Company registration number 09131589 (England and Wales)
RIYASH SYSTEMS LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
PAGES FOR FILING WITH REGISTRAR
RIYASH SYSTEMS LTD
CONTENTS
Page
Director's report
1
Balance sheet
3
Notes to the financial statements
4
RIYASH SYSTEMS LTD
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 JULY 2024
- 1 -

The director presents his annual report and financial statements for the year ended 31 July 2024.

Principal activities

The principal activity of the company continued to be that of provision of information technology related services.

Director

The director who held office during the year and up to the date of signature of the financial statements was as follows:

Mr Sunil Bhudia
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr Sunil Bhudia
Director
27 December 2024
RIYASH SYSTEMS LTD
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF RIYASH SYSTEMS LTD
- 2 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Riyash Systems Ltd for the year ended 31 July 2024 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the board of directors of Riyash Systems Ltd, as a body, in accordance with the terms of our engagement letter dated 1 August 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Riyash Systems Ltd and state those matters that we have agreed to state to the board of directors of Riyash Systems Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Riyash Systems Ltd and its board of directors as a body for our work or for this report.

It is your duty to ensure that Riyash Systems Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Riyash Systems Ltd. You consider that Riyash Systems Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Riyash Systems Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Krivah Accountancy Ltd
27 December 2024
2 Sheridan Gardens
Harrow
HA3 0JT
RIYASH SYSTEMS LTD
BALANCE SHEET
AS AT
31 JULY 2024
31 July 2024
- 3 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
-
0
2,752
Current assets
Cash at bank and in hand
4,533
36,679
Creditors: amounts falling due within one year
(375)
(707)
Net current assets
4,158
35,972
Net assets
4,158
38,724
Capital and reserves
Called up share capital
2,000
2,000
Profit and loss reserves
2,158
36,724
Total equity
4,158
38,724

For the financial year ended 31 July 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 of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 27 December 2024
Mr Sunil Bhudia
Director
Company registration number 09131589 (England and Wales)
RIYASH SYSTEMS LTD
BALANCE SHEET (CONTINUED)
AS AT
31 JULY 2024
31 July 2024
- 4 -
1
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
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