V S Vasoya Ltd - Filleted accounts

Registered number

05465714

V S Vasoya Ltd

Filleted Accounts

31 January 2026

V S Vasoya Ltd
Registered number:		05465714
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		146,909			131,303

Current assets
Stocks		6,371			4,698
Debtors	5	12,836			11,778
Cash at bank and in hand		805,694			767,783
		824,901			784,259

Creditors: amounts falling due within one year	6	(468,900)			(344,042)

Net current assets			356,001			440,217

Total assets less current liabilities			502,910			571,520


Provisions for liabilities - deferred tax			(27,910)			(24,946)


Net assets			475,000			546,574

Capital and reserves
Called up share capital			100			100
Profit and loss account			474,900			546,474

Shareholders' funds			475,000			546,574

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr A M Patel
Director
Approved by the board on 26 October 2026

V S Vasoya Ltd
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles	20% per annum
	Fixtures, fittings, and office equipment	20% per annum

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			16		15


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 February 2025					150,000
	At 31 January 2026					150,000

	Amortisation
	At 1 February 2025					150,000
	At 31 January 2026					150,000

	Net book value
	At 31 January 2026					-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Fixtures, fittings and office equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2025	102,561		146,343		248,904
	Additions	74,070		-		74,070
	Disposals	(79,458)		-		(79,458)
	At 31 January 2026	97,173		146,343		243,516

	Depreciation
	At 1 February 2025	83,729		33,872		117,601
	Charge for the year	19,434		29,269		48,703
	On disposals	(69,697)		-		(69,697)
	At 31 January 2026	33,466		63,141		96,607

	Net book value
	At 31 January 2026	63,707		83,202		146,909
	At 31 January 2025	18,832		112,471		131,303


5	Debtors			2026		2025
£					£

	Trade debtors			-		40
	Other debtors			12,836		11,738
				12,836		11,778


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			6,292		4,026
	Taxation and social security costs			7,749		1,844
	Other creditors			454,859		338,172
				468,900		344,042


7	Controlling party

	There are 4 shareholders in the company each owning 25% of the share capital. Therefore, there is no controlling party


8	Other information

	V S Vasoya Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	7 Highmeres Road
	Leicester
	LE4 9LZ