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REGISTERED NUMBER: 06898889 (England and Wales)















Priya Enterprises Ltd

Financial Statements for the Year Ended 31 May 2024






Priya Enterprises Ltd (Registered number: 06898889)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Priya Enterprises Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Ms Priya Mishra





SECRETARY:





REGISTERED OFFICE: 2A-2B Hailsham Avenue
Newcastle upon Tyne
NE12 8HJ





REGISTERED NUMBER: 06898889 (England and Wales)





ACCOUNTANTS: Flannagans - Gateshead
7 Bankside
The Watermark
Gateshead
NE11 9SY

Priya Enterprises Ltd (Registered number: 06898889)

Abridged Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 26,695 26,292
Investment property 6 247,575 246,945
274,271 273,238

CURRENT ASSETS
Stocks 34,500 33,900
Debtors 566 105
Cash at bank and in hand 21,427 19,349
56,493 53,354
CREDITORS
Amounts falling due within one year 189,563 202,506
NET CURRENT LIABILITIES (133,070 ) (149,152 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

141,201

124,086

CREDITORS
Amounts falling due after more than one year 52,777 72,741
NET ASSETS 88,424 51,345

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 88,423 51,344
SHAREHOLDERS' FUNDS 88,424 51,345

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Priya Enterprises Ltd (Registered number: 06898889)

Abridged Balance Sheet - continued
31 May 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 November 2024 and were signed by:





Ms Priya Mishra - Director


Priya Enterprises Ltd (Registered number: 06898889)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Priya Enterprises Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023
and 31 May 2024 98,532
AMORTISATION
At 1 June 2023
and 31 May 2024 98,531
NET BOOK VALUE

At 31 May 2024 1
At 31 May 2023 1

Priya Enterprises Ltd (Registered number: 06898889)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023 128,096
Additions 4,400
At 31 May 2024 132,496
DEPRECIATION
At 1 June 2023 101,804
Charge for year 3,997
At 31 May 2024 105,801
NET BOOK VALUE
At 31 May 2024 26,695
At 31 May 2023 26,292

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023 246,945
Additions 630
At 31 May 2024 247,575
NET BOOK VALUE
At 31 May 2024 247,575
At 31 May 2023 246,945

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms Priya Mishra.