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REGISTERED NUMBER: 04042930 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 July 2023

for

Vijayant Properties (UK) Limited

Vijayant Properties (UK) Limited (Registered number: 04042930)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Vijayant Properties (UK) Limited (Registered number: 04042930)

Statement of Financial Position
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 3,564,050 3,833,217

CURRENT ASSETS
Debtors 5 118,843 43,105
Cash at bank 298,794 78,309
417,637 121,414
CREDITORS
Amounts falling due within one year 6 393,036 684,053
NET CURRENT ASSETS/(LIABILITIES) 24,601 (562,639 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,588,651

3,270,578

CREDITORS
Amounts falling due after more than one
year

7

76,192

207,284
NET ASSETS 3,512,459 3,063,294

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 267,300 267,300
Retained earnings 3,245,059 2,795,894
SHAREHOLDERS' FUNDS 3,512,459 3,063,294

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

Vijayant Properties (UK) Limited (Registered number: 04042930)

Statement of Financial Position - continued
31 July 2023


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 23 April 2024 and were signed by:





Mrs Rupinder Kaur Pannu - Director


Vijayant Properties (UK) Limited (Registered number: 04042930)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Vijayant Properties (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04042930

Registered office: 1 Church Street
London
N9 9DR

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue 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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% 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 statement of financial position date.

Deferred tax
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Vijayant Properties (UK) Limited (Registered number: 04042930)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. PROPERTY, PLANT AND EQUIPMENT
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2022 3,790,000 7,356 55,673 7,139 3,860,168
Additions - 525 - 1,763 2,288
Disposals (260,078 ) - - - (260,078 )
At 31 July 2023 3,529,922 7,881 55,673 8,902 3,602,378
DEPRECIATION
At 1 August 2022 - 6,255 18,017 2,679 26,951
Charge for year - 407 9,414 1,556 11,377
At 31 July 2023 - 6,662 27,431 4,235 38,328
NET BOOK VALUE
At 31 July 2023 3,529,922 1,219 28,242 4,667 3,564,050
At 31 July 2022 3,790,000 1,101 37,656 4,460 3,833,217

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 22,485 43,105
Other debtors 96,358 -
118,843 43,105

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 115,306 151,751
Trade creditors 30,732 12,265
Taxation and social security 120,846 51,882
Other creditors 126,152 468,155
393,036 684,053

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bank loans 56,644 181,721
Hire purchase contracts 19,548 25,563
76,192 207,284

Vijayant Properties (UK) Limited (Registered number: 04042930)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

8. RESERVES
Fair
value
reserve
£   
At 1 August 2022
and 31 July 2023 267,300