Company Registration No. 09413134 (England and Wales)
Vaidur IT Services Limited
Unaudited accounts
for the year ended 31 March 2022
Vaidur IT Services Limited
Unaudited accounts
Contents
Vaidur IT Services Limited
Company Information
for the year ended 31 March 2022
Company Number
09413134 (England and Wales)
Registered Office
20 Bell Lane
Amersham
HP6 6PD
Vaidur IT Services Limited
Statement of financial position
as at 31 March 2022
Cash at bank and in hand
115,880
79,574
Creditors: amounts falling due within one year
(24,243)
(21,858)
Net current assets
101,237
67,662
Called up share capital
2
2
Profit and loss account
101,235
67,660
Shareholders' funds
101,237
67,662
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 director acknowledges his 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 and authorised for issue on 25 December 2022 and were signed on its behalf by
Vinay Garlapalli
Director
Company Registration No. 09413134
Vaidur IT Services Limited
Notes to the Accounts
for the year ended 31 March 2022
Vaidur IT Services Limited is a private company, limited by shares, registered in England and Wales, registration number 09413134. The registered office is 20 Bell Lane, Amersham, HP6 6PD.
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.
The financial statements have been prepared on going concern basis. The director has agreed to provide the working capital at least for the twelve months from the date of the signing of the balance sheet. The director has reviewed the impact of Corona Virus on the business. The director is taking the appropriate steps to keep the business viable. The company made a profit of £63.775 (2021: £58,132) after taxation. The net assets as at the balance sheet date were £101,237 (2021: £67,662).
Amounts falling due within one year
Accrued income and prepayments
-
346
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
20,128
18,987
Loans from directors
3,994
1,138
6
Transactions with related parties
During the year the company paid dividends of £15,100 (2021: £13,000) to it's director V Garlapalli. As at the year end, the company owed £3,394 (2021: 1,138) to V Garlapalli.
7
Average number of employees
During the year the average number of employees was 1 (2021: 1).
