VVSP LTD - Accounts

VVSP LTD
Contents Page
For the year ended 31 March 2025

Company information	1
Director's report	2
Statement of financial position	3
Statement of changes in equity	4
Notes to the financial statements	5

VVSP LTD
Company Information
For the year ended 31 March 2025

Director	Venkatesh BACHANABOINA
Registered Number	13217653
Registered Office	344 Lodge Avenue Dagenham RM9 4QX

1

VVSP LTD
Director's Report
For the year ended 31 March 2025

Director's report and financial statements

The director presents his/her/their annual report and the financial statements for the year ended 31 March 2025.

Principal activities

The Company is incorporated on 22 February 2021. Principal activity of the company during the financial year is of providing Information technology consultancy activities

Director

The director who served the company throughout the year was as follows:

	Shares (%)
Venkatesh BACHANABOINA (from 22/02/2021)	50.00

Statement of director's responsibilities

The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

On behalf of the board.

----------------------------------
Venkatesh BACHANABOINA
Director

Date approved: 19 August 2025

2

VVSP LTD
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Current assets
Cash at bank and in hand		675	2,948
Creditors: amount falling due within one year	3	(7,290)	(9,300)
Net current assets		(6,615)	(6,352)

Total assets less current liabilities		(6,615)	(6,352)
Net assets		(6,615)	(6,352)

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(6,715)	(6,452)
Shareholders' funds		(6,615)	(6,352)

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.

The financial statements were approved by the director on 19 August 2025 and were signed by:

-------------------------------
Venkatesh BACHANABOINA
Director

3

VVSP LTD
Statement of Changes in Equity
For the year ended 31 March 2025

	Equity share capital	Retained Earnings	Total
	£	£	£
At 01 April 2023	100	9,937	10,037
Profit for the year		(16,389)	(16,389)
Total comprehensive income for the year	-	(16,389)	(16,389)
Total investments by and distributions to owners	-	-	-
At 31 March 2024	100	(6,452)	(6,352)
At 01 April 2024	100	(6,452)	(6,352)
Profit for the year		(263)	(263)
Total comprehensive income for the year	-	(263)	(263)
Total investments by and distributions to owners	-	-	-
At 31 March 2025	100	(6,715)	(6,615)

4

VVSP LTD
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

VVSP LTD is a private company, limited by shares, registered in , registration number 13217653, registration address 344 Lodge Avenue, Dagenham, RM9 4QX.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

3.

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	450	2,970
Wages & Salaries Control Account	830	830
Directors' Current Accounts	6,010	3,900
VAT	0	1,600
	7,290	9,300

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

5.	Control Mr. Venkatesh Bachanaboina is the director and 50% share holder of the company having ultimate control in the company.

5

Registered Number: 13217653

VVSP LTD

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025