Company Registration No. SC412196 (Scotland)
Kriti Technologies Ltd
Unaudited accounts
for the year ended 31 October 2024
Kriti Technologies Ltd
Unaudited accounts
Contents
Kriti Technologies Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
43,172
49,508
Cash at bank and in hand
5,901
54,782
Creditors: amounts falling due within one year
(29,872)
(31,684)
Net current (liabilities)/assets
(3,971)
43,098
Total assets less current liabilities
39,201
92,606
Creditors: amounts falling due after more than one year
(40,100)
(54,874)
Net (liabilities)/assets
(899)
37,732
Called up share capital
2
2
Profit and loss account
(901)
37,730
Shareholders' funds
(899)
37,732
For the year ending 31 October 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 4 June 2025 and were signed on its behalf by
Mr Sampath Kumar Tokala
Director
Company Registration No. SC412196
Kriti Technologies Ltd
Notes to the Accounts
for the year ended 31 October 2024
Kriti Technologies Ltd is a private company, limited by shares, registered in Scotland, registration number SC412196. The registered office is Summit House, 4-5 Mitchell Street, Edinburgh, EH6 7BD.
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.
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:
Motor vehicles
10% Straightline
Fixtures & fittings
25% Straightline
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2023
53,964
9,434
63,398
At 31 October 2024
53,964
9,434
63,398
At 1 November 2023
5,396
8,494
13,890
Charge for the year
5,396
940
6,336
At 31 October 2024
10,792
9,434
20,226
At 31 October 2024
43,172
-
43,172
At 31 October 2023
48,568
940
49,508
Amounts falling due within one year
Other debtors
20,000
20,000
Kriti Technologies Ltd
Notes to the Accounts
for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(1,392)
(694)
Other creditors
31,216
32,234
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
27,853
35,626
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).