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Company Registration No. 12975473 (England and Wales)
Sarthak Limited Unaudited accounts for the year ended 31 October 2024
Sarthak Limited Unaudited accounts Contents
Page
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Sarthak Limited Company Information for the year ended 31 October 2024
Directors
Aditi Akotiya Dharmesh Akotiya
Company Number
12975473 (England and Wales)
Registered Office
13 Appleton Drive Dartford DA2 7EN England
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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Sarthak Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
418 
823 
Investment property
257,148 
257,148 
257,566 
257,971 
Current assets
Debtors
2,725 
2,725 
Cash at bank and in hand
15,671 
15,106 
18,396 
17,831 
Creditors: amounts falling due within one year
(105,754)
(107,369)
Net current liabilities
(87,358)
(89,538)
Total assets less current liabilities
170,208 
168,433 
Creditors: amounts falling due after more than one year
(160,200)
(159,018)
Net assets
10,008 
9,415 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
10,004 
9,411 
Shareholders' funds
10,008 
9,415 
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 10 December 2024 and were signed on its behalf by
Aditi Akotiya Director Company Registration No. 12975473
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Sarthak Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Sarthak Limited is a private company, limited by shares, registered in England and Wales, registration number 12975473. The registered office is 13 Appleton Drive, Dartford, DA2 7EN, 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.
Turnover
Turnover includes revenue earned from property rental and is recognised when receivable by the company from the tenant.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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
33% Straight line
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Sarthak Limited Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2023
1,228 
At 31 October 2024
1,228 
Depreciation
At 1 November 2023
405 
Charge for the year
405 
At 31 October 2024
810 
Net book value
At 31 October 2024
418 
At 31 October 2023
823 
5
Investment property
2024 
£ 
Fair value at 1 November 2023
257,148 
At 31 October 2024
257,148 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
2,725 
2,725 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,460 
5,174 
Taxes and social security
264 
477 
Other creditors
- 
90,497 
Loans from directors
96,671 
10,862 
Accruals
359 
359 
105,754 
107,369 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
154,575 
154,843 
Other creditors
5,625 
4,175 
160,200 
159,018 
The company has an outstanding charge, over the property in Basildon, in favour of Paragon Bank PLC. The charge contains a negative pledge clause.
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Sarthak Limited Notes to the Accounts for the year ended 31 October 2024
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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