NAMASTE VILLAGE NORWICH LIMITED

NAMASTE VILLAGE NORWICH LIMITED
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

NAMASTE VILLAGE NORWICH LIMITED
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	80,655	133,675
		80,655	133,675
Current assets
Debtors: amounts falling due within one year		26,799	97,133
Debtors: amounts falling due after one year		231,044	255,800
Cash at bank and in hand		87,581	226,592
		345,424	579,525
Creditors: amount falling due within one year		(282,013)	(499,500)
Net current assets		63,411	80,025

Total assets less current liabilities		144,066	213,700
Creditors: amount falling due after more than one year		(78,004)	(109,061)
Net assets		66,062	104,639

Capital and reserves
Called up share capital	4	60	60
Profit and loss account		66,002	104,579
Shareholders' funds		66,062	104,639

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 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 to the Registrar of Companies.

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

The financial statements were approved by the director on 15 December 2025 and were signed by:

-------------------------------
Vijaykumar JETANI
Director

1

NAMASTE VILLAGE NORWICH LIMITED
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

NAMASTE VILLAGE NORWICH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11245395, registration address 131-139 Queens Road, Norwich, Norfolk, NR1 3PN.

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.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Straight Line
Motor Vehicles	25% Straight Line
Fixtures and Fittings	25% Straight Line

2.	Average number of employees Average number of employees during the year was 65 (2024 : 56).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Total
	£	£	£	£
At 01 April 2024	12,422	134,104	65,553	212,079
Additions	-	-	-	-
Disposals	-	-	-	-
At 31 March 2025	12,422	134,104	65,553	212,079
Depreciation
At 01 April 2024	6,211	36,526	35,667	78,404
Charge for year	3,105	33,526	16,389	53,020
On disposals	-	-	-	-
At 31 March 2025	9,316	70,052	52,056	131,424
Net book values
Closing balance as at 31 March 2025	3,106	64,052	13,497	80,655
Opening balance as at 01 April 2024	6,211	97,578	29,886	133,675

4.

Share Capital

Authorised
60 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
60 Class A shares of £1.00 each	60		60
	60		60

2

Registered Number: 11245395
England and Wales
NAMASTE VILLAGE NORWICH LIMITED

Abridged Accounts

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