BrightAccountsProduction v1.0.0 v1.0.0 2024-02-06 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is providing restaurant and food services. 30 January 2026 5 15470206 2025-02-28 15470206 2024-02-05 15470206 2024-02-06 2025-02-28 15470206 uk-bus:PrivateLimitedCompanyLtd 2024-02-06 2025-02-28 15470206 uk-curr:PoundSterling 2024-02-06 2025-02-28 15470206 uk-bus:AbridgedAccounts 2024-02-06 2025-02-28 15470206 uk-core:ShareCapital 2025-02-28 15470206 uk-core:RetainedEarningsAccumulatedLosses 2025-02-28 15470206 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-02-28 15470206 uk-bus:FRS102 2024-02-06 2025-02-28 15470206 uk-core:Goodwill 2024-02-06 2025-02-28 15470206 uk-core:Land 2024-02-06 2025-02-28 15470206 uk-core:PlantMachinery 2024-02-06 2025-02-28 15470206 uk-core:FurnitureFittingsToolsEquipment 2024-02-06 2025-02-28 15470206 uk-core:Goodwill 2024-02-05 15470206 uk-core:Goodwill 2025-02-28 15470206 2024-02-06 2025-02-28 15470206 uk-bus:Director1 2024-02-06 2025-02-28 15470206 uk-bus:AuditExempt-NoAccountantsReport 2024-02-06 2025-02-28 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: 15470206

THE VIRAASAT LIMITED

Abridged Unaudited Financial Statements

for the financial period from 6 February 2024 (date of incorporation) to 28 February 2025

THE VIRAASAT LIMITED

Company Registration Number: 15470206

ABRIDGED BALANCE SHEET

as at 28 February 2025

|  |  | Feb 25
|  | Notes | £
Fixed Assets

Intangible assets |  | 6 | 27,000
Tangible assets |  | 7 | 72,398
|  |  | ─────────
Fixed Assets |  |  | 99,398
|  |  | ─────────
Current Assets

Stocks |  |  | 3,100
Debtors |  |  | 6,250
Cash at bank and in hand |  |  | 3,778
|  |  | ─────────
|  |  | 13,128
|  |  | ─────────
Creditors: amounts falling due within one year |  |  | (235,715)
|  |  | ─────────
Net Current Liabilities |  |  | (222,587)
|  |  | ─────────
Total Assets less Current Liabilities |  |  | (123,189)
|  |  | ═════════
Capital and Reserves

Called up share capital |  |  | 2
Retained earnings |  |  | (123,191)
|  |  | ─────────
Equity attributable to owners of the company |  |  | (123,189)
|  |  | ═════════
The financial statements have been prepared 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).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.

For the financial period from 6 February 2024 (date of incorporation) to 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.

Approved by the Board and authorised for issue on 30 January 2026 and signed on its behalf by

________________________________ |  |  |
Anshuman Singh |  |  |
Director |  |  |

THE VIRAASAT LIMITED

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial period from 6 February 2024 (date of incorporation) to 28 February 2025

1. | General Information
| THE VIRAASAT LIMITED is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 15470206.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the financial period ended 28 February 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Turnover
| Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
| Goodwill
| Purchased goodwill arising on the acquisition of a business premise lease represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Balance Sheet and amortised on a straight line basis over its economic useful life of 10 years, which is estimated to be the period during which benefits are expected to arise. On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.
| Tangible assets and depreciation
| Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
|  | Long leasehold property | - | Leasehold term
|  | Plant and machinery | - | 33.33% Straight line
|  | Fixtures, fittings and equipment | - | 25% Straight line
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Stocks
| Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.
| Trade and other debtors
| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
| Borrowing costs
| Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
| Trade and other creditors
| Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| Taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

3. | Period of financial statements
| The financial statements are for the 12 month 23 days period from 6 February 2024 (date of incorporation) to 28 February 2025.

4. | Statement on previous periods
| The company did not present financial statements for previous periods.

5. | Employees
| The average monthly number of employees, including directors, during the financial period was 5, (Feb 24 - 0).
|  | Feb 25
|  | Number
| Average number of persons employed by the company | 5
|  | ═════════

6. | Intangible assets
|  | Goodwill | Total
|  | £ | £
| Cost
| At 6 February 2024 | - | -
| Additions | 30,000 | 30,000
|  | ───────── | ─────────
| At 28 February 2025 | 30,000 | 30,000
|  | ───────── | ─────────
| Amortisation
| Charge for financial period | 3,000 | 3,000
|  | ───────── | ─────────
| At 28 February 2025 | 3,000 | 3,000
|  | ───────── | ─────────
| Net book value
| At 28 February 2025 | 27,000 | 27,000
|  | ═════════ | ═════════

7. | Tangible assets
|  | Long | Plant and | Fixtures, | Total
|  | leasehold | machinery | fittings and |
|  | property |  | equipment |
|  | £ | £ | £ | £
| Cost
| At 6 February 2024 | - | - | - | -
| Additions | 53,649 | 2,116 | 29,253 | 85,018
|  | ───────── | ───────── | ───────── | ─────────
| At 28 February 2025 | 53,649 | 2,116 | 29,253 | 85,018
|  | ───────── | ───────── | ───────── | ─────────
| Depreciation
| At 6 February 2024 | - | - | - | -
| Charge for the financial period | 4,609 | 698 | 7,313 | 12,620
|  | ───────── | ───────── | ───────── | ─────────
| At 28 February 2025 | 4,609 | 698 | 7,313 | 12,620
|  | ───────── | ───────── | ───────── | ─────────
| Net book value
| At 28 February 2025 | 49,040 | 1,418 | 21,940 | 72,398
|  | ═════════ | ═════════ | ═════════ | ═════════