Company Registration No. 12453335 (England and Wales)
SITPANAI ENTERPRISE LTD
Unaudited accounts
for the year ended 31 January 2024
SITPANAI ENTERPRISE LTD
Unaudited accounts
Contents
SITPANAI ENTERPRISE LTD
Company Information
for the year ended 31 January 2024
Directors
THIRUCHELVAM MATHIVANNAN
KIRUJA SATKUNAM
Company Number
12453335 (England and Wales)
Registered Office
209 THE HEIGHTS
NORTHOLT
UB5 4BX
ENGLAND
Accountants
IRTS Business Solutions Limited
209 The Heights
Northolt
Middlesex
UB5 4BX
SITPANAI ENTERPRISE LTD
Statement of financial position
as at 31 January 2024
Intangible assets
44,689
44,689
Tangible assets
73,347
81,497
Inventories
105,350
89,360
Cash at bank and in hand
27,445
55,395
Creditors: amounts falling due within one year
(149,639)
(151,793)
Net current liabilities
(6,926)
(7,038)
Total assets less current liabilities
111,110
119,148
Creditors: amounts falling due after more than one year
(22,371)
(32,092)
Called up share capital
1,000
1,000
Profit and loss account
87,739
86,056
Shareholders' funds
88,739
87,056
For the year ending 31 January 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 26 October 2024 and were signed on its behalf by
THIRUCHELVAM MATHIVANNAN
Director
Company Registration No. 12453335
SITPANAI ENTERPRISE LTD
Notes to the Accounts
for the year ended 31 January 2024
SITPANAI ENTERPRISE LTD is a private company, limited by shares, registered in England and Wales, registration number 12453335. The registered office is 209 THE HEIGHTS, NORTHOLT, UB5 4BX, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
SITPANAI ENTERPRISE LTD
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
17,129
25,820
79,888
122,837
At 31 January 2024
17,129
25,820
79,888
122,837
At 1 February 2023
4,076
9,089
28,175
41,340
Charge for the year
1,306
1,673
5,171
8,150
At 31 January 2024
5,382
10,762
33,346
49,490
At 31 January 2024
11,747
15,058
46,542
73,347
At 31 January 2023
13,053
16,731
51,713
81,497
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
16,761
18,309
Taxes and social security
8,369
3,329
Loans from directors
124,509
130,155
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 6 (2023: 4).