Vansh Software Solutions Ltd

Vansh Software Solutions Ltd

VANSH SOFTWARE SOLUTIONS LTD - Company Information

Print Friendly Version

1 October 2020 false Taxfiler 2022.6 07780865business:PrivateLimitedCompanyLtd2020-10-012021-09-30 077808652020-09-30 077808652020-10-012021-09-30 07780865business:AuditExemptWithAccountantsReport2020-10-012021-09-30 07780865business:FullAccounts2020-10-012021-09-30 077808652021-09-30 07780865business:Director12020-10-012021-09-30 07780865business:Director22020-10-012021-09-30 07780865business:RegisteredOffice2020-10-012021-09-30 077808652020-09-30 07780865core:WithinOneYear2021-09-30 07780865core:WithinOneYear2020-09-30 07780865core:ShareCapital2021-09-30 07780865core:ShareCapital2020-09-30 07780865core:RetainedEarningsAccumulatedLosses2021-09-30 07780865core:RetainedEarningsAccumulatedLosses2020-09-30 07780865business:SmallEntities2020-10-012021-09-30 07780865countries:EnglandWales2020-10-012021-09-30 07780865core:FurnitureFittings2020-10-012021-09-30 07780865core:FurnitureFittings2020-09-30 07780865core:FurnitureFittings2021-09-30 077808652019-10-012020-09-30 iso4217:GBP xbrli:pure
Company Registration No. 07780865 (England and Wales)
Vansh Software Solutions Ltd Unaudited accounts for the year ended 30 September 2021
Vansh Software Solutions Ltd Unaudited accounts Contents
Page
- 2 -
Vansh Software Solutions Ltd Company Information for the year ended 30 September 2021
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
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Vansh Software Solutions Ltd for the year ended 30 September 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Vansh Software Solutions Ltd for the year ended 30 September 2021 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Vansh Software Solutions Ltd, as a body, in accordance with the terms of our engagement letter dated 30 June 2020. Our work has been undertaken solely to prepare for your approval the accounts of Vansh Software Solutions Ltd and state those matters that we have agreed to state to the Board of Directors of Vansh Software Solutions Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Vansh Software Solutions Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Vansh Software Solutions Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Vansh Software Solutions Ltd. You consider that Vansh Software Solutions Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Vansh Software Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Asmita & Associates Ltd Chartered Accountants 114-116 Plumstead High Street Plumstead London SE18 1SJ 30 June 2022
- 4 -
Vansh Software Solutions Ltd Statement of financial position as at 30 September 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
150 
187 
Current assets
Debtors
5
8,368 
28,417 
Cash at bank and in hand
69,337 
6,420 
77,705 
34,837 
Creditors: amounts falling due within one year
6
(23,540)
(10,171)
Net current assets
54,165 
24,666 
Net assets
54,315 
24,853 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
54,314 
24,852 
Shareholders' funds
54,315 
24,853 
For the year ending 30 September 2021 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 2022 and were signed on its behalf by
Saurabh Malhotra Director Company Registration No. 07780865
- 5 -
Vansh Software Solutions Ltd Notes to the Accounts for the year ended 30 September 2021
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
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.
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 2020
1,117 
At 30 September 2021
1,117 
Depreciation
At 1 October 2020
930 
Charge for the year
37 
At 30 September 2021
967 
Net book value
At 30 September 2021
150 
At 30 September 2020
187 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other debtors
8,368 
28,417 
- 6 -
Vansh Software Solutions Ltd Notes to the Accounts for the year ended 30 September 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Taxes and social security
22,941 
608 
Other creditors
(1)
8,363 
Accruals
600 
1,200 
23,540 
10,171 
7
Transactions with related parties
The Directors, Mr. Saurabh Malhotra and Mrs. Sakshi Malhotra were paid a salary of £27,167.00 and a Dividend of £15,000.00 in the reporting year.
8
Average number of employees
During the year the average number of employees was 2 (2020: 2).
- 7 -