Company Registration No. 12761549 (England and Wales)
RITISH VENKAMA LIMITED
Unaudited accounts
for the year ended 31 December 2023
RITISH VENKAMA LIMITED
Unaudited accounts
Contents
RITISH VENKAMA LIMITED
Company Information
for the year ended 31 December 2023
Director
Ritish Rama Venkama
Company Number
12761549 (England and Wales)
Registered Office
260 HIGH STREET
WALTHAM CROSS
EN8 7EA
ENGLAND
Accountants
Accountingpreneur Limited
Second Floor
26 Goodge Street
Fitzrovia
London
W1T 2QG
RITISH VENKAMA LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
8,650
3,550
Cash at bank and in hand
935
-
Creditors: amounts falling due within one year
(27,440)
(7,486)
Net current liabilities
(24,096)
(7,486)
Net liabilities
(15,446)
(2,136)
Called up share capital
5,000
5,000
Profit and loss account
(20,446)
(7,136)
Shareholders' funds
(15,446)
(2,136)
For the year ending 31 December 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 5 September 2024 and were signed on its behalf by
Ritish Rama Venkama
Director
Company Registration No. 12761549
RITISH VENKAMA LIMITED
Notes to the Accounts
for the year ended 31 December 2023
RITISH VENKAMA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12761549. The registered office is 260 HIGH STREET, WALTHAM CROSS, EN8 7EA, 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.
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:
Motor vehicles
Depreciation @10%SLM
Fixtures & fittings
Depreciation @25%SLM
Computer equipment
Depreciation @33.33%SLM
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation @10%SLM
4
Intangible fixed assets
Goodwill
RITISH VENKAMA LIMITED
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
-
4,600
150
4,750
At 31 December 2023
7,000
4,600
150
11,750
At 1 January 2023
-
1,150
50
1,200
Charge for the year
700
1,150
50
1,900
At 31 December 2023
700
2,300
100
3,100
At 31 December 2023
6,300
2,300
50
8,650
At 31 December 2022
-
3,450
100
3,550
Amounts falling due within one year
Accrued income and prepayments
851
-
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
480
-
Loans from directors
25,689
7,486
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).