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REGISTERED NUMBER: 12189602 (England and Wales)















Financial Statements for the Year Ended 31 January 2024

for

Subadra Asset Management Limited

Subadra Asset Management Limited (Registered number: 12189602)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


Subadra Asset Management Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mr D Eastland





REGISTERED OFFICE: 13 Triangle Business Park
Stoke Mandeville
Aylesbury
Buckinghamshire
HP22 5BL





REGISTERED NUMBER: 12189602 (England and Wales)

Subadra Asset Management Limited (Registered number: 12189602)

Balance Sheet
31 January 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 91,251 76,071

CURRENT ASSETS
Debtors 5 37,790 9,550
Cash at bank 92,666 87,172
130,456 96,722
CREDITORS
Amounts falling due within one year 6 (32,382 ) (25,498 )
NET CURRENT ASSETS 98,074 71,224
TOTAL ASSETS LESS CURRENT
LIABILITIES

189,325

147,295

PROVISIONS FOR LIABILITIES (16,223 ) (12,991 )
NET ASSETS 173,102 134,304

RESERVES
Retained earnings 173,102 134,304
173,102 134,304

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 October 2024 and were signed by:





Mr D Eastland - Director


Subadra Asset Management Limited (Registered number: 12189602)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Subadra Asset Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Fixed assets
All fixed assets are initially recorded at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Subadra Asset Management Limited (Registered number: 12189602)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 110,500
Additions 61,501
Disposals (21,869 )
At 31 January 2024 150,132
DEPRECIATION
At 1 February 2023 34,429
Charge for year 30,026
Eliminated on disposal (5,574 )
At 31 January 2024 58,881
NET BOOK VALUE
At 31 January 2024 91,251
At 31 January 2023 76,071

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 27,962 -
Other debtors 9,828 9,550
37,790 9,550

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 10,754 12,854
Taxation and social security (2,740 ) (9,722 )
Other creditors 24,368 22,366
32,382 25,498