Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-302024-04-302025-05-20The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2No description of principal activity2023-05-01false2true 07219385 2023-05-01 2024-04-30 07219385 2022-05-01 2023-04-30 07219385 2024-04-30 07219385 2023-04-30 07219385 c:Director1 2023-05-01 2024-04-30 07219385 d:PlantMachinery 2023-05-01 2024-04-30 07219385 d:FurnitureFittings 2023-05-01 2024-04-30 07219385 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 07219385 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 07219385 d:ShareCapital 2024-04-30 07219385 d:ShareCapital 2023-04-30 07219385 d:RetainedEarningsAccumulatedLosses 2024-04-30 07219385 d:RetainedEarningsAccumulatedLosses 2023-04-30 07219385 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07219385 c:FullAccounts 2023-05-01 2024-04-30 07219385 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07219385 c:Micro-entities 2023-05-01 2024-04-30 07219385 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 07219385









NARAYAN NAIK ASSOCIATES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

 
NARAYAN NAIK ASSOCIATES LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 4


 
NARAYAN NAIK ASSOCIATES LIMITED
REGISTERED NUMBER: 07219385

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
  
1,893
4,768

Investments
  
130
130

  
2,023
4,898

Current assets
  

Debtors
  
84,120
73,212

Cash at bank and in hand
  
191,079
167,051

  
275,199
240,263

Creditors: amounts falling due within one year
  
(252,873)
(160,140)

Net current assets
  
 
 
22,326
 
 
80,123

Total assets less current liabilities
  
24,349
85,021

  

Net assets
  
24,349
85,021


Capital and reserves
  

Called up share capital 
  
40
40

Profit and loss account
  
24,309
84,981

  
24,349
85,021



The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Page 1

 
NARAYAN NAIK ASSOCIATES LIMITED
REGISTERED NUMBER: 07219385
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Narayan Yashvant Naik
Director

Date: 20 May 2025

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
NARAYAN NAIK ASSOCIATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Narayan Naik Associates Limited is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is Ground Flooe, 45 Pall Mall, London, SW1Y 5JG.
The principal activity of the company during the year under review was that of provision of management consultancy services.
 
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.


2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 105 the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover comprises revenue recognised by the company in respect of provision of management consultancy services supplied during the year, exclusive of trade discounts.

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
NARAYAN NAIK ASSOCIATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant & machinery
-
25%
Fixtures & fittings
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


3.


Employees




The average monthly number of employees, including the directors none of whom were paid, during the year was as follows:


        2024
        2023
            No.
            No.







Directors
2
2

 
Page 4