2023-02-012023-03-312023-03-31false13844903VOICEVERSE LABS LTD2024-11-0162012iso4217:GBPxbrli:pure138449032023-02-01138449032023-03-31138449032023-02-012023-03-31138449032022-01-12138449032023-01-31138449032022-01-122023-01-3113844903bus:SmallEntities2023-02-012023-03-3113844903bus:AuditExempt-NoAccountantsReport2023-02-012023-03-3113844903bus:FullAccounts2023-02-012023-03-3113844903bus:PrivateLimitedCompanyLtd2023-02-012023-03-3113844903core:WithinOneYear2023-03-3113844903core:AfterOneYear2023-03-3113844903core:WithinOneYear2023-01-3113844903core:AfterOneYear2023-01-3113844903core:ShareCapital2023-03-3113844903core:SharePremium2023-03-3113844903core:RevaluationReserve2023-03-3113844903core:OtherReservesSubtotal2023-03-3113844903core:RetainedEarningsAccumulatedLosses2023-03-3113844903core:ShareCapital2023-01-3113844903core:SharePremium2023-01-3113844903core:RevaluationReserve2023-01-3113844903core:OtherReservesSubtotal2023-01-3113844903core:RetainedEarningsAccumulatedLosses2023-01-3113844903core:LandBuildings2023-03-3113844903core:PlantMachinery2023-03-3113844903core:Vehicles2023-03-3113844903core:FurnitureFittings2023-03-3113844903core:OfficeEquipment2023-03-3113844903core:NetGoodwill2023-03-3113844903core:IntangibleAssetsOtherThanGoodwill2023-03-3113844903core:ListedExchangeTraded2023-03-3113844903core:UnlistedNon-exchangeTraded2023-03-3113844903core:LandBuildings2023-01-3113844903core:PlantMachinery2023-01-3113844903core:Vehicles2023-01-3113844903core:FurnitureFittings2023-01-3113844903core:OfficeEquipment2023-01-3113844903core:NetGoodwill2023-01-3113844903core:IntangibleAssetsOtherThanGoodwill2023-01-3113844903core:ListedExchangeTraded2023-01-3113844903core:UnlistedNon-exchangeTraded2023-01-3113844903core:LandBuildings2023-02-012023-03-3113844903core:PlantMachinery2023-02-012023-03-3113844903core:Vehicles2023-02-012023-03-3113844903core:FurnitureFittings2023-02-012023-03-3113844903core:OfficeEquipment2023-02-012023-03-3113844903core:NetGoodwill2023-02-012023-03-3113844903core:IntangibleAssetsOtherThanGoodwill2023-02-012023-03-3113844903core:ListedExchangeTraded2023-02-012023-03-3113844903core:UnlistedNon-exchangeTraded2023-02-012023-03-3113844903core:MoreThanFiveYears2023-02-012023-03-3113844903core:Non-currentFinancialInstruments2023-03-3113844903core:Non-currentFinancialInstruments2023-01-3113844903dpl:CostSales2023-02-012023-03-3113844903dpl:DistributionCosts2023-02-012023-03-3113844903core:LandBuildings2023-02-012023-03-3113844903core:PlantMachinery2023-02-012023-03-3113844903core:Vehicles2023-02-012023-03-3113844903core:FurnitureFittings2023-02-012023-03-3113844903core:OfficeEquipment2023-02-012023-03-3113844903dpl:AdministrativeExpenses2023-02-012023-03-3113844903core:NetGoodwill2023-02-012023-03-3113844903core:IntangibleAssetsOtherThanGoodwill2023-02-012023-03-3113844903dpl:GroupUndertakings2023-02-012023-03-3113844903dpl:ParticipatingInterests2023-02-012023-03-3113844903dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012023-03-3113844903core:ListedExchangeTraded2023-02-012023-03-3113844903dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012023-03-3113844903core:UnlistedNon-exchangeTraded2023-02-012023-03-3113844903dpl:CostSales2022-01-122023-01-3113844903dpl:DistributionCosts2022-01-122023-01-3113844903core:LandBuildings2022-01-122023-01-3113844903core:PlantMachinery2022-01-122023-01-3113844903core:Vehicles2022-01-122023-01-3113844903core:FurnitureFittings2022-01-122023-01-3113844903core:OfficeEquipment2022-01-122023-01-3113844903dpl:AdministrativeExpenses2022-01-122023-01-3113844903core:NetGoodwill2022-01-122023-01-3113844903core:IntangibleAssetsOtherThanGoodwill2022-01-122023-01-3113844903dpl:GroupUndertakings2022-01-122023-01-3113844903dpl:ParticipatingInterests2022-01-122023-01-3113844903dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-122023-01-3113844903core:ListedExchangeTraded2022-01-122023-01-3113844903dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-122023-01-3113844903core:UnlistedNon-exchangeTraded2022-01-122023-01-3113844903core:NetGoodwill2023-03-3113844903core:IntangibleAssetsOtherThanGoodwill2023-03-3113844903core:LandBuildings2023-03-3113844903core:PlantMachinery2023-03-3113844903core:Vehicles2023-03-3113844903core:FurnitureFittings2023-03-3113844903core:OfficeEquipment2023-03-3113844903core:AfterOneYear2023-03-3113844903core:WithinOneYear2023-03-3113844903core:ListedExchangeTraded2023-03-3113844903core:UnlistedNon-exchangeTraded2023-03-3113844903core:ShareCapital2023-03-3113844903core:SharePremium2023-03-3113844903core:RevaluationReserve2023-03-3113844903core:OtherReservesSubtotal2023-03-3113844903core:RetainedEarningsAccumulatedLosses2023-03-3113844903core:NetGoodwill2023-01-3113844903core:IntangibleAssetsOtherThanGoodwill2023-01-3113844903core:LandBuildings2023-01-3113844903core:PlantMachinery2023-01-3113844903core:Vehicles2023-01-3113844903core:FurnitureFittings2023-01-3113844903core:OfficeEquipment2023-01-3113844903core:AfterOneYear2023-01-3113844903core:WithinOneYear2023-01-3113844903core:ListedExc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VOICEVERSE LABS LTD

Registered Number
13844903
(England and Wales)

Unaudited Financial Statements for the Period ended
31 March 2023

VOICEVERSE LABS LTD
Company Information
for the period from 1 February 2023 to 31 March 2023

Directors

AGGARWAL, Vatsal
SHARMA, Siddharth

Registered Address

Runway East Bloomsbury
24-28 Bloomsbury Way
London
WC1A 2SN

Registered Number

13844903 (England and Wales)
VOICEVERSE LABS LTD
Balance Sheet as at
31 March 2023

Notes

31 Mar 2023

31 Jan 2023

£

£

£

£

Fixed assets
Tangible assets412,15812,367
12,15812,367
Current assets
Debtors597,67558,911
Cash at bank and on hand205,785237,002
303,460295,913
Creditors amounts falling due within one year6(4,171)(2,520)
Net current assets (liabilities)299,289293,393
Total assets less current liabilities311,447305,760
Creditors amounts falling due after one year7(285,593)(235,344)
Net assets25,85470,416
Capital and reserves
Called up share capital120120
Share premium220,361220,361
Profit and loss account(194,627)(150,065)
Shareholders' funds25,85470,416
The financial statements were approved and authorised for issue by the Board of Directors on 1 November 2024, and are signed on its behalf by:
SHARMA, Siddharth
Director
Registered Company No. 13844903
VOICEVERSE LABS LTD
Notes to the Financial Statements
for the period ended 31 March 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment3
Related parties
As at 31 March 2023, the outstanding balances on loans made to the directors by the company were as follows: Loan amount Director £20,022.91 ETMINAN, Tom £4,009.81 AGGARWAL, Vatsal £2,000.00 SHARMA, Siddharth Interest at the rate of 2.25% per annum is payable on the loan made to ETMINAN, Tom. ETMINAN, Tom has repaid £20,000.00 of the loan on 22 May 2023. SHARMA, Siddharth has repaid the loan in full on 11 October 2023.
2.Average number of employees

20232023
Average number of employees during the year23
3.Prior period adjustment
During the period, the Company identified an adjustment needed in the prior period financial statements. £220,361 was reclassified from Called up share capital to Share premium to accurately reflect the nominal value of Called up share capital and Share premium as of the prior period Balance Sheet date. This reclassification affects only the presentation within the Balance Sheet and has no impact on net assets, net income, or cash flows for the prior period.
4.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 February 2314,24414,244
Additions595595
At 31 March 2314,83914,839
Depreciation and impairment
At 01 February 231,8771,877
Charge for year804804
At 31 March 232,6812,681
Net book value
At 31 March 2312,15812,158
At 31 January 2312,36712,367
5.Debtors: amounts due within one year

2023

2023

££
Other debtors97,67558,911
Total97,67558,911
6.Creditors: amounts due within one year

2023

2023

££
Taxation and social security1,361-
Accrued liabilities and deferred income2,8102,520
Total4,1712,520
7.Creditors: amounts due after one year

2023

2023

££
Amounts owed to related parties285,593235,344
Total285,593235,344