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REGISTERED NUMBER: 07528779















Financial Statements for the Year Ended 29 February 2024

for

Sri Sai Consulting Services Ltd

Sri Sai Consulting Services Ltd (Registered number: 07528779)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sri Sai Consulting Services Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Govindara Kamalapuram Srinivas
Mrs S Narasimhan





SECRETARY:





REGISTERED OFFICE: 20A Leachcroft Chalfont St. Peter,
Buckinghamshire.
SL9 9LG





REGISTERED NUMBER: 07528779





ACCOUNTANTS: MSR GROUP LTD
MSR House
329 Ley Street
Ilford
Essex
IG1 4AA

Sri Sai Consulting Services Ltd (Registered number: 07528779)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 47 58

CURRENT ASSETS
Debtors 5 109,490 80,000
Cash at bank 53,752 60,956
163,242 140,956
CREDITORS
Amounts falling due within one year 6 77,909 74,610
NET CURRENT ASSETS 85,333 66,346
TOTAL ASSETS LESS CURRENT
LIABILITIES

85,380

66,404

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 85,280 66,304
SHAREHOLDERS' FUNDS 85,380 66,404

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Sri Sai Consulting Services Ltd (Registered number: 07528779)

Balance Sheet - continued
29 February 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 November 2024 and were signed on its behalf by:





Govindara Kamalapuram Srinivas - Director


Sri Sai Consulting Services Ltd (Registered number: 07528779)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Sri Sai Consulting Services Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

Sri Sai Consulting Services Ltd (Registered number: 07528779)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 850
DEPRECIATION
At 1 March 2023 792
Charge for year 11
At 29 February 2024 803
NET BOOK VALUE
At 29 February 2024 47
At 28 February 2023 58

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 14,490 -
Other debtors 95,000 80,000
109,490 80,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 1 -
Taxation and social security 19,312 39,684
Other creditors 58,596 34,926
77,909 74,610