Prasad & Co Limited 31/03/2023 iXBRL

Prasad & Co Limited 31/03/2023 iXBRL

PRASAD & CO LIMITED - Company Information

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Company registration number: 07290569
Prasad & Co Limited
Unaudited filleted financial statements
31 March 2023
Prasad & Co Limited
Contents
Directors and other information
Directors report
Accountants report
Statement of financial position and notes to the financial statements
Prasad & Co Limited
Directors and other information
Directors Naga Venkata Surya Chandra Vara Prasad Guduri
Kavita Maganti
Company number 07290569
Registered office 1 South House
Bond Avenue
Bletchley
Milton Keynes
MK1 1SW
Accountants Jenner Accountants Limited
1 South House
Bond Avenue
Milton Keynes
Buckinghamshire
MK1 1SW
Prasad & Co Limited
Directors report
Year ended 31 March 2023
The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2023.
Directors
The directors who served the company during the year were as follows:
Naga Venkata Surya Chandra Vara Prasad Guduri
Kavita Maganti
Particulars of recommended dividends are detailed in note to the unaudited financial statements.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 09 October 2023 and signed on behalf of the board by:
Naga Venkata Surya Chandra Vara Prasad Guduri
Director
Prasad & Co Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Prasad & Co Limited
Year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Prasad & Co Limited for the year ended 31 March 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Prasad & Co Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Prasad & Co Limited and state those matters that we have agreed to state to the board of directors of Prasad & Co Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Prasad & Co Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Prasad & Co Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Prasad & Co Limited. You consider that Prasad & Co Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Prasad & Co Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Jenner Accountants Limited
Chartered Accountants
1 South House
Bond Avenue
Milton Keynes
Buckinghamshire
MK1 1SW
Date:
Prasad & Co Limited
Statement of financial position
31 March 2023
2023 2022
£ £
Fixed assets 13 17
_______ _______
Current assets 32,416 38,621
Creditors: amounts falling due within one year ( 25,784) ( 29,046)
_______ _______
Net current assets 6,632 9,575
_______ _______
Total assets less current liabilities 6,645 9,592
Creditors: amounts falling due after more than one year ( 6,643) ( 9,590)
_______ _______
Net assets 2 2
_______ _______
Capital and reserves 2 2
_______ _______
Notes to the financial statements
Prasad & Co Limited
Year ended 31 March 2023
1. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2022: Nil).
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- 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 Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 09 October 2023 , and are signed on behalf of the board by:
Naga Venkata Surya Chandra Vara Prasad Guduri
Director
Company registration number: 07290569
The company is a private company limited by shares, registered in England and Wales.