| |
|
2025 |
|
2024 |
| |
|
£ |
£ |
|
£ |
£ |
| Current assets |
|
6,465 |
|
|
5,189 |
|
| Creditors: amount falling due within one year |
|
(5,940) |
|
|
(4,944) |
|
|
Net current assets
|
|
|
525
|
|
|
245
|
|
Total assets less current liabilities
|
|
|
525 |
|
|
245 |
|
Net assets
|
|
|
525 |
|
|
245 |
| |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
525 |
|
|
245 |
| |
NOTES TO THE ACCOUNTS
General Information
PRACTICE ADVISERS LTD is a private company, limited by shares, registered in England and Wales, registration number 12174843, registration address Office Gold, Building 7, Floor 5, 566 Chiswick High Road, Chiswick Business Park, London, W4 5YG.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
|
| 2. |
Average number of employees
Average number of employees during the year was 2 (2024 : 3).
|
| 3. |
Ultimate Control
Mrs. Smitha Prasad is a director and 80% shareholder having ultimate controlling power in the company.
|
For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.
These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 25 September 2025 and were signed on its behalf by: --------------------------------
Mr. Venkata Motamarri
Director |
1
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