Sri Sisters Infotech Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 07256393 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2017

FOR

SRI SISTERS INFOTECH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountant

5

DIRECTORS:

R K C Mukkamala Venkata

Mrs R R Mukkamala

REGISTERED OFFICE:

36 Rossendale

Chelmsford

Essex

CM1 2UA

REGISTERED NUMBER:

07256393 (England and Wales)

ACCOUNTANT:

J R Accounts

Chartered Certified Accountants

164-166 High Road

Ilford

Essex

IG1 1LL

FIXED ASSETS

Tangible assets

4

718

588

CURRENT ASSETS

Cash at bank

33,243

28,130

CREDITORS

Amounts falling due within one year

5

31,448

25,099

NET CURRENT ASSETS

1,795

3,031

TOTAL ASSETS LESS CURRENT LIABILITIES

2,513

3,619

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

7

2,511

3,617

SHAREHOLDERS' FUNDS

2,513

3,619

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 11 January 2018 and were signed on its behalf by:

R K C Mukkamala Venkata - Director

1.	STATUTORY INFORMATION

Sri Sisters Infotech Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 June 2016

1,644

Additions

369

At 31 May 2017

2,013

DEPRECIATION

At 1 June 2016

1,056

Charge for year

239

At 31 May 2017

1,295

NET BOOK VALUE

At 31 May 2017

718

At 31 May 2016

588

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.17

31.5.16

£

£

Tax

8,197

12,942

Social security and other taxes

114

103

VAT

1,420

4,543

Directors' current accounts

21,451

7,289

Accrued expenses

266

222

31,448

25,099

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.17

31.5.16

value:

£

£

2

ordinary shares

1

2

2

7.

RESERVES

Retained

earnings

£

At 1 June 2016

3,617

Profit for the year

32,894

Dividends

(34,000

)

At 31 May 2017

2,511

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.

J R Accounts

Chartered Certified Accountants

164-166 High Road

Ilford

Essex

IG1 1LL

Date: .............................................