Company Registration No. SC412196 (Scotland)
Kriti Technologies Ltd
Unaudited accounts
for the year ended 31 October 2019
Kriti Technologies Ltd
Unaudited accounts
Contents
Kriti Technologies Ltd
Statement of financial position
as at 31 October 2019
Tangible assets
1,669
1,881
Cash at bank and in hand
51,225
118,809
Creditors: amounts falling due within one year
(60,954)
(128,182)
Net current assets
4,131
2,627
Called up share capital
2
2
Profit and loss account
5,798
4,506
Shareholders' funds
5,800
4,508
For the year ending 31 October 2019 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 22 July 2020 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 2019
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:
Fixtures & fittings
25% Straightline
4
Tangible fixed assets
Fixtures & fittings
Trade debtors
13,860
12,000
Kriti Technologies Ltd
Notes to the Accounts
for the year ended 31 October 2019
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
19,281
20,599
Other creditors
41,673
107,159
7
Average number of employees
During the year the average number of employees was 2 (2018: 2).
