Company Registration No. 12656232 (England and Wales)
Vara Property Services Ltd
Unaudited accounts
for the year ended 30 June 2024
Vara Property Services Ltd
Unaudited accounts
Contents
Vara Property Services Ltd
Company Information
for the year ended 30 June 2024
Directors
Kishen Vara
Rhianne Vara
Company Number
12656232 (England and Wales)
Registered Office
183 Anstey Lane
Leicester
Leicestershire
LE4 0FH
United Kingdom
Vara Property Services Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
4,097
6,294
Cash at bank and in hand
19,671
14,619
Creditors: amounts falling due within one year
(46,418)
(34,645)
Net current assets
8,397
6,509
Called up share capital
1
1
Profit and loss account
12,493
12,802
Shareholders' funds
12,494
12,803
For the year ending 30 June 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 6 March 2025 and were signed on its behalf by
Kishen Vara
Director
Company Registration No. 12656232
Vara Property Services Ltd
Notes to the Accounts
for the year ended 30 June 2024
Vara Property Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12656232. The registered office is 183 Anstey Lane, Leicester, Leicestershire, LE4 0FH, United Kingdom.
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:
Land & buildings
During the year no fixed asset is purchased
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
12,000
514
12,514
At 30 June 2024
12,000
514
12,514
At 1 July 2023
5,856
364
6,220
Charge for the year
2,048
149
2,197
At 30 June 2024
7,904
513
8,417
At 30 June 2024
4,096
1
4,097
At 30 June 2023
6,144
150
6,294
Amounts falling due within one year
Trade debtors
13,276
4,667
Other debtors
21,868
21,868
Vara Property Services Ltd
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
15,895
11,921
Loans from directors
-
2,986
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).