ADITYA & CO LIMITED

ADITYA & CO LIMITED

ADITYA & CO LIMITED - Company Information

Print Friendly Version

ADITYA & CO LIMITED

Company Registration Number:
12684978 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2022

Period of accounts

Start date: 01 July 2021

End date: 30 June 2022

ADITYA & CO LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2022

Balance sheet
Notes

ADITYA & CO LIMITED

Balance sheet

As at 30 June 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 201,050 126,500
Total fixed assets: 201,050 126,500
Current assets
Stocks: 97,500 12,500
Cash at bank and in hand:   1,999
Total current assets: 97,500 14,499
Creditors: amounts falling due within one year: 4 (118,862) (70,000)
Net current assets (liabilities): (21,362) (55,501)
Total assets less current liabilities: 179,688 70,999
Total net assets (liabilities): 179,688 70,999
Capital and reserves
Called up share capital: 1 1
Other reserves: 70,999
Profit and loss account: 108,688 70,998
Shareholders funds: 179,688 70,999

The notes form part of these financial statements

ADITYA & CO LIMITED

Balance sheet statements

For the year ending 30 June 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 January 2023
and signed on behalf of the board by:

Name: UTHAMA KUMARA NAIDU
Status: Director

The notes form part of these financial statements

ADITYA & CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

10% Annually on Plant and Machinery20% Annually on Fixtures and Fittings

ADITYA & CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

2. Employees

2022 2021
Average number of employees during the period 5 7

ADITYA & CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

3. Tangible Assets

Total
Cost £
At 01 July 2021 150,000
Additions 110,000
At 30 June 2022 260,000
Depreciation
At 01 July 2021 23,500
Charge for year 35,450
At 30 June 2022 58,950
Net book value
At 30 June 2022 201,050
At 30 June 2021 126,500

ADITYA & CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

4. Creditors: amounts falling due within one year note

Director Account £70,000