VEDANSH LTD

Company Registration Number:
10754215 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

VEDANSH LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

VEDANSH LTD

Company Information

for the Period Ended 31 May 2024




Director: Nikul Patel
Registered office: Sudbury Hill Post Office
147 Greenford Road
Harrow
England
HA1 3QN
Company Registration Number: 10754215 (England and Wales)

VEDANSH LTD

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal Activities

The principal activity of the company for the period under review was that of postal activities under universal service obligation.

Directors

The directors shown below have held office during the whole of the period from 01 June 2023 to 31 May 2024
Nikul Patel

This report was approved by the board of directors on 1 December 2024
And Signed On Behalf Of The Board By:

Name: Nikul Patel
Status: Director

VEDANSH LTD

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 107,904 108,739
Total fixed assets: 107,904 108,739
Current assets
Stocks: 0 46
Debtors: 6 19,473 19,762
Cash at bank and in hand: 9,387 12,289
Total current assets: 28,860 32,097
Creditors: amounts falling due within one year: 7 ( 98,022 ) ( 90,390 )
Net current assets (liabilities): ( 69,162 ) ( 58,293 )
Total assets less current liabilities: 38,742 50,446
Creditors: amounts falling due after more than one year: 8 ( 29,137 ) ( 49,604 )
Accruals and deferred income: ( 476 ) ( 635 )
Total net assets (liabilities): 9,129 207

The notes form part of these financial statements

VEDANSH LTD

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 9 0 0
Profit and loss account: 9,029 107
Shareholders funds: 9,129 207

For the year ending 31 May 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 1 December 2024
And Signed On Behalf Of The Board By:

Name: Nikul Patel
Status: Director

The notes form part of these financial statements

VEDANSH LTD

Notes to the Financial Statements

for the Period Ended 31 May 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs
    incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    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:

    Fixtures & fittings 25% reducing balance method
    Computer equipment 25% reducing balance method

    Valuation information and policy

    Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.

VEDANSH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

VEDANSH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

VEDANSH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Dividends


2024
£

2023
£
Dividends paid 0 23,750

VEDANSH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Tangible assets

Land & buildings Fixtures & fittings Total
Cost £ £ £
At 01 June 2023 105,399 8,652 114,051
Additions 0 0 0
Disposals ( 0 ) ( 0 ) ( 0 )
Revaluations 0 0 0
Transfers 0 0 0
At 31 May 2024 105,399 8,652 114,051
Depreciation
At 01 June 2023 0 5,312 5,312
Charge for year 0 835 835
On disposals - - -
Other adjustments - - -
At 31 May 2024 0 6,147 6,147
Net book value
At 31 May 2024 105,399 2,505 107,904
At 31 May 2023 105,399 3,340 108,739

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:

Fixtures & fittings 25% reducing balance method
Computer equipment 25% reducing balance method

VEDANSH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Debtors


2024
£

2023
£
Prepayments and accrued income 1,973 2,262
Other debtors 17,500 17,500
Total 19,473 19,762

VEDANSH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 6,125 10,500
Amounts due under finance leases and hire purchase contracts 3,425 2,405
Trade creditors 2,170 2,473
Taxation and social security 4,535 9,124
Accruals and deferred income 0 53
Other creditors 81,767 65,835
Total 98,022 90,390

VEDANSH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

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


2024
£

2023
£
Bank loans and overdrafts 29,137 49,604
Total 29,137 49,604

VEDANSH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

9. Revaluation reserve


2024
£
Balance at 01 June 2023 0
Surplus or deficit after revaluation 0
Balance at 31 May 2024 0