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Company Registration No. 10471208 (England and Wales)
Indoraise Technologies Limited Unaudited accounts for the year ended 30 November 2024
Indoraise Technologies Limited Unaudited accounts Contents
Page
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Indoraise Technologies Limited Company Information for the year ended 30 November 2024
Director
Venkateswara Rao Dandamudi
Company Number
10471208 (England and Wales)
Registered Office
5 Red House Close Lower Earley Reading RG6 4XB
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Indoraise Technologies Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
466 
621 
Current assets
Debtors
25,000 
- 
Cash at bank and in hand
68 
119 
25,068 
119 
Creditors: amounts falling due within one year
(32,566)
(12,371)
Net current liabilities
(7,498)
(12,252)
Total assets less current liabilities
(7,032)
(11,631)
Creditors: amounts falling due after more than one year
(7,378)
(13,390)
Net liabilities
(14,410)
(25,021)
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
(14,610)
(25,221)
Shareholders' funds
(14,410)
(25,021)
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 28 July 2025 and were signed on its behalf by
Venkateswara Rao Dandamudi Director Company Registration No. 10471208
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Indoraise Technologies Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Indoraise Technologies Limited is a private company, limited by shares, registered in England and Wales, registration number 10471208. The registered office is 5 Red House Close, Lower Earley, Reading, RG6 4XB.
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.
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:
Computer equipment
25% reduced balance basis
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2023
2,755 
At 30 November 2024
2,755 
Depreciation
At 1 December 2023
2,134 
Charge for the year
155 
At 30 November 2024
2,289 
Net book value
At 30 November 2024
466 
At 30 November 2023
621 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
25,000 
- 
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Indoraise Technologies Limited Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,000 
5,930 
Taxes and social security
2 
2 
Loans from directors
26,264 
6,139 
Accruals
300 
300 
32,566 
12,371 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,378 
13,390 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200 
200 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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