Company Registration No. 13740382 (England and Wales)
SANSKRITHI LTD
Unaudited accounts
for the year ended 30 November 2024
SANSKRITHI LTD
Unaudited accounts
Contents
SANSKRITHI LTD
Company Information
for the year ended 30 November 2024
Director
Sudhakar Parvathi Allamsetty
Secretary
Sreekala Seepana
Company Number
13740382 (England and Wales)
Registered Office
113 HUMBERSTON AVENUE
HUMBERSTON
GRIMSBY
SOUTH HUMBERSIDE
DN36 4ST
UNITED KINGDOM
Accountants
Taj - Accountants and Business Consultants Ltd
101 Brigsley Road
Waltham
Grimsby
United Kingdom
DN37 0LB
SANSKRITHI LTD
Statement of financial position
as at 30 November 2024
Investment property
1,075,534
1,075,534
Cash at bank and in hand
2,025
13,179
Creditors: amounts falling due within one year
(2,960)
(3,649)
Net current (liabilities)/assets
(935)
10,868
Total assets less current liabilities
1,074,599
1,086,402
Creditors: amounts falling due after more than one year
(1,084,160)
(1,084,160)
Net (liabilities)/assets
(9,561)
2,242
Called up share capital
10
10
Profit and loss account
(9,571)
2,232
Shareholders' funds
(9,561)
2,242
For the year ending 30 November 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 7 April 2025 and were signed on its behalf by
Sudhakar Parvathi Allamsetty
Director
Company Registration No. 13740382
SANSKRITHI LTD
Notes to the Accounts
for the year ended 30 November 2024
SANSKRITHI LTD is a private company, limited by shares, registered in England and Wales, registration number 13740382. The registered office is 113 HUMBERSTON AVENUE, HUMBERSTON, GRIMSBY, SOUTH HUMBERSIDE, DN36 4ST, 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.
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.
Fair value at 1 December 2023
1,075,534
At 30 November 2024
1,075,534
The value of the investments is stated at cost
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,960
3,125
Taxes and social security
-
524
SANSKRITHI LTD
Notes to the Accounts
for the year ended 30 November 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
791,250
791,250
Other creditors
292,910
292,910
8
Transactions with related parties
Dr S P CS Allamsetty is a director and shareholder Anastamosis Limited, a company registered in England . At the year end the balance owing to this company by Sanskrithi Ltd was £292910. There are no repayment terms and no interest has been charged on this balance.
9
Average number of employees
During the year the average number of employees was 3 (2023: 2).