Company Registration No. 11887629 (England and Wales)
SRINYA LTD
Unaudited accounts
for the year ended 31 March 2022
SRINYA LTD
Unaudited accounts
Contents
SRINYA LTD
Company Information
for the year ended 31 March 2022
Directors
Mr Satya Pyla
Dr Venkata Chintala
Company Number
11887629 (England and Wales)
Registered Office
33 UNION ROAD
PORTSMOUTH
PO3 6GB
UNITED KINGDOM
Accountants
Hampshire Accountancy Services
College Court
15 Bowen Lane
Petersfield
Hampshire
GU31 4DR
SRINYA LTD
Statement of financial position
as at
31 March 2022
Cash at bank and in hand
258,119
199,711
Creditors: amounts falling due within one year
3,874
(62,901)
Net current assets
261,993
136,810
Net assets
263,529
136,810
Called up share capital
2
2
Profit and loss account
263,527
136,808
Shareholders' funds
263,529
136,810
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 28 December 2022 and were signed on its behalf by
Mr Satya Pyla
Director
Company Registration No. 11887629
SRINYA LTD
Notes to the Accounts
for the year ended 31 March 2022
SRINYA LTD is a private company, limited by shares, registered in England and Wales, registration number 11887629. The registered office is 33 UNION ROAD, PORTSMOUTH, PO3 6GB, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
38,054
31,109
Loans from directors
(41,928)
31,792
SRINYA LTD
Notes to the Accounts
for the year ended 31 March 2022
The company paid £30,000 pension contributions on behalf of the 2 x directors, into an approved fund
7
Average number of employees
During the year the average number of employees was 2 (2021: 2).