Company Registration No. 08525134 (England and Wales)
Vainnov Ltd
Unaudited accounts
for the year ended 31 May 2024
Vainnov Ltd
Unaudited accounts
Contents
Vainnov Ltd
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
15,211
17,242
Creditors: amounts falling due within one year
5,933
6,009
Net current assets
21,144
23,251
Called up share capital
200
200
Profit and loss account
20,944
25,175
Shareholders' funds
21,144
25,375
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by
Mr Ankur Khandelia
Director
Company Registration No. 08525134
Vainnov Ltd
Notes to the Accounts
for the year ended 31 May 2024
Vainnov Ltd is a private company, limited by shares, registered in England and Wales, registration number 08525134. The registered office is 17 Clyde Road, Croydon, CR0 6SY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
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:
Plant & machinery
33.33% Straightline
Fixtures & fittings
33.33% Straightline
Computer equipment
33.33% Straightline
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2023
5,940
40,147
46,087
At 31 May 2024
5,940
40,147
46,087
At 1 June 2023
5,940
38,023
43,963
Charge for the year
-
2,124
2,124
At 31 May 2024
5,940
40,147
46,087
At 31 May 2023
-
2,124
2,124
Vainnov Ltd
Notes to the Accounts
for the year ended 31 May 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(465)
2,870
Other creditors
(5,756)
(9,167)
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Average number of employees
During the year the average number of employees was 0 (2023: 0).