Company Registration No. SC604091 (Scotland)
Induu Limited
Unaudited accounts
for the year ended 31 August 2024
Induu Limited
Unaudited accounts
Contents
Induu Limited
Statement of financial position
as at 31 August 2024
Tangible assets
147,300
147,300
Cash at bank and in hand
47,283
41,821
Creditors: amounts falling due within one year
(166,188)
(165,029)
Net current liabilities
(118,905)
(123,208)
Called up share capital
1
1
Profit and loss account
28,394
24,091
Shareholders' funds
28,395
24,092
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 27 January 2025 and were signed on its behalf by
Mr L S N Satya Thunuguntla
Director
Company Registration No. SC604091
Induu Limited
Notes to the Accounts
for the year ended 31 August 2024
Induu Limited is a private company, limited by shares, registered in Scotland, registration number SC604091. The registered office is 2 RONALDSAY ROAD, ABERDEEN, AB15 6ND, UNITED KINGDOM.
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
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.
4
Tangible fixed assets
Land & buildings
At 1 September 2023
147,300
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,009
2,505
Other creditors
164,819
162,144
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).