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Company Registration No. 11662689 (England and Wales)
Venkat Traders Ltd Unaudited accounts for the year ended 30 November 2022
Venkat Traders Ltd Unaudited accounts Contents
Page
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Venkat Traders Ltd Company Information for the year ended 30 November 2022
Director
SHRISELVAM, Pradeep
Company Number
11662689 (England and Wales)
Registered Office
215 Meadowcroft Aylesbury HP19 9HQ England
Accountants
Tally Tally Accountants 79 College Road Harrow HA1 1BD
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Venkat Traders Ltd Statement of financial position as at 30 November 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Debtors
44,891 
44,891 
Cash at bank and in hand
- 
(736)
44,891 
44,155 
Creditors: amounts falling due within one year
(1,870)
(750)
Net current assets
43,021 
43,405 
Total assets less current liabilities
43,021 
43,405 
Creditors: amounts falling due after more than one year
(49,061)
(49,061)
Net liabilities
(6,040)
(5,656)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(6,041)
(5,657)
Shareholders' funds
(6,040)
(5,656)
For the year ending 30 November 2022 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 13 June 2025 and were signed on its behalf by
SHRISELVAM, Pradeep Director Company Registration No. 11662689
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Venkat Traders Ltd Notes to the Accounts for the year ended 30 November 2022
1
Statutory information
Venkat Traders Ltd is a private company, limited by shares, registered in England and Wales, registration number 11662689. The registered office is 215 Meadowcroft, Aylesbury, HP19 9HQ, 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 year, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Going concern
The financial statements have been prepared on a going concern basis, which is dependent upon the company's directors continuing to provide the necessary financial facilities, to enable the company to continue in operation for the foreseeable future.
4
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Other debtors
25,571 
25,571 
Amounts falling due after more than one year
Other debtors
19,320 
19,320 
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Venkat Traders Ltd Notes to the Accounts for the year ended 30 November 2022
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
1,126 
750 
Other creditors
744 
- 
1,870 
750 
6
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
49,061 
49,061 
7
Transactions with related parties
At the year-end date, the director SHRISELVAM, Pradeep has a debit balance of £25,571 (2021: £25,571 Dr) on his current account. This is an interest-free loan to the company and this amount is included in other debtors payable within one year.
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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