Vansh Software Solutions Ltd

Vansh Software Solutions Ltd

VANSH SOFTWARE SOLUTIONS LTD - Company Information

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1 October 2018 false Taxfiler 2020.8.1 07780865business:PrivateLimitedCompanyLtd2018-10-012019-09-30 077808652018-09-30 077808652018-10-012019-09-30 07780865business:AuditExemptWithAccountantsReport2018-10-012019-09-30 07780865business:FullAccounts2018-10-012019-09-30 077808652019-09-30 07780865business:Director12018-10-012019-09-30 07780865business:Director22018-10-012019-09-30 07780865business:RegisteredOffice2018-10-012019-09-30 077808652018-09-30 07780865core:WithinOneYear2019-09-30 07780865core:WithinOneYear2018-09-30 07780865core:AfterOneYear2019-09-30 07780865core:AfterOneYear2018-09-30 07780865core:ShareCapital2019-09-30 07780865core:ShareCapital2018-09-30 07780865core:RetainedEarningsAccumulatedLosses2019-09-30 07780865core:RetainedEarningsAccumulatedLosses2018-09-30 07780865business:SmallEntities2018-10-012019-09-30 07780865countries:EnglandWales2018-10-012019-09-30 07780865core:FurnitureFittings2018-10-012019-09-30 07780865core:FurnitureFittings2018-09-30 07780865core:FurnitureFittings2019-09-30 077808652017-10-012018-09-30 iso4217:GBP xbrli:pure
Company Registration No. 07780865 (England and Wales)
Vansh Software Solutions Ltd Unaudited accounts for the year ended 30 September 2019
Vansh Software Solutions Ltd Unaudited accounts Contents
Page
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Vansh Software Solutions Ltd Company Information for the year ended 30 September 2019
Directors
Saurabh Malhotra Sakshi Malhotra
Company Number
07780865 (England and Wales)
Registered Office
31 ETHELBERT GARDENS ILFORD IG2 6UN ENGLAND
Accountants
Asmita & Associates Ltd 114-116 Plumstead High Street Plumstead London SE18 1SJ
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Vansh Software Solutions Ltd Statement of financial position as at 30 September 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
234 
293 
Current assets
Debtors
5
80,940 
- 
Cash at bank and in hand
5,952 
32,054 
86,892 
32,054 
Creditors: amounts falling due within one year
6
(12,998)
4,392 
Net current assets
73,894 
36,446 
Total assets less current liabilities
74,128 
36,739 
Creditors: amounts falling due after more than one year
7
(12,394)
(23,489)
Provisions for liabilities
Deferred tax
(44)
- 
Net assets
61,690 
13,250 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
61,689 
13,249 
Shareholders' funds
61,690 
13,250 
For the year ending 30 September 2019 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 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 of Directors and authorised for issue on 30 June 2020 and were signed on its behalf by
Saurabh Malhotra Director Company Registration No. 07780865
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Vansh Software Solutions Ltd Notes to the Accounts for the year ended 30 September 2019
1
Statutory information
Vansh Software Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 07780865. The registered office is 31 ETHELBERT GARDENS, ILFORD, IG2 6UN, ENGLAND.
2
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.
3
Accounting policies
These financial statements for the year ended 30 September 2019 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2017. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 October 2018
1,117 
At 30 September 2019
1,117 
Depreciation
At 1 October 2018
824 
Charge for the year
59 
At 30 September 2019
883 
Net book value
At 30 September 2019
234 
At 30 September 2018
293 
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Vansh Software Solutions Ltd Notes to the Accounts for the year ended 30 September 2019
5
Debtors
2019 
2018 
£ 
£ 
Other debtors
80,940 
- 
6
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Taxes and social security
10,080 
- 
Other creditors
2,318 
- 
Loans from directors
- 
(4,392)
Accruals
600 
- 
12,998 
(4,392)
7
Creditors: amounts falling due after more than one year
2019 
2018 
£ 
£ 
Other creditors
- 
2,318 
Taxes and social security
12,394 
21,171 
12,394 
23,489 
8
Transactions with related parties
The Directors, Mr Saurabh Malhotra and Mrs Sakshi Malhotra are paid a salary of £29000 and Dividend of £2000
9
Average number of employees
During the year the average number of employees was 2 (2018: 1).
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