Company Registration No. 9204546 (England and Wales)
Altius Insights Pvt. Ltd
Unaudited accounts
for the year ended 31 March 2018
Altius Insights Pvt. Ltd
Unaudited accounts
Contents
Altius Insights Pvt. Ltd
Company Information
for the year ended 31 March 2018
Directors
Mr Apurva R Owalekar
Mrs Supriya Owalekar
Company Number
9204546 (England and Wales)
Registered Office
164 New Cavendish Street
2nd Floor
London
W1W 6YT
United Kingdom
Altius Insights Pvt. Ltd
Statement of financial position
as at 31 March 2018
Cash at bank and in hand
20,019
19,244
Creditors: amounts falling due within one year
(30,475)
(29,227)
Net current assets
6,262
6,517
Called up share capital
100
100
Profit and loss account
6,162
6,884
Shareholders' funds
6,262
6,984
For the year ending 31 March 2018 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.
Approved by the Board on 25 December 2018.
Mr Apurva R Owalekar
Director
Company Registration No. 9204546
Altius Insights Pvt. Ltd
Notes to the Accounts
for the year ended 31 March 2018
Altius Insights Pvt. Ltd is a private company, limited by shares, registered in England and Wales, registration number 9204546. The registered office is 164 New Cavendish Street, 2nd Floor, London, W1W 6YT, United Kingdom.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% on cost
4
Tangible fixed assets
Computer equipment
Altius Insights Pvt. Ltd
Notes to the Accounts
for the year ended 31 March 2018
Trade debtors
16,500
16,500
Accrued income and prepayments
218
-
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
28,093
27,877
Loans from directors
2,178
1,200
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
During the period interim dividends of £60,000 (2017: £58,500) were paid to Mr A R Owalekar.
During the period interim dividends of £20,000 (2017: £19,500) were paid to Mrs S Owalekar.
Included in other creditors is an amount of £2,178 (2017: £1,200) owed to Mr A R Owalekar, a director and majority shareholder of the company.
9
Average number of employees
During the year the average number of employees was 2 (2017: 2).
