VEER-ZARA COMPANY LIMITED

Company Registration Number:
11811551 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

VEER-ZARA COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

VEER-ZARA COMPANY LIMITED

Company Information

for the Period Ended 29 February 2024




Director: GOWARDUN, Rajeswarsing
GOWARDUN, Sateea Bhama Singh
Registered office: 19
Grovelands Road
Wickford
GBR
SS12 9DG
Company Registration Number: 11811551 (England and Wales)

VEER-ZARA COMPANY LIMITED

Profit and Loss Account

for the Period Ended 29 February 2024


Notes

2024
£

2023
£
Turnover 50,528 34,798
Gross Profit or (Loss) 50,528 34,798
Administrative Expenses ( 30,201 ) ( 45,490 )
Operating Profit or (Loss) 20,327 ( 10,692 )
Interest Payable and Similar Charges ( 47,258 ) ( 44,256 )
Profit or (Loss) Before Tax ( 26,931 ) ( 54,948 )
Profit or (Loss) for Period ( 26,931 ) ( 54,948 )

The notes form part of these financial statements

VEER-ZARA COMPANY LIMITED

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 478,451 478,451
Total fixed assets: 478,451 478,451
Current assets
Cash at bank and in hand: 6,103 3,624
Total current assets: 6,103 3,624
Net current assets (liabilities): 6,103 3,624
Total assets less current liabilities: 484,554 482,075
Creditors: amounts falling due after more than one year: 5 ( 622,048 ) ( 592,638 )
Total net assets (liabilities): ( 137,494 ) ( 110,563 )

The notes form part of these financial statements

VEER-ZARA COMPANY LIMITED

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 6 30,757 30,757
Profit and loss account: ( 168,351 ) ( 141,420 )
Shareholders funds: ( 137,494 ) ( 110,563 )

For the year ending 29 February 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 27 November 2024
And Signed On Behalf Of The Board By:

Name: GOWARDUN, Rajeswarsing
Status: Director

Name: GOWARDUN, Sateea Bhama Singh
Status: Director

The notes form part of these financial statements

VEER-ZARA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VEER-ZARA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

VEER-ZARA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

VEER-ZARA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 March 2023 498,876 498,876
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 29 February 2024 498,876 498,876
Depreciation
At 01 March 2023 20,425 20,425
Charge for year - -
On disposals - -
Other adjustments - -
At 29 February 2024 20,425 20,425
Net book value
At 29 February 2024 478,451 478,451
At 28 February 2023 478,451 478,451

VEER-ZARA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

5.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 360,812 360,812
Other creditors 261,236 231,826
Total 622,048 592,638

Other Creditors
Directors unsecured loan £261,236 2023 £231,826

VEER-ZARA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

6. Revaluation reserve


2024
£
Balance at 01 March 2023 30,757
Surplus or deficit after revaluation 0
Balance at 29 February 2024 30,757