Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30No description of principal activitytruetruefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.112023-05-01 13313702 2023-05-01 2024-04-30 13313702 2022-05-01 2023-04-30 13313702 2024-04-30 13313702 2023-04-30 13313702 c:Director1 2023-05-01 2024-04-30 13313702 d:FreeholdInvestmentProperty 2024-04-30 13313702 d:FreeholdInvestmentProperty 2023-04-30 13313702 d:CurrentFinancialInstruments 2024-04-30 13313702 d:CurrentFinancialInstruments 2023-04-30 13313702 d:Non-currentFinancialInstruments 2024-04-30 13313702 d:Non-currentFinancialInstruments 2023-04-30 13313702 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 13313702 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 13313702 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 13313702 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 13313702 d:ShareCapital 2024-04-30 13313702 d:ShareCapital 2023-04-30 13313702 d:RetainedEarningsAccumulatedLosses 2024-04-30 13313702 d:RetainedEarningsAccumulatedLosses 2023-04-30 13313702 c:FRS102 2023-05-01 2024-04-30 13313702 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 13313702 c:FullAccounts 2023-05-01 2024-04-30 13313702 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 13313702










PREETI & TEJ LTD








UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
PREETI & TEJ LTD
 
 
 
DIRECTORS' REPORT
FOR THE YEAR ENDED 30 APRIL 2024

The directors present their report and the financial statements for the year ended 30 April 2024.

Directors' responsibilities statement

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
 
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

 In preparing these financial statements, the directors are required to:


select suitable accounting policies for the Company's financial statements and then apply them consistently;

make judgments and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 29 January 2025 and signed on its behalf.
 





T K Tulachan
Director

Page 1

 
PREETI & TEJ LTD
REGISTERED NUMBER: 13313702

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
  
207,500
207,500

Current assets
  

Cash at bank and in hand
 5 
1,503
854

  
1,503
854

Creditors: amounts falling due within one year
 6 
(66,956)
(67,956)

Net current liabilities
  
 
 
(65,453)
 
 
(67,102)

Total assets less current liabilities
  
142,047
140,398

Creditors: amounts falling due after more than one year
 7 
(148,497)
(148,497)

  

Net liabilities
  
(6,450)
(8,099)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(6,452)
(8,101)

  
(6,450)
(8,099)


Page 2

 
PREETI & TEJ LTD
REGISTERED NUMBER: 13313702
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 January 2025.

T K Tulachan
Director

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
PREETI & TEJ LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Preeti & Tej Limited is a private company, limited by shares, incorporated and domiciled in England and Wales.The Company's registered number and registered office adderess can be found on the Company
Information page. 
The financial statements are presented in Pounds Sterling and rounded to the nearest pound.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 4

 
PREETI & TEJ LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Investment property


Freehold investment property

£



Valuation


At 1 May 2023
207,500



At 30 April 2024
207,500







5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,503
854

1,503
854


Page 5

 
PREETI & TEJ LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
66,256
67,356

Accruals
700
600

66,956
67,956



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
148,497
148,497

148,497
148,497


Page 6