Company Registration No. 12105545 (England and Wales)
PODA PROPERTIES LTD
Unaudited accounts
for the year ended 31 January 2024
PODA PROPERTIES LTD
Statement of financial position
as at 31 January 2024
Tangible assets
789,136
485,088
Cash at bank and in hand
66,567
168,854
Creditors: amounts falling due within one year
(195,479)
(204,306)
Net current liabilities
(128,912)
(35,452)
Total assets less current liabilities
660,224
449,636
Creditors: amounts falling due after more than one year
(698,962)
(479,187)
Net liabilities
(38,738)
(29,551)
Called up share capital
2
2
Profit and loss account
(38,740)
(29,553)
Shareholders' funds
(38,738)
(29,551)
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 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 22 October 2024 and were signed on its behalf by
Rajan Kumar Lamichhane
Director
Company Registration No. 12105545
PODA PROPERTIES LTD
Notes to the Accounts
for the year ended 31 January 2024
PODA PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12105545. The registered office is 106 , Bessborough Road, Harrow , HA1 3DQ, UNITED KINGDOM .
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:
Other tangible fixed assets
18%
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2023
473,039
17,934
490,973
Additions
306,217
-
306,217
At 31 January 2024
779,256
17,934
797,190
At 1 February 2023
-
5,885
5,885
Charge for the year
-
2,169
2,169
At 31 January 2024
-
8,054
8,054
At 31 January 2024
779,256
9,880
789,136
At 31 January 2023
473,039
12,049
485,088
PODA PROPERTIES 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
22,501
31,500
Loans from directors
172,557
172,556
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
698,962
479,187
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).