Company Registration No. 07260308 (England and Wales)
Satwik Consultancy Services Limited
Unaudited accounts
for the year ended 31 May 2024
Satwik Consultancy Services Limited
Unaudited accounts
Contents
Satwik Consultancy Services Limited
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
124,573
61,806
Creditors: amounts falling due within one year
(55,244)
(33,248)
Net current assets
69,329
28,558
Total assets less current liabilities
69,730
29,648
Creditors: amounts falling due after more than one year
(8,333)
(12,334)
Called up share capital
10
10
Profit and loss account
61,387
17,304
Shareholders' funds
61,397
17,314
For the year ending 31 May 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 21 October 2024 and were signed on its behalf by
Mr Shyama Prasad Dash
Director
Company Registration No. 07260308
Satwik Consultancy Services Limited
Notes to the Accounts
for the year ended 31 May 2024
Satwik Consultancy Services Limited is a private company, limited by shares, registered in England and Wales, registration number 07260308. The registered office is 29, STIRLING GROVE, Hounslow, TW3 1QG, London.
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:
Fixtures & fittings
33.33% Straightline
Computer equipment
33.33% Straightline
4
Tangible fixed assets
Fixtures & fittings
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
30,940
18,518
Other creditors
23,510
14,194
Satwik Consultancy Services Limited
Notes to the Accounts
for the year ended 31 May 2024
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 2 (2023: 2).