Company Registration No. 11344918 (England and Wales)
VASAN PROPERTIES LTD
Unaudited accounts
for the year ended 31 May 2025
VASAN PROPERTIES LTD
Unaudited accounts
Contents
VASAN PROPERTIES LTD
Company Information
for the year ended 31 May 2025
Director
Sivakumar Neelamegan
Company Number
11344918 (England and Wales)
Registered Office
6 Colman Park
Swindon
Wiltshire
SN25 4YU
England
Accountants
IRTS Business Solutions Limited
209 The Heights
Northolt
Middlesex
UB5 4BX
VASAN PROPERTIES LTD
Statement of financial position
as at 31 May 2025
Tangible assets
1,685,791
1,456,940
Cash at bank and in hand
67,804
69,834
Creditors: amounts falling due within one year
(423,634)
(364,370)
Net current liabilities
(352,921)
(291,626)
Total assets less current liabilities
1,332,870
1,165,314
Creditors: amounts falling due after more than one year
(1,289,319)
(1,129,941)
Called up share capital
1,000
1,000
Profit and loss account
42,551
34,373
Shareholders' funds
43,551
35,373
For the year ending 31 May 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 May 2026 and were signed on its behalf by
Sivakumar Neelamegan
Director
Company Registration No. 11344918
VASAN PROPERTIES LTD
Notes to the Accounts
for the year ended 31 May 2025
VASAN PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 11344918. The registered office is 6 Colman Park, Swindon, Wiltshire, SN25 4YU, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Land & buildings
Amounts falling due within one year
Accrued income and prepayments
2,909
2,910
VASAN PROPERTIES LTD
Notes to the Accounts
for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
197,651
-
Taxes and social security
6,261
6,996
Loans from directors
217,182
355,434
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Creditors: amounts falling due after more than one year
2025
2024
Other creditors
1,261,529
1,096,595
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Average number of employees
During the year the average number of employees was 1 (2024: 0).