V.N.R.S. Limited - Filleted accounts

Registered number

06307271

V.N.R.S. Limited

Filleted Accounts

31 March 2026

V.N.R.S. Limited
Registered number:		06307271
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		718,452			746,284

Current assets
Stocks		108,966			125,676
Debtors	5	555,669			420,204
Cash at bank and in hand		704,938			496,807
		1,369,573			1,042,687

Creditors: amounts falling due within one year	6	(540,832)			(401,464)

Net current assets			828,741			641,223

Total assets less current liabilities			1,547,193			1,387,507

Creditors: amounts falling due after more than one year	7		(170,000)			(220,000)

Provisions for liabilities			(3,922)			(6,617)


Net assets			1,373,271			1,160,890

Capital and reserves
Called up share capital			100			100
Profit and loss account			1,373,171			1,160,790

Shareholders' funds			1,373,271			1,160,890

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 N Sanghvi
Director
Approved by the board on 15 September 2026

V.N.R.S. Limited
Notes to the Accounts
for the year ended 31 March 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 after the service is provided.

	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:

	Freehold and leasehold land and buildings			2% straight line
	Plant and machinery			20% / 33.33% straight line
	Motor vehicle			20% straight line

	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.

	Leased assets
	Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the term of the lease.

	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					12		12


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2025							940,000
	At 31 March 2026							940,000

	Amortisation
	At 1 April 2025							940,000
	At 31 March 2026							940,000

	Net book value
	At 31 March 2026							-

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







4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2025	852,503		140,021		39,562		1,032,086
	At 31 March 2026	852,503		140,021		39,562		1,032,086

	Depreciation
	At 1 April 2025	132,687		133,993		19,122		285,802
	Charge for the year	17,050		2,870		7,912		27,832
	At 31 March 2026	149,737		136,863		27,034		313,634

	Net book value
	At 31 March 2026	702,766		3,158		12,528		718,452
	At 31 March 2025	719,816		6,028		20,440		746,284


5	Debtors					2026		2025
£							£

	Trade debtors					154,004		178,353
	Other debtors					401,665		241,851
						555,669		420,204


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

	Trade creditors					219,858		205,759
	Taxation and social security costs					89,949		46,308
	Other creditors					231,025		149,397
						540,832		401,464


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Other creditors					170,000		220,000


8	Other financial commitments					2026		2025
£							£

	Total future minimum payments under non-cancellable operating leases					10,856		22,698


9	Controlling party

	The company is under the control of Mr J. Sanghvi who holds 26% of the share capital and by virtue of other family members who together hold 100% share capital.


10	Other information

	V.N.R.S. Limited is a private company limited by shares and incorporated in England. Its registered office is:
	12 Courthouse Gardens
	Finchley
	London
	N3 1PX