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REGISTERED NUMBER: 12812202 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2022

for

VEEIAN LIMITED

VEEIAN LIMITED (REGISTERED NUMBER: 12812202)






Contents of the Financial Statements
for the Year Ended 31 August 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VEEIAN LIMITED

Company Information
for the Year Ended 31 August 2022







DIRECTOR: Miss N Sahota





REGISTERED OFFICE: 2 Wimborne Avenue
Norwood Green
Southall
UB2 4HB





REGISTERED NUMBER: 12812202 (England and Wales)





ACCOUNTANTS: Panesar & Co Ltd
Chartered Certified Accountants
3 Waterside Drive
Langley
Berkshire
SL3 6EZ

VEEIAN LIMITED (REGISTERED NUMBER: 12812202)

Balance Sheet
31 August 2022

31.8.22 31.8.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 853 1,283

CURRENT ASSETS
Debtors 5 2,118 11,975
Cash at bank 58,289 56,567
60,407 68,542
CREDITORS
Amounts falling due within one year 6 26,594 25,697
NET CURRENT ASSETS 33,813 42,845
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,666

44,128

PROVISIONS FOR LIABILITIES 162 244
NET ASSETS 34,504 43,884

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 34,404 43,784
34,504 43,884

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 March 2024 and were signed by:



Miss N Sahota - Director


VEEIAN LIMITED (REGISTERED NUMBER: 12812202)

Notes to the Financial Statements
for the Year Ended 31 August 2022

1. STATUTORY INFORMATION

Veeian Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

VEEIAN LIMITED (REGISTERED NUMBER: 12812202)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2021
and 31 August 2022 1,925
DEPRECIATION
At 1 September 2021 642
Charge for year 430
At 31 August 2022 1,072
NET BOOK VALUE
At 31 August 2022 853
At 31 August 2021 1,283

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.22 31.8.21
£    £   
Other debtors 2,118 11,975

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.22 31.8.21
£    £   
Taxation and social security 164 10,027
Other creditors 26,430 15,670
26,594 25,697

7. RELATED PARTY DISCLOSURES

Included in creditors is a loan of £24,990 (2021 - £14,230) payable to the director. The loan is interest free and has no fixed date of repayment.