Company Registration No. 06172980 (England and Wales)
SAVAN CONSULTANCY LIMITED
Unaudited accounts
for the year ended 31 March 2024
SAVAN CONSULTANCY LIMITED
Unaudited accounts
Contents
SAVAN CONSULTANCY LIMITED
Company Information
for the year ended 31 March 2024
Director
Avatara Vara Prasadu BOTU
Company Number
06172980 (England and Wales)
Registered Office
1 LOCKWOOD CHASE
OXLEY PARK
MILTON KEYNES
MK4 4ER
Accountants
Arth Limited
655 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
SAVAN CONSULTANCY LIMITED
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
176,200
138,498
Creditors: amounts falling due within one year
(252,962)
(421,998)
Net current assets
213,290
266,790
Net assets
213,290
267,710
Called up share capital
5
5
Profit and loss account
213,285
267,705
Shareholders' funds
213,290
267,710
For the year ending 31 March 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 2 August 2024 and were signed on its behalf by
Avatara Vara Prasadu BOTU
Director
Company Registration No. 06172980
SAVAN CONSULTANCY LIMITED
Notes to the Accounts
for the year ended 31 March 2024
SAVAN CONSULTANCY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06172980. The registered office is 1 LOCKWOOD CHASE, OXLEY PARK, MILTON KEYNES, MK4 4ER.
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
25% Straight Line
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
290,000
550,053
SAVAN CONSULTANCY LIMITED
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,235
9,171
Loans from directors
249,727
412,827
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).