Company Registration No. 08166671 (England and Wales)
Sri Chakra Software Solutions Ltd
Unaudited accounts
for the period from 29 February 2024 to 28 February 2025
Sri Chakra Software Solutions Ltd
Unaudited accounts
Contents
Sri Chakra Software Solutions Ltd
Statement of financial position
as at 28 February 2025
Cash at bank and in hand
1,368
29,555
Creditors: amounts falling due within one year
3,579
(17,472)
Net current assets
4,947
12,083
Total assets less current liabilities
4,947
12,385
Creditors: amounts falling due after more than one year
(4,651)
(11,179)
Called up share capital
10
10
Profit and loss account
286
1,196
Shareholders' funds
296
1,206
For the period ending 28 February 2025 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 5 March 2025 and were signed on its behalf by
Mr Somaraja Surampudi
Director
Company Registration No. 08166671
Sri Chakra Software Solutions Ltd
Notes to the Accounts
for the period from 29 February 2024 to 28 February 2025
Sri Chakra Software Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 08166671. The registered office is 22 Oak Drive, Whinmoor, Leeds, LS14 2BF, 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 period, 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:
Fixtures & fittings
25% Straightline
Computer equipment
25% Straightline
4
Tangible fixed assets
Fixtures & fittings
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
10,590
20,291
Other creditors
(14,450)
(3,044)
Sri Chakra Software Solutions Ltd
Notes to the Accounts
for the period from 29 February 2024 to 28 February 2025
6
Creditors: amounts falling due after more than one year
2025
2024
7
Average number of employees
During the period the average number of employees was 2 (2024: 2).