Velji Bhovan & Sons (trading) Limited in Middlesex, HA0 1UR

Description

Data updated on: 01-11-2023

Registered as 04598252 22 years ago, Velji Bhovan & Sons (trading) Limited is a Private Limited Company. The company's actual mailing address is Vb House, Woodside End Alperton, Wembley Middlesex. This business's SIC code is 47190 which means Other retail sale in non-specialised stores. 2022-07-31 is the last time when company accounts were filed.

Considering this specific enterprise's number of employees, it was vital to formally appoint additional executives, including: Paren N., Kiran N., Chandulal N. who have been working together since January 2024 to exercise independent judgement of this specific company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-07-31	2021-07-31	2022-07-31	2023-07-31
Currency

Balance Sheet
Cash Bank On Hand	8 528 011	9 240 237	7 973 904	5 494 251
Current Assets	16 891 246	17 687 665	18 361 763	16 488 937
Debtors	1 342 394	1 124 759	1 136 851	1 407 249
Net Assets Liabilities	20 582 665	21 247 464	18 894 315	20 538 331
Other Debtors	103 797	39 320	72 482	100 761
Property Plant Equipment	10 647 464	10 560 938	10 499 708	10 574 788
Total Inventories	7 020 841	7 322 669	9 251 008

Other Financial Data
Audit Fees Expenses	29 250	31 850	30 850	30 850
Other Non-audit Services Fees	714
Accrued Liabilities Deferred Income	104 594	78 511	68 239	73 874
Accumulated Depreciation Impairment Property Plant Equipment	2 559 705	2 763 737	2 932 303	2 443 105
Additions Other Than Through Business Combinations Property Plant Equipment		135 506	169 336	398 987
Administrative Expenses	2 332 331	2 012 733	2 653 701	2 819 454
Amounts Owed To Group Undertakings	1 000	1 000	1 000	1 000
Average Number Employees During Period	169	178	177	172
Bank Borrowings	1 265 000	1 100 000	935 000	770 000
Bank Borrowings Overdrafts	1 100 000	935 000	770 000	605 000
Cash Cash Equivalents Cash Flow Value	8 528 011	9 240 237	7 973 904	5 494 251
Corporation Tax Payable	472 602	360 830	353 699	235 077
Cost Sales	30 274 994	27 458 463	29 549 445	35 111 975
Creditors	1 100 000	935 000	770 000	605 000
Current Tax For Period	798 185	761 229	734 381	602 228
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	5 563	9 953	10 190	72 693
Depreciation Expense Property Plant Equipment	218 433	221 712	227 721
Depreciation Impairment Expense Property Plant Equipment	218 433	221 712	227 721	273 386
Distribution Costs	3 812 573	3 977 882	3 989 774	4 248 065
Dividends Paid	2 500 000	2 500 000	5 500 000	625 000
Dividends Paid Classified As Financing Activities	-2 500 000	-2 500 000	-1 445 000	-625 000
Dividends Paid On Shares Interim	2 500 000	2 500 000	5 500 000	625 000
Finished Goods Goods For Resale	7 020 841	7 322 669	9 251 008	9 587 437
Fixed Assets	10 656 064	10 569 538	10 508 308	10 583 388
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	946 755	165 000	165 000	165 000
Further Item Tax Increase Decrease Component Adjusting Items	-16 730	-28 714	43 267	-84 150
Future Minimum Lease Payments Under Non-cancellable Operating Leases	183 333	866 250	701 250	536 250
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-11 759	3 074	30 077	42 599
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	1 148 300	-311 913	927 042	3 230 833
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-110 087	-217 635	12 092	270 398
Gain Loss In Cash Flows From Change In Inventories	-679 058	301 828	1 928 339	336 429
Gain Loss On Disposals Property Plant Equipment		30	-2 845
Government Grant Income	39 270	7 725	1 656
Gross Profit Loss	10 092 685	9 850 470	10 460 002
Income Taxes Paid Refund Classified As Operating Activities	-632 547	-873 001	-741 512	-720 850
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			1 266 333	2 479 653
Increase From Depreciation Charge For Year Property Plant Equipment		221 712	227 721	273 386
Interest Income On Bank Deposits	49 446	16 565	22 872	114 621
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	49 446	16 565	22 872	114 621
Interest Paid Classified As Operating Activities			-15 033	-37 634
Interest Payable Similar Charges Finance Costs	32 663	12 964	15 033	37 634
Interest Received Classified As Investing Activities	-49 446	-16 565	-22 872	-114 621
Investments	7 500	8 600	8 600	8 600
Investments Fixed Assets	8 600	8 600	8 600	8 600
Investments In Subsidiaries	1 100	1 100	1 100	1 100
Net Assets Liabilities Subsidiaries				1 000
Net Cash Flows From Used In Operating Activities	-3 247 512	-3 495 817	-490 131
Net Cash Generated From Operations	-3 912 722	-4 381 782	-1 246 676	646 803
Net Current Assets Liabilities	11 072 622	11 668 900	9 222 171	10 698 800
Net Finance Income Costs	49 446	16 565	22 872	114 621
Net Interest Paid Received Classified As Operating Activities	-32 663	-12 964	-15 033
Operating Profit Loss	4 053 444	3 932 380	3 883 583
Other Creditors	2 703 442	2 807 509	5 352 406	1 868 212
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		17 680	59 155	762 584
Other Disposals Property Plant Equipment		18 000	62 000	813 105
Other Interest Expense	32 663	12 964	15 033	37 634
Other Interest Receivable Similar Income Finance Income	49 446	16 565	22 872	114 621
Other Operating Income Format1	105 663	72 525	67 056	67 700
Other Taxation Social Security Payable	101 038	86 384	263 814	156 249
Pension Other Post-employment Benefit Costs Other Pension Costs	69 895	71 150	71 594	73 262
Percentage Class Share Held In Subsidiary		100	100
Prepayments Accrued Income	109 217	229 630	266 497	326 312
Proceeds From Sales Property Plant Equipment		-350
Profit Loss	3 266 479	3 164 799	3 146 851	2 269 016
Profit Loss On Ordinary Activities Before Tax	4 070 227	3 935 981	3 891 422	2 943 937
Property Plant Equipment Gross Cost	13 207 169	13 324 675	13 432 011	13 017 893
Purchase Property Plant Equipment	-68 925	-135 506	-169 336	-398 987
Social Security Costs	318 226	334 183	417 378
Staff Costs Employee Benefits Expense	4 211 826	4 317 091	4 797 926	4 630 527
Taxation Including Deferred Taxation Balance Sheet Subtotal	46 021	55 974	66 164	138 857
Tax Expense Credit Applicable Tax Rate	773 343	747 836	739 370	618 389
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	50		1 602
Tax Tax Credit On Profit Or Loss On Ordinary Activities	803 748	771 182	744 571	674 921
Total Assets Less Current Liabilities	21 728 686	22 238 438	19 730 479	21 282 188
Total Borrowings	1 100 000	935 000	770 000	605 000
Total Operating Lease Payments	201 648	204 963	220 549
Trade Creditors Trade Payables	2 270 948	2 519 531	2 935 434	3 290 725
Trade Debtors Trade Receivables	1 129 380	855 809	797 872	980 176
Transfers To From Retained Earnings Increase Decrease In Equity	-11 382	-11 382	-11 382	-11 382
Turnover Revenue	40 367 679	37 308 933	40 009 447
Wages Salaries	3 823 705	3 911 758	4 308 954	4 170 241
Director Remuneration	51 263	51 540	420 326	48 197

Resigned: 25 September 2023

Latest update: 21 March 2024

Company Directors Limited

Role: Corporate Nominee Director

Appointed: 22 November 2002

Resigned: 22 November 2002

Address: London, NW11 7TJ

Latest update: 21 March 2024

Chunilal N.

Role: Director

Appointed: 22 November 2002

Resigned: 25 September 2023

Latest update: 21 March 2024

Temple Secretaries Limited

Role: Corporate Nominee Secretary

Appointed: 22 November 2002

Resigned: 22 November 2002

Address: London, NW11 7TJ

Latest update: 21 March 2024

Accounts Documents

Account next due date	30 April 2024
Account last made up date	31 July 2022
Confirmation statement next due date	06 December 2023
Confirmation statement last made up date	22 November 2022

Annual Accounts
Start Date For Period Covered By Report	2020-08-01
End Date For Period Covered By Report	2021-07-31
Annual Accounts
Start Date For Period Covered By Report	2021-08-01
End Date For Period Covered By Report	2022-07-31
Annual Accounts
Start Date For Period Covered By Report	2022-08-01
End Date For Period Covered By Report	2023-07-31

Velji Bhovan & Sons (trading) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Paren N.

Kiran N.

Chandulal N.

Mahendra N.

Manharlal N.

Natwarlal N.

Chunilal N.

Company Directors Limited

Chunilal N.

Temple Secretaries Limited

Accounts Documents

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