Vethan Solutions Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07516864 (England and Wales)

Financial Statements for the Year Ended 31 March 2020

for

Vethan Solutions Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Mr L Janardhana Gupta

Mrs R LakshminarayanaGupta

REGISTERED OFFICE:

22 Primrose Glen

Hornchurch

Essex

RM11 2NP

REGISTERED NUMBER:

07516864 (England and Wales)

ACCOUNTANTS:

BBK Partnership

Chartered Accountants

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

CURRENT ASSETS

Cash at bank

137,852

95,608

CREDITORS

Amounts falling due within one year

4

69,366

29,082

NET CURRENT ASSETS

68,486

66,526

TOTAL ASSETS LESS CURRENT LIABILITIES

68,486

66,526

CAPITAL AND RESERVES

Called up share capital

5

10

10

Retained earnings

6

68,476

66,516

SHAREHOLDERS' FUNDS

68,486

66,526

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2020 and were signed on its behalf by:

Mr L Janardhana Gupta - Director

1.	STATUTORY INFORMATION

Vethan Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Tax

15,318

16,229

VAT

7,190

8,896

Wages and salaries control

-

1,906

Directors' current accounts

46,858

2,051

69,366

29,082

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.20

31.3.19

value:

£

£

10

Ordinary

£1

10

10

6.

RESERVES

Retained

earnings

£

At 1 April 2019

66,516

Profit for the year

65,960

Dividends

(64,000

)

At 31 March 2020

68,476