Company Registration No. 10507402 (England and Wales)
VNRE Limited
Unaudited accounts
for the year ended 31 December 2023
VNRE Limited
Unaudited accounts
Contents
VNRE Limited
Company Information
for the year ended 31 December 2023
Company Number
10507402 (England and Wales)
Registered Office
27 Old Gloucester Street
London
WC1N 3AX
Accountants
Total Tax Accountants
Loakes Place, 30 High Street
High Wycombe
HP11 2AG
VNRE Limited
Statement of financial position
as at 31 December 2023
Tangible assets
32,953
1,146
Cash at bank and in hand
226,660
127,550
Creditors: amounts falling due within one year
(28,597)
(5,678)
Net current assets
198,063
121,872
Total assets less current liabilities
231,016
123,018
Creditors: amounts falling due after more than one year
(210,168)
(110,934)
Called up share capital
1
1
Profit and loss account
20,847
12,083
Shareholders' funds
20,848
12,084
For the year ending 31 December 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 20 August 2024 and were signed on its behalf by
Viral Narshi
Director
Company Registration No. 10507402
VNRE Limited
Notes to the Accounts
for the year ended 31 December 2023
VNRE Limited is a private company, limited by shares, registered in England and Wales, registration number 10507402. The registered office is 27 Old Gloucester Street, London, WC1N 3AX.
2
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.
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Computer equipment
20% SLM
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
-
1,432
1,432
Additions
38,325
1,791
40,116
At 31 December 2023
38,325
3,223
41,548
At 1 January 2023
-
286
286
Charge for the year
7,665
644
8,309
At 31 December 2023
7,665
930
8,595
At 31 December 2023
30,660
2,293
32,953
At 31 December 2022
-
1,146
1,146
VNRE Limited
Notes to the Accounts
for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
987
-
Taxes and social security
(35)
2,758
Loans from directors
26,650
-
6
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
19,504
-
Other creditors
190,664
110,934
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).