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REGISTERED NUMBER: 07566884 (England and Wales)















V R ACCOUNTANTS LIMITED
T/A
VIPIN RAJA & CO

ABRIDGED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






V R ACCOUNTANTS LIMITED (REGISTERED NUMBER: 07566884)
T/A
VIPIN RAJA & CO






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


V R ACCOUNTANTS LIMITED
T/A
VIPIN RAJA & CO

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: V M Raja FCA





REGISTERED OFFICE: Sunmil House
Northgate
Northwood
Middlesex
HA6 2TH





REGISTERED NUMBER: 07566884 (England and Wales)






V R ACCOUNTANTS LIMITED (REGISTERED NUMBER: 07566884)
T/A
VIPIN RAJA & CO

ABRIDGED BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 19,050 28,575
Tangible assets 5 74,659 1,693
93,709 30,268

CURRENT ASSETS
Debtors 192,672 131,886
Cash at bank and in hand 966,699 916,489
1,159,371 1,048,375
CREDITORS
Amounts falling due within one year (60,872 ) (66,853 )
NET CURRENT ASSETS 1,098,499 981,522
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,192,208

1,011,790

CREDITORS
Amounts falling due after more than one
year

(47,633

)

-
NET ASSETS 1,144,575 1,011,790

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,144,475 1,011,690
SHAREHOLDERS' FUNDS 1,144,575 1,011,790

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

V R ACCOUNTANTS LIMITED (REGISTERED NUMBER: 07566884)
T/A
VIPIN RAJA & CO

ABRIDGED BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 March 2025 and were signed by:





V M Raja FCA - Director


V R ACCOUNTANTS LIMITED (REGISTERED NUMBER: 07566884)
T/A
VIPIN RAJA & CO

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

V R ACCOUNTANTS LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net fees receivable excluding value added tax.

Goodwill
Goodwill recognised at acquisition is measured at cost less accumulated amortisation and accumulated impairment losses. The company previously amortised goodwill over a life of twenty years, however in order to comply with the adoption of FRS 102 Section 1A, the company has changed the amortisation period to ten years.Goodwill relates to the acquisition of business in 2011 and the carrying amount is now being amortised evenly over a finite life of ten years from the date of change in policy which was 1April 2016.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Furniture & Equipment - 20% on reducing balance
Motor Car - 10% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

V R ACCOUNTANTS LIMITED (REGISTERED NUMBER: 07566884)
T/A
VIPIN RAJA & CO

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 127,000
AMORTISATION
At 1 April 2023 98,425
Amortisation for year 9,525
At 31 March 2024 107,950
NET BOOK VALUE

At 31 March 2024 19,050
At 31 March 2023 28,575

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 9,092
Additions 81,450
At 31 March 2024 90,542
DEPRECIATION
At 1 April 2023 7,399
Charge for year 8,484
At 31 March 2024 15,883
NET BOOK VALUE
At 31 March 2024 74,659
At 31 March 2023 1,693