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
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
Rakshitha Consultancy Services Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
41,989
5,863
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)
-
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
Rakshitha Consultancy Services Ltd
Notes to the Accounts
for the year ended 31 January 2024
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.
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:
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
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
At 31 January 2024
36,264
4,335
1,390
41,989
At 31 January 2023
-
5,064
799
5,863
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
-
Taxes and social security
64
1,742
Loans from directors
5,465
2,599
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 3 (2023: 2).