Company registration number 13057738 (England and Wales)
PRASHANTI LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
PRASHANTI LIMITED
CONTENTS
Page
Balance sheet and notes to the financial statements
1 - 2
PRASHANTI LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
4,100,362
4,100,362
Current assets
16,442
25
Creditors: amounts falling due within one year
(1,839)
(1,140)
Net current assets/(liabilities)
14,603
(1,115)
Total assets less current liabilities
4,114,965
4,099,247
Net assets
4,114,965
4,099,247
Capital and reserves
4,114,965
4,099,247
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

During the year, the company advanced a loan of £16,319 (2023: £NIL) to HN Patel Family LP, whose partners include Mr. Hemantbhai Patel and Mrs. Nirmalaben Patel, the directors of the company. As of the year-end, the outstanding balance from HN Patel Family LP was £16,319 (2023: £NIL). An interest rate of 3% per annum was applied to the outstanding loan, which was fully repaid within nine months after the end of the accounting year.

 

 

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
2
2

Prashanti Limited is a private company limited by shares incorporated in England and Wales. The registered office is 7 Harrows Meade, Edgware, HA8 8RR.

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 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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

PRASHANTI LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 19 March 2025 and are signed on its behalf by:
Mr Hemantbhai Patel
Director
Company registration number 13057738 (England and Wales)
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