VEER-ZARA COMPANY LIMITED

Company Registration Number:
11811551 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

VEER-ZARA COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

VEER-ZARA COMPANY LIMITED

Company Information

for the Period Ended 28 February 2023




Director: GOWARDUN, Rajeswarsing
GOWARDUN, Sateea Bhama Singh
Registered office: 19
Grovelands Road
Wickford
GBR
SS12 9DG
Company Registration Number: 11811551 (England and Wales)

VEER-ZARA COMPANY LIMITED

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
GOWARDUN, Rajeswarsing
GOWARDUN, Sateea Bhama Singh

This report was approved by the board of directors on 28 November 2023
And Signed On Behalf Of The Board By:

Name: GOWARDUN, Rajeswarsing
Status: Director

Name: GOWARDUN, Sateea Bhama Singh
Status: Director

VEER-ZARA COMPANY LIMITED

Profit and Loss Account

for the Period Ended 28 February 2023


Notes

2023
£

2022
£
Turnover 34,798 27,503
Gross Profit or (Loss) 34,798 27,503
Administrative Expenses ( 45,490 ) ( 19,066 )
Operating Profit or (Loss) ( 10,692 ) 8,437
Interest Payable and Similar Charges ( 44,256 ) ( 28,801 )
Profit or (Loss) Before Tax ( 54,948 ) ( 20,364 )
Profit or (Loss) for Period ( 54,948 ) ( 20,364 )

The notes form part of these financial statements

VEER-ZARA COMPANY LIMITED

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 478,451 350,567
Total fixed assets: 478,451 350,567
Current assets
Cash at bank and in hand: 3,624 1,554
Total current assets: 3,624 1,554
Net current assets (liabilities): 3,624 1,554
Total assets less current liabilities: 482,075 352,121
Creditors: amounts falling due after more than one year: 5 ( 592,638 ) ( 438,493 )
Total net assets (liabilities): ( 110,563 ) ( 86,372 )

The notes form part of these financial statements

VEER-ZARA COMPANY LIMITED

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 6 30,757
Profit and loss account: ( 141,420 ) ( 86,472 )
Shareholders funds: ( 110,563 ) ( 86,372 )

For the year ending 28 February 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 28 November 2023
And Signed On Behalf Of The Board By:

Name: GOWARDUN, Rajeswarsing
Status: Director

Name: GOWARDUN, Sateea Bhama Singh
Status: Director

The notes form part of these financial statements

VEER-ZARA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VEER-ZARA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

VEER-ZARA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

VEER-ZARA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 March 2022 370,992 370,992
Additions 97,127 97,127
Disposals - -
Revaluations 30,757 30,757
Transfers - -
At 28 February 2023 498,876 498,876
Depreciation
At 01 March 2022 20,425 20,425
Charge for year - -
On disposals - -
Other adjustments - -
At 28 February 2023 20,425 20,425
Net book value
At 28 February 2023 478,451 478,451
At 28 February 2022 350,567 350,567

VEER-ZARA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 360,812 274,845
Other creditors 231,826 163,648
Total 592,638 438,493

Other Creditors - Directors Loan

VEER-ZARA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6. Revaluation reserve


2023
£
Surplus or deficit after revaluation 30,757
Balance at 28 February 2023 30,757

7 Warnebrooke Avenue, Murton, Seaham, SR7 9BT