BANA VAID & ASSOCIATES LIMITED

Company Registration Number:
08755564 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

BANA VAID & ASSOCIATES LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

BANA VAID & ASSOCIATES LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 600,000 640,000
Tangible assets: 4 3,142 3,928
Total fixed assets: 603,142 643,928
Current assets
Debtors:   557,674 382,837
Cash at bank and in hand: 224,460 212,000
Total current assets: 782,134 594,837
Creditors: amounts falling due within one year:   (766,657) (546,378)
Net current assets (liabilities): 15,477 48,459
Total assets less current liabilities: 618,619 692,387
Total net assets (liabilities): 618,619 692,387
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 618,617 692,385
Shareholders funds: 618,619 692,387

The notes form part of these financial statements

BANA VAID & ASSOCIATES LIMITED

Balance sheet statements

For the year ending 30 June 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 October 2024
and signed on behalf of the board by:

Name: Ms Beroze Bana
Status: Director

The notes form part of these financial statements

BANA VAID & ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

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

BANA VAID & ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 8 8

BANA VAID & ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Intangible Assets

Total
Cost £
At 01 July 2023 800,000
At 30 June 2024 800,000
Amortisation
At 01 July 2023 160,000
Charge for year 40,000
At 30 June 2024 200,000
Net book value
At 30 June 2024 600,000
At 30 June 2023 640,000

BANA VAID & ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible Assets

Total
Cost £
At 01 July 2023 6,137
At 30 June 2024 6,137
Depreciation
At 01 July 2023 2,209
Charge for year 786
At 30 June 2024 2,995
Net book value
At 30 June 2024 3,142
At 30 June 2023 3,928