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
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
RICHA & SANVI'S INNOVATION LTD
Statement of financial position
as at 31 August 2023
Tangible assets
30,527
39,946
Cash at bank and in hand
16,612
13,962
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)
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
RICHA & SANVI'S INNOVATION LTD
Notes to the Accounts
for the year ended 31 August 2023
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.
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:
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
At 31 August 2023
7,520
43,123
50,643
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
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
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).