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REGISTERED NUMBER: 10506145 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

VIPRADAS INVESTMENTS LIMITED

VIPRADAS INVESTMENTS LIMITED (REGISTERED NUMBER: 10506145)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VIPRADAS INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: A D Wechalekar
Dr K Wechalekar





REGISTERED OFFICE: 28a The Hundred
Romsey
Hampshire
SO51 8BW





REGISTERED NUMBER: 10506145 (England and Wales)





ACCOUNTANTS: Kumar Associates
Chartered Certified Accountants
28a The Hundred
Romsey
Hampshire
SO51 8BW

VIPRADAS INVESTMENTS LIMITED (REGISTERED NUMBER: 10506145)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,176,347 1,176,347

CURRENT ASSETS
Cash at bank 30,946 20,127

CREDITORS
Amounts falling due within one year 5 979,621 976,249
NET CURRENT LIABILITIES (948,675 ) (956,122 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

227,672

220,225

CREDITORS
Amounts falling due after more than one
year

6

246,058

255,012
NET LIABILITIES (18,386 ) (34,787 )

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves (29,688 ) (29,688 )
Retained earnings 11,202 (5,199 )
SHAREHOLDERS' FUNDS (18,386 ) (34,787 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

VIPRADAS INVESTMENTS LIMITED (REGISTERED NUMBER: 10506145)

BALANCE SHEET - continued
31 DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2024 and were signed on its behalf by:





A D Wechalekar - Director


VIPRADAS INVESTMENTS LIMITED (REGISTERED NUMBER: 10506145)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Vipradas Investments 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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 1,176,347
NET BOOK VALUE
At 31 December 2023 1,176,347
At 31 December 2022 1,176,347

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 637 -
Taxation and social security 1,014 -
Other creditors 977,970 976,249
979,621 976,249

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 246,058 255,012

7. RELATED PARTY DISCLOSURES

Included in creditors due is the amount of £972,017. This is a loan from company 'Alpha Medical Solutions Limited'. The directors of the Vipradas Investments Limited hold beneficial interest in the lending
company and are also the directors of the company.