Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 09390167 Mr Kunjan Barot iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09390167 2023-01-31 09390167 2024-01-31 09390167 2023-02-01 2024-01-31 09390167 frs-core:CurrentFinancialInstruments 2024-01-31 09390167 frs-core:ComputerEquipment 2024-01-31 09390167 frs-core:ComputerEquipment 2023-02-01 2024-01-31 09390167 frs-core:ComputerEquipment 2023-01-31 09390167 frs-core:FurnitureFittings 2024-01-31 09390167 frs-core:FurnitureFittings 2023-02-01 2024-01-31 09390167 frs-core:FurnitureFittings 2023-01-31 09390167 frs-core:MotorVehicles 2024-01-31 09390167 frs-core:MotorVehicles 2023-02-01 2024-01-31 09390167 frs-core:MotorVehicles 2023-01-31 09390167 frs-core:ShareCapital 2024-01-31 09390167 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09390167 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09390167 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 09390167 frs-bus:SmallEntities 2023-02-01 2024-01-31 09390167 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09390167 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09390167 frs-bus:Director1 2023-02-01 2024-01-31 09390167 frs-countries:EnglandWales 2023-02-01 2024-01-31 09390167 2022-01-31 09390167 2023-01-31 09390167 2022-02-01 2023-01-31 09390167 frs-core:CurrentFinancialInstruments 2023-01-31 09390167 frs-core:ShareCapital 2023-01-31 09390167 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 09390167
Vedastech Consulting Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09390167
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,377 5,073
4,377 5,073
CURRENT ASSETS
Debtors 5 15,700 12,580
Cash at bank and in hand 180,757 159,131
196,457 171,711
Creditors: Amounts Falling Due Within One Year 6 (61,464 ) (73,832 )
NET CURRENT ASSETS (LIABILITIES) 134,993 97,879
TOTAL ASSETS LESS CURRENT LIABILITIES 139,370 102,952
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,068 ) (1,091 )
NET ASSETS 138,302 101,861
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 138,202 101,761
SHAREHOLDERS' FUNDS 138,302 101,861
Page 1
Page 2
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Kunjan Barot
Director
30/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Vedastech Consulting Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09390167 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets. Depreciation is over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2023 75,252 5,689 17,132 98,073
Additions - - 3,261 3,261
Disposals (74,953 ) - - (74,953 )
As at 31 January 2024 299 5,689 20,393 26,381
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 February 2023 75,252 3,666 14,082 93,000
Provided during the period - 1,226 2,731 3,957
Disposals (74,953 ) - - (74,953 )
As at 31 January 2024 299 4,892 16,813 22,004
Net Book Value
As at 31 January 2024 - 797 3,580 4,377
As at 1 February 2023 - 2,023 3,050 5,073
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 15,600 12,480
Other debtors 100 100
15,700 12,580
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 37,738
Corporation tax 42,258 24,252
Other taxes and social security 8 33
VAT 16,270 10,259
Other creditors 2,928 1,550
61,464 73,832
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4