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Company Registration No. 8847700 (England and Wales)
Rakshitha Consultancy Services Ltd Unaudited accounts for the year ended 31 January 2024
Rakshitha Consultancy Services Ltd Unaudited accounts Contents
Page
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Rakshitha Consultancy Services Ltd Company Information for the year ended 31 January 2024
Director
Ranganayakulu Pabathi
Company Number
8847700 (England and Wales)
Registered Office
264 Robin Hood Lane Birmingham B28 0EQ England
Accountants
Metropolitan Accountants Ltd Phoenix Business Centre Office 10, Rosslyn Crescent Harrow Middlesex HA1 2SP
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Rakshitha Consultancy Services Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
41,989 
5,863 
Current assets
Cash at bank and in hand
27,151 
18,610 
Creditors: amounts falling due within one year
(18,992)
(9,093)
Net current assets
8,159 
9,517 
Total assets less current liabilities
50,148 
15,380 
Creditors: amounts falling due after more than one year
(13,159)
- 
Net assets
36,989 
15,380 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
36,889 
15,280 
Shareholders' funds
36,989 
15,380 
For the year ending 31 January 2024 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 3 October 2024 and were signed on its behalf by
Ranganayakulu Pabathi Director Company Registration No. 8847700
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Rakshitha Consultancy Services Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Rakshitha Consultancy Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 8847700. The registered office is 264 Robin Hood Lane, Birmingham, B28 0EQ, 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.
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:
Computer equipment
33% on cost
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
- 
7,293 
6,715 
14,008 
Additions
45,330 
- 
1,486 
46,816 
At 31 January 2024
45,330 
7,293 
8,201 
60,824 
Depreciation
At 1 February 2023
- 
2,229 
5,916 
8,145 
Charge for the year
9,066 
729 
895 
10,690 
At 31 January 2024
9,066 
2,958 
6,811 
18,835 
Net book value
At 31 January 2024
36,264 
4,335 
1,390 
41,989 
At 31 January 2023
- 
5,064 
799 
5,863 
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Rakshitha Consultancy Services Ltd Notes to the Accounts for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,082 
- 
VAT
4,381 
4,752 
Taxes and social security
64 
1,742 
Loans from directors
5,465 
2,599 
18,992 
9,093 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,159 
- 
7
Average number of employees
During the year the average number of employees was 3 (2023: 2).
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