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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
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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
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Vara Property Services Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,097 
6,294 
Current assets
Debtors
35,144 
26,535 
Cash at bank and in hand
19,671 
14,619 
54,815 
41,154 
Creditors: amounts falling due within one year
(46,418)
(34,645)
Net current assets
8,397 
6,509 
Net assets
12,494 
12,803 
Capital and reserves
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
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Vara Property Services Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 30 June 2024
4,096 
1 
4,097 
At 30 June 2023
6,144 
150 
6,294 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,276 
4,667 
Other debtors
21,868 
21,868 
35,144 
26,535 
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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 
£ 
£ 
VAT
28,890 
19,078 
Trade creditors
27 
- 
Taxes and social security
15,895 
11,921 
Other creditors
1,606 
660 
Loans from directors
- 
2,986 
46,418 
34,645 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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