IRIS Accounts Production v25.1.4.42 12842760 Board of Directors Board of Directors 1.9.23 31.8.24 31.8.24 0 0 false true false false true false Fair value model Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh128427602023-08-31128427602024-08-31128427602023-09-012024-08-31128427602022-08-31128427602022-09-012023-08-31128427602023-08-3112842760ns15:EnglandWales2023-09-012024-08-3112842760ns14:PoundSterling2023-09-012024-08-3112842760ns10:Director12023-09-012024-08-3112842760ns10:Director22023-09-012024-08-3112842760ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3112842760ns10:SmallEntities2023-09-012024-08-3112842760ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3112842760ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3112842760ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3112842760ns10:FullAccounts2023-09-012024-08-3112842760ns10:EntityHasNeverTraded2023-09-012024-08-3112842760ns10:OrdinaryShareClass12023-09-012024-08-3112842760ns10:OrdinaryShareClass22023-09-012024-08-3112842760ns10:RegisteredOffice2023-09-012024-08-3112842760ns5:CurrentFinancialInstruments2024-08-3112842760ns5:CurrentFinancialInstruments2023-08-3112842760ns5:Non-currentFinancialInstruments2024-08-3112842760ns5:Non-currentFinancialInstruments2023-08-3112842760ns5:ShareCapital2024-08-3112842760ns5:ShareCapital2023-08-3112842760ns5:RetainedEarningsAccumulatedLosses2024-08-3112842760ns5:RetainedEarningsAccumulatedLosses2023-08-3112842760ns10:OrdinaryShareClass12024-08-3112842760ns10:OrdinaryShareClass22024-08-31
REGISTERED NUMBER: 12842760 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

VARN LIMITED

VARN LIMITED (REGISTERED NUMBER: 12842760)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VARN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: T C Vaughton
Mrs E A Vaughton





REGISTERED OFFICE: The Old Brewery
Newtown
Bradford on Avon
Wiltshire
BA15 1NF





REGISTERED NUMBER: 12842760 (England and Wales)





ACCOUNTANTS: Andrew Cross & Co.
Chartered Certified Accountants
6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL

VARN LIMITED (REGISTERED NUMBER: 12842760)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 286,945 286,945

CURRENT ASSETS
Stocks 1,250 -
Cash at bank and in hand 2,274 100
3,524 100
CREDITORS
Amounts falling due within one year 5 791 4,370
NET CURRENT ASSETS/(LIABILITIES) 2,733 (4,270 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

289,678

282,675

CREDITORS
Amounts falling due after more than one
year

6

357,390

291,561
NET LIABILITIES (67,712 ) (8,886 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (67,812 ) (8,986 )
SHAREHOLDERS' FUNDS (67,712 ) (8,886 )

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

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

The directors acknowledge their 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.

VARN LIMITED (REGISTERED NUMBER: 12842760)

BALANCE SHEET - continued
31 AUGUST 2024


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 22 August 2025 and were signed on its behalf by:




T C Vaughton - Director



Mrs E A Vaughton - Director


VARN LIMITED (REGISTERED NUMBER: 12842760)

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

1. STATUTORY INFORMATION

Varn 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 services provided in the year together with the relevant proportion of work in progress at the year end date, exclusive of value added tax.

Work in progress
Work in progress is valued by taking account of the relevant proportion of sales invoices raised after the year end date, relating to services provided prior to the year end date.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 286,945
NET BOOK VALUE
At 31 August 2024 286,945
At 31 August 2023 286,945

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors (103 ) 3,769
Other creditors 894 601
791 4,370

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 357,390 291,561

VARN LIMITED (REGISTERED NUMBER: 12842760)

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

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100