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Company Registration No. 11830975 (England and Wales)
PRAAN SWEETS LTD Unaudited accounts for the year ended 29 February 2024
PRAAN SWEETS LTD Unaudited accounts Contents
Page
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PRAAN SWEETS LTD Company Information for the year ended 29 February 2024
Director
SIDDIQUR RAHMAN ALI
Company Number
11830975 (England and Wales)
Registered Office
77 TURNPIKE LANE LONDON N8 0EE ENGLAND
Accountants
AHM Accountancy Services 97 Turnpike Lane London N8 0DY
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PRAAN SWEETS LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,800 
4,800 
Current assets
Inventories
3,500 
3,723 
Cash at bank and in hand
9,560 
8,542 
13,060 
12,265 
Creditors: amounts falling due within one year
(3,671)
(2,363)
Net current assets
9,389 
9,902 
Total assets less current liabilities
14,189 
14,702 
Creditors: amounts falling due after more than one year
(50,000)
(50,000)
Net liabilities
(35,811)
(35,298)
Capital and reserves
Profit and loss account
(35,811)
(35,298)
Shareholders' funds
(35,811)
(35,298)
For the year ending 29 February 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 29 November 2024 and were signed on its behalf by
SIDDIQUR RAHMAN ALI Director Company Registration No. 11830975
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PRAAN SWEETS LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
PRAAN SWEETS LTD is a private company, limited by shares, registered in England and Wales, registration number 11830975. The registered office is 77 TURNPIKE LANE, LONDON, N8 0EE, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
STRAIGHT LINE METHOD
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 March 2023
12,000 
At 29 February 2024
12,000 
Depreciation
At 1 March 2023
7,200 
At 29 February 2024
7,200 
Net book value
At 29 February 2024
4,800 
At 28 February 2023
4,800 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,850 
1,850 
Other creditors
1,308 
- 
Accruals
513 
513 
3,671 
2,363 
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PRAAN SWEETS LTD Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
50,000 
50,000 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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