the year ended 30 November 2023
DHANVI TECHNOLOGIES LIMITED
Unaudited accounts
Contents
DHANVI TECHNOLOGIES LIMITED
Company Information
for the year ended 30 November 2023
Directors
Suresh Bandaru
Rukmini Yerajudu
Company Number
09313553 (England and Wales)
Registered Office
25 Hudson Close
Gloucester
Gloucester
GL1 3FB
UNITED KINGDOM
Accountants
Arth Limited
655 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
DHANVI TECHNOLOGIES LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
48,910
2,146
Cash at bank and in hand
172,670
207,923
Creditors: amounts falling due within one year
(23,699)
(99,396)
Net current assets
149,952
108,527
Total assets less current liabilities
198,862
110,673
Creditors: amounts falling due after more than one year
(16,570)
(21,666)
Called up share capital
100
100
Profit and loss account
182,192
88,907
Shareholders' funds
182,292
89,007
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 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 23 July 2024 and were signed on its behalf by
Suresh Bandaru
Director
Company Registration No. 09313553
DHANVI TECHNOLOGIES LIMITED
Notes to the Accounts
for the year ended 30 November 2023
DHANVI TECHNOLOGIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09313553. The registered office is 25 Hudson Close, Gloucester, Gloucester, GL1 3FB, 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:
Revenue Recognition policy
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
DHANVI TECHNOLOGIES LIMITED
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
-
7,210
7,210
At 30 November 2023
49,670
7,210
56,880
At 1 December 2022
-
5,064
5,064
Charge for the year
2,070
836
2,906
At 30 November 2023
2,070
5,900
7,970
At 30 November 2023
47,600
1,310
48,910
At 30 November 2022
-
2,146
2,146
Amounts falling due within one year
Accrued income and prepayments
981
-
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
21,524
75,634
Loans from directors
2,175
14,296
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 1 (2022: 1).