Registered Number:06060100 |
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2024
Prahlad Bubbar Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Prahlad Bubbar Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
2,960
3,947
2
2,960
3,947
815,862
777,740
3
Trade and other receivables |
45,827
23,600
4
112,802
Cash and cash equivalents |
31,615
832,955
974,491
Trade and other payables: amounts falling due within one |
year |
(458,252)
(407,189)
5
516,239
425,766
Net current assets
Total assets less current liabilities |
428,726
520,186
Trade and other payables: amounts falling due after more |
than one year |
(70,000)
(40,000)
6
388,726
Net assets
450,186
2
2
388,724
450,184
388,726
450,186
Shareholders' funds
For the year ended 31 March 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 ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 07 March 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2024
Prahlad Bubbar Limited
Notes to the Financial Statements
Statutory Information
Prahlad Bubbar Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 06060100. |
Flat 10 Marlborough Mansions
Cannon Hill
London
NW6 1JP
The presentation currency is £ sterling. |
Basis of preparing the financial statements
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
2. Property, plant and equipment |
12,650
9,492
3,158
3,158
9,492
12,650
Provision for depreciation and impairment |
8,703
6,295
2,408
Charge for year
987
799
188
9,690
7,094
2,596
562
2,398
2,960
750
3,197
3,947
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For the year ended 31 March 2024
Prahlad Bubbar Limited
Notes to the Financial Statements Continued
2023
2024
777,740
815,862
4. Trade and other receivables |
2023
2024
23,600
45,827
5. Trade and other payables: amounts falling due within one year |
2023
2024
30,000
31,868
Taxation and social security |
51,515
59,894
176,160
241,300
149,514
125,190
407,189
458,252
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
40,000
70,000
7. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 4)
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