Registered number
12644365
SRA AUDITORS LTD
Filleted Accounts
31 May 2024
SRA AUDITORS LTD
Registered number: 12644365
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 680 468
Creditors: amounts falling due within one year 3 (1,635) (204)
Net current (liabilities)/assets (955) 264
Net (liabilities)/assets (955) 264
Capital and reserves
Called up share capital 408 408
Profit and loss account (1,363) (144)
Shareholders' funds (955) 264
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Shuja Rehman
Director
Approved by the board on 27 May 2025
SRA AUDITORS LTD
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Creditors: amounts falling due within one year 2024 2023
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 1,000 -
Taxation and social security costs 32 32
Other creditors 603 172
1,635 204
4 Controlling party
The director controls the company.
5 Other information
SRA AUDITORS LTD is a private company limited by shares and incorporated in England. Its registered office is:
Suite 2, Parkway 5
300 Princess Road
Manchester
M14 7HR
SRA AUDITORS LTD 12644365 false 2023-06-01 2024-05-31 2024-05-31 VT Final Accounts July 2024 Shuja Rehman No description of principal activity 12644365 2022-06-01 2023-05-31 12644365 core:WithinOneYear 2023-05-31 12644365 core:ShareCapital 2023-05-31 12644365 core:RetainedEarningsAccumulatedLosses 2023-05-31 12644365 2023-06-01 2024-05-31 12644365 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12644365 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 12644365 bus:Director40 2023-06-01 2024-05-31 12644365 2 2023-06-01 2024-05-31 12644365 countries:England 2023-06-01 2024-05-31 12644365 bus:FRS102 2023-06-01 2024-05-31 12644365 bus:FilletedAccounts 2023-06-01 2024-05-31 12644365 2024-05-31 12644365 core:WithinOneYear 2024-05-31 12644365 core:ShareCapital 2024-05-31 12644365 core:RetainedEarningsAccumulatedLosses 2024-05-31 12644365 2023-05-31 iso4217:GBP xbrli:pure