Varsani One Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

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Varsani One Limited

Balance Sheet

As At 31 January 2026

Balance Sheet

Registered number: 09954955

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		47,640		62,041

			47,640		62,041
CURRENT ASSETS
Stocks	5	151,805		158,616
Debtors	6	33,275		43,586
Cash at bank and in hand		19,186		9,246

		204,266		211,448
Creditors: Amounts Falling Due Within One Year	7	(167,984 )		(167,076 )

NET CURRENT ASSETS (LIABILITIES)			36,282		44,372

TOTAL ASSETS LESS CURRENT LIABILITIES			83,922		106,413

NET ASSETS			83,922		106,413

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			83,822		106,313

SHAREHOLDERS' FUNDS			83,922		106,413

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Varsani One Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Nitehash Dhanji Varsani

Director

13/04/2026

The notes on pages 4 to 6 form part of these financial statements.

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Varsani One Limited

Notes to the Financial Statements

For The Year Ended 31 January 2026

Notes to the Financial Statements

1. General Information

Varsani One Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09954955 . The registered office is 120 Cavendish Place, Eastbourne, East Sussex, BN21 3TZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	NA
Motor Vehicles	20% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	33.33% Straight Line Method

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Varsani One Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2025: 13)

4. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 February 2025	2,250	30,315	205,341	899	238,805

As at 31 January 2026	2,250	30,315	205,341	899	238,805

Depreciation
As at 1 February 2025	-	19,385	156,480	899	176,764
Provided during the period	-	2,186	12,215	-	14,401

As at 31 January 2026	-	21,571	168,695	899	191,165

Net Book Value
As at 31 January 2026	2,250	8,744	36,646	-	47,640

As at 1 February 2025	2,250	10,930	48,861	-	62,041

5. Stocks

	2026	2025
	£	£
Materials	151,805	158,616

6. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	1,188	5,624
Other debtors	32,087	37,962

	33,275	43,586

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Varsani One Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	61,508	43,706
Corporation tax	4,375	9,201
Other taxes and social security	5,602	973
VAT	10,268	13,347
Net wages	2,516	2,516
Other creditors	1,792	-
Accruals and deferred income	4,372	3,784
Directors' loan accounts	77,551	93,549

	167,984	167,076

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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Directors	Nitehash Dhanji Varsani
	Geeta Varsani

Company Number	09954955

Registered Office	120 Cavendish Place
	Eastbourne
	East Sussex
	BN21 3TZ

Accountants	Diamond Accounts Limited
	120 Cavendish Place
	Eastbourne
	East Sussex
	BN21 3TZ