Company Registration No. 11441312 (England and Wales)
Varsani Enterprises Limited
Unaudited accounts
for the period from 1 July 2022 to 31 January 2023
Varsani Enterprises Limited
Unaudited accounts
Contents
Varsani Enterprises Limited
Company Information
for the period from 1 July 2022 to 31 January 2023
Company Number
11441312 (England and Wales)
Registered Office
10 Southbrook Grove
Bolton
Lancashire
BL3 2DN
UK
Accountants
UK Taxshops
155 Chapel Street
Leigh
Lancashire
WN7 2AL
Varsani Enterprises Limited
Statement of financial position
as at 31 January 2023
Tangible assets
4,161
5,082
Cash at bank and in hand
11,964
6,099
Creditors: amounts falling due within one year
(16,273)
(24,124)
Net current assets
32,191
35,225
Total assets less current liabilities
36,352
40,307
Creditors: amounts falling due after more than one year
(32,402)
(38,885)
Profit and loss account
3,850
1,322
Shareholders' funds
3,950
1,422
For the period ending 31 January 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 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 30 October 2023 and were signed on its behalf by
Nitesh Varsani
Director
Company Registration No. 11441312
Varsani Enterprises Limited
Notes to the Accounts
for the period from 1 July 2022 to 31 January 2023
Varsani Enterprises Limited is a private company, limited by shares, registered in England and Wales, registration number 11441312. The registered office is 10 Southbrook Grove, Bolton, Lancashire, BL3 2DN, UK. The company is in the process of being wound up.
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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 period, 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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2022
6,692
5,027
11,719
At 31 January 2023
6,692
5,027
11,719
At 1 July 2022
3,199
3,438
6,637
Charge for the period
524
397
921
At 31 January 2023
3,723
3,835
7,558
At 31 January 2023
2,969
1,192
4,161
At 30 June 2022
3,493
1,589
5,082
Amounts falling due within one year
Other debtors
15,000
29,000
Varsani Enterprises Limited
Notes to the Accounts
for the period from 1 July 2022 to 31 January 2023
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,773
8,895
Taxes and social security
9,798
11,117
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Creditors: amounts falling due after more than one year
2023
2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's advance, repayable within one year
14,000
(14,000)
-
-
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Average number of employees
During the period the average number of employees was 3 (2022: 3).