Company Registration No. 10030706 (England and Wales)
VICTORIAN NEWS LIMITED
Unaudited accounts
for the year ended 28 February 2025
VICTORIAN NEWS LIMITED
Unaudited accounts
Contents
VICTORIAN NEWS LIMITED
Company Information
for the year ended 28 February 2025
Directors
Jasvinder Singh Randhawa
Parminder Kaur Randhawa
Secretary
Jasvinder Singh Randhawa
Company Number
10030706 (England and Wales)
Registered Office
8 PINNER VIEW
HARROW
MIDDLESEX
HA1 4QA
Accountants
A J Shah and Company
8 Pinner View
Harrow
Middlesex
HA1 4QA
VICTORIAN NEWS LIMITED
Statement of financial position
as at 28 February 2025
Tangible assets
63,864
28,334
Cash at bank and in hand
16,893
117,930
Creditors: amounts falling due within one year
(217,670)
(150,846)
Net current assets
109,488
187,837
Total assets less current liabilities
173,352
216,171
Creditors: amounts falling due after more than one year
(155,138)
(40,474)
Called up share capital
1
1
Profit and loss account
18,213
175,696
Shareholders' funds
18,214
175,697
For the year ending 28 February 2025 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 2 May 2025 and were signed on its behalf by
Jasvinder Singh Randhawa
Director
Company Registration No. 10030706
VICTORIAN NEWS LIMITED
Notes to the Accounts
for the year ended 28 February 2025
VICTORIAN NEWS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10030706. The registered office is 8 PINNER VIEW, HARROW, MIDDLESEX, HA1 4QA.
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:
Fixtures & fittings
10% per ANNUM straight Line basis
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
6,683
-
28,739
35,422
Additions
-
28,011
17,772
45,783
At 28 February 2025
6,683
28,011
46,511
81,205
At 1 March 2024
-
-
7,088
7,088
Charge for the year
-
5,602
4,651
10,253
At 28 February 2025
-
5,602
11,739
17,341
At 28 February 2025
6,683
22,409
34,772
63,864
At 29 February 2024
6,683
-
21,651
28,334
VICTORIAN NEWS LIMITED
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
Amounts due from group undertakings etc.
202,993
121,706
Other debtors
21,432
21,432
6
Investments held as current assets
2025
2024
Unlisted investments
9,516
-
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
113,120
16,000
Obligations under finance leases and hire purchase contracts
5,602
-
Trade creditors
49,312
53,494
Amounts owed to group undertakings and other participating interests
486
28,956
Taxes and social security
44,550
42,926
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 5 (2024: 3).