Company Registration No. 08457558 (England and Wales)
Shreya Optical Ltd
Unaudited accounts
for the year ended 31 March 2022
Shreya Optical Ltd
Unaudited accounts
Contents
Shreya Optical Ltd
Company Information
for the year ended 31 March 2022
Directors
Hitesh Lachani
Jyoti Lachani
Company Number
08457558 (England and Wales)
Registered Office
The Georgian House Park Lane
189 Stanmore Hill
Stanmore
England
HA7 3HA
Accountants
Charterwells
The Georgian House
189 Stanmore Hill
Stanmore
HA7 3HD
Shreya Optical Ltd
Statement of financial position
as at 31 March 2022
Investments
452,042
452,042
Cash at bank and in hand
747
751
Creditors: amounts falling due within one year
(267,966)
(206,965)
Net current liabilities
(267,219)
(206,214)
Net assets
184,823
245,828
Capital contribution reserve
100
100
Profit and loss account
184,723
245,728
Shareholders' funds
184,823
245,828
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 27 July 2022 and were signed on its behalf by
Hitesh Lachani
Director
Company Registration No. 08457558
Shreya Optical Ltd
Notes to the Accounts
for the year ended 31 March 2022
Shreya Optical Ltd is a private company, limited by shares, registered in England and Wales, registration number 08457558. The registered office is The Georgian House Park Lane, 189 Stanmore Hill, Stanmore, England, HA7 3HA.
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.
4
Investments
Subsidiary undertakings
Valuation at 1 April 2021
452,042
Valuation at 31 March 2022
452,042
5
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
400
400
Other creditors
201,340
246,340
Loans from directors
66,226
(39,775)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan
19,887
-
19,887
-
Director's Loan
19,887
-
19,887
-
The above loan is interest free and fully repayable on demand. The loan was repaid in full within 9 months after the prior year end.
Shreya Optical Ltd
Notes to the Accounts
for the year ended 31 March 2022
7
Average number of employees
During the year the average number of employees was 2 (2021: 2).
