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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
Page
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Sri Chakra Software Solutions Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
302 
Current assets
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)
Net assets
296 
1,206 
Capital and reserves
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
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Sri Chakra Software Solutions Ltd Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
£ 
Cost or valuation
At cost 
At 29 February 2024
1,205 
At 28 February 2025
1,205 
Depreciation
At 29 February 2024
903 
Charge for the period
302 
At 28 February 2025
1,205 
Net book value
At 28 February 2025
- 
At 28 February 2024
302 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
281 
225 
Taxes and social security
10,590 
20,291 
Other creditors
(14,450)
(3,044)
(3,579)
17,472 
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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 
£ 
£ 
Bank loans
4,651 
11,179 
7
Average number of employees
During the period the average number of employees was 2 (2024: 2).
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