Company No: 14670680 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	28.02.2025		28.02.2024
		£		£
Fixed assets
Tangible assets	3	1,083		1,725
		1,083		1,725
Current assets
Debtors	4	3,540		2,480
Cash at bank and in hand	5	46,273		16,031
		49,813		18,511
Creditors: amounts falling due within one year	6	( 10,096)		( 10,658)
Net current assets		39,717		7,853
Total assets less current liabilities		40,800		9,578
Net assets		40,800		9,578
Capital and reserves
Called-up share capital		2		2
Profit and loss account		40,798		9,576
Total shareholder's funds		40,800		9,578

For the financial year ending 28 February 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of LAKSHETHA Limited (registered number: 14670680) were approved and authorised for issue by the Director. They were signed on its behalf by:

Dr Prasanna Sankaran Director

27 October 2025

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

LAKSHETHA Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Prospect House, Rouen Road, Norwich, NR1 1RE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	Year ended 28.02.2025		Period from 17.02.2023 to 28.02.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 29 February 2024	1,927		1,927
At 28 February 2025	1,927		1,927
Accumulated depreciation
At 29 February 2024	202		202
Charge for the financial year	642		642
At 28 February 2025	844		844
Net book value
At 28 February 2025	1,083		1,083
At 28 February 2024	1,725		1,725

4. Debtors

	28.02.2025		28.02.2024
	£		£
Trade debtors	2,485		2,480
Amounts owed by director	1,055		0
	3,540		2,480

5. Cash and cash equivalents

	28.02.2025		28.02.2024
	£		£
Cash at bank and in hand	46,273		16,031

6. Creditors: amounts falling due within one year

	28.02.2025		28.02.2024
	£		£
Trade creditors	600		689
Amounts owed to director	0		5,198
Accruals	2,022		2,478
Taxation and social security	7,474		2,293
	10,096		10,658