Company registration number 10583089 (England and Wales)
VELANI ASSOCIATES LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
PAGES FOR FILING WITH REGISTRAR
VELANI ASSOCIATES LTD
CONTENTS
Page
Directors' report
1
Statement of financial position
2
Notes to the financial statements
3
VELANI ASSOCIATES LTD
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 JANUARY 2024
- 1 -
The directors present their annual report and financial statements for the year ended 31 January 2024.
Principal activities
The principal activity of the company continued to be that of construction and consultancy services.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Mr K Velani
Mrs R Velani
Small companies exemption
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
On behalf of the board
Mr K Velani
Director
1 March 2024
VELANI ASSOCIATES LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 JANUARY 2024
31 January 2024
- 2 -
2024
2023
Notes
£
£
£
£
Non-current assets
Property, plant and equipment
375
562
Current assets
Cash and cash equivalents
2,899
5,782
Current liabilities
(11,463)
(13,384)
Net current liabilities
(8,564)
(7,602)
Net liabilities
(8,189)
(7,040)
Equity
Called up share capital
100
100
Retained earnings
(8,289)
(7,140)
Total equity
(8,189)
(7,040)
In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 1 March 2024 and are signed on its behalf by:
Mr K Velani
Director
Company registration number 10583089 (England and Wales)
VELANI ASSOCIATES LTD
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 JANUARY 2024
31 January 2024
- 3 -
1
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
2
2