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Company Registration No. 09430278 (England and Wales)
Leena Vekaria Ltd Unaudited accounts for the year ended 28 February 2023
Leena Vekaria Ltd Unaudited accounts Contents
Page
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Leena Vekaria Ltd Company Information for the year ended 28 February 2023
Director
Leena Vekaria
Company Number
09430278 (England and Wales)
Registered Office
40 Northwood Way Northwood HA6 1AT England
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Leena Vekaria Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
104 
Current assets
Debtors
294 
475 
Cash at bank and in hand
19,086 
22,978 
19,380 
23,453 
Creditors: amounts falling due within one year
(18,776)
(19,593)
Net current assets
604 
3,860 
Total assets less current liabilities
604 
3,964 
Provisions for liabilities
Deferred tax
- 
(20)
Net assets
604 
3,944 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
504 
3,844 
Shareholders' funds
604 
3,944 
For the year ending 28 February 2023 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 2 October 2023 and were signed on its behalf by
Leena Vekaria Director Company Registration No. 09430278
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Leena Vekaria Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Leena Vekaria Ltd is a private company, limited by shares, registered in England and Wales, registration number 09430278. The registered office is 40 Northwood Way, Northwood, HA6 1AT, England.
2
Compliance with accounting standards
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. There were no material departures from that standard.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
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% on reducing balance
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and nonputtable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss. At each reporting date non-financial assets not carried at fair value, like plant, property and equipment are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.
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Leena Vekaria Ltd Notes to the Accounts for the year ended 28 February 2023
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Going concern
The company ceased trading on 28th February 2023 and therefore the accounts are not prepared on a going concern basis.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 March 2022
585 
Disposals
(585)
At 28 February 2023
- 
Depreciation
At 1 March 2022
481 
On disposals
(481)
At 28 February 2023
- 
Net book value
At 28 February 2023
- 
At 28 February 2022
104 
5
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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