1 September 2022 false No description of principal activity Taxfiler 2024.5 13594013business:PrivateLimitedCompanyLtd2022-09-012023-08-31 135940132022-08-31 135940132022-09-012023-08-31 13594013business:AuditExemptWithAccountantsReport2022-09-012023-08-31 13594013business:FilletedAccounts2022-09-012023-08-31 135940132023-08-31 13594013business:Director12022-09-012023-08-31 13594013business:Director22022-09-012023-08-31 13594013business:RegisteredOffice2022-09-012023-08-31 135940132022-08-31 13594013core:WithinOneYear2023-08-31 13594013core:WithinOneYear2022-08-31 13594013core:AfterOneYear2023-08-31 13594013core:AfterOneYear2022-08-31 13594013core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 13594013core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 13594013core:PreviouslyStatedAmount2023-08-31 13594013core:PreviouslyStatedAmount2022-08-31 13594013business:SmallEntities2022-09-012023-08-31 13594013countries:EnglandWales2022-09-012023-08-31 13594013core:MotorVehicles2022-09-012023-08-31 13594013core:FurnitureFittings2022-09-012023-08-31 13594013core:MotorVehicles2022-08-31 13594013core:FurnitureFittings2022-08-31 13594013core:MotorVehicles2023-08-31 13594013core:FurnitureFittings2023-08-31 135940132021-08-312022-08-31 iso4217:GBP xbrli:pure
Company Registration No. 13594013 (England and Wales)
RICHA & SANVI'S INNOVATION LTD Financial Statements for the year ended 31 August 2023
RICHA & SANVI'S INNOVATION LTD Financial Statements Contents
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RICHA & SANVI'S INNOVATION LTD Company Information for the year ended 31 August 2023
Directors
Ms Pooja Singh Ms Poonam Upadhyay
Company Number
13594013 (England and Wales)
Registered Office
3 AUGUSTUS PLACE CHEPSTOW ROAD NEWPORT NP19 9FN WALES
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RICHA & SANVI'S INNOVATION LTD Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
30,527 
39,946 
Current assets
Inventories
26,750 
17,675 
Cash at bank and in hand
16,612 
13,962 
43,362 
31,637 
Creditors: amounts falling due within one year
(2,209)
(1,110)
Net current assets
41,153 
30,527 
Total assets less current liabilities
71,680 
70,473 
Creditors: amounts falling due after more than one year
(68,000)
(68,000)
Net assets
3,680 
2,473 
Capital and reserves
Profit and loss account
3,680 
2,473 
Shareholders' funds
3,680 
2,473 
For the year ending 31 August 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 28 August 2024 and were signed on its behalf by
Ms Pooja Singh Director Company Registration No. 13594013
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RICHA & SANVI'S INNOVATION LTD Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
RICHA & SANVI'S INNOVATION LTD is a private company, limited by shares, registered in England and Wales, registration number 13594013. The registered office is 3 AUGUSTUS PLACE, CHEPSTOW ROAD, NEWPORT, NP19 9FN, WALES.
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:
Motor vehicles
20%
Fixtures & fittings
20%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2022
6,810 
43,123 
49,933 
Additions
710 
- 
710 
At 31 August 2023
7,520 
43,123 
50,643 
Depreciation
At 1 September 2022
1,362 
8,625 
9,987 
Charge for the year
1,504 
8,625 
10,129 
At 31 August 2023
2,866 
17,250 
20,116 
Net book value
At 31 August 2023
4,654 
25,873 
30,527 
At 31 August 2022
5,448 
34,498 
39,946 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
2,209 
1,110 
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RICHA & SANVI'S INNOVATION LTD Notes to the Accounts for the year ended 31 August 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
68,000 
68,000 
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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