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REGISTERED NUMBER: 06687347 (England and Wales)















VIEZU TECHNOLOGIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2018






VIEZU TECHNOLOGIES LIMITED (REGISTERED NUMBER: 06687347)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VIEZU TECHNOLOGIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2018







DIRECTORS: P J Busby
Mrs L M Busby
S J White





SECRETARY: P J Busby





REGISTERED OFFICE: 31 Bidavon Industrial Estate
Waterloo Road
Bidford on Avon
Nr. Alcester
Warwickshire
B50 4JN





REGISTERED NUMBER: 06687347 (England and Wales)





ACCOUNTANTS: Murphy Salisbury Limited
Chartered Accountants
15 Warwick Road
Stratford upon Avon
Warwickshire
CV37 6YW

VIEZU TECHNOLOGIES LIMITED (REGISTERED NUMBER: 06687347)

BALANCE SHEET
30 SEPTEMBER 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 98,694 61,573

CURRENT ASSETS
Stocks 64,219 5,690
Debtors 5 138,180 196,952
Cash at bank and in hand 96,035 204,055
298,434 406,697
CREDITORS
Amounts falling due within one year 6 168,997 177,101
NET CURRENT ASSETS 129,437 229,596
TOTAL ASSETS LESS CURRENT
LIABILITIES

228,131

291,169

CREDITORS
Amounts falling due after more than one
year

7

(39,758

)

-

PROVISIONS FOR LIABILITIES - (4,728 )
NET ASSETS 188,373 286,441

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 187,373 285,441
188,373 286,441

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 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.

VIEZU TECHNOLOGIES LIMITED (REGISTERED NUMBER: 06687347)

BALANCE SHEET - continued
30 SEPTEMBER 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 2 November 2018 and were signed on its behalf
by:





Mrs L M Busby - Director


VIEZU TECHNOLOGIES LIMITED (REGISTERED NUMBER: 06687347)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018

1. STATUTORY INFORMATION

Viezu Technologies Limited 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 25% straight line basis
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% straight line basis
Computer equipment - 25% straight line basis

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

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.

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 16 (2017 - 14 ) .

VIEZU TECHNOLOGIES LIMITED (REGISTERED NUMBER: 06687347)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2018

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 October 2017 36,197 81,738 8,777
Additions 14,500 5,744 -
At 30 September 2018 50,697 87,482 8,777
DEPRECIATION
At 1 October 2017 15,886 61,479 5,223
Charge for year 9,352 6,545 2,194
At 30 September 2018 25,238 68,024 7,417
NET BOOK VALUE
At 30 September 2018 25,459 19,458 1,360
At 30 September 2017 20,311 20,259 3,554

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2017 - 56,922 183,634
Additions 45,104 2,675 68,023
At 30 September 2018 45,104 59,597 251,657
DEPRECIATION
At 1 October 2017 - 39,473 122,061
Charge for year 4,739 8,072 30,902
At 30 September 2018 4,739 47,545 152,963
NET BOOK VALUE
At 30 September 2018 40,365 12,052 98,694
At 30 September 2017 - 17,449 61,573

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 37,499 30,900
Other debtors 100,681 166,052
138,180 196,952

VIEZU TECHNOLOGIES LIMITED (REGISTERED NUMBER: 06687347)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Hire purchase contracts 13,898 -
Trade creditors 103,747 84,510
Taxation and social security 37,803 41,403
Other creditors 13,549 51,188
168,997 177,101

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Hire purchase contracts 39,758 -

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2018 and
30 September 2017:

2018 2017
£    £   
P J Busby
Balance outstanding at start of year 33,106 (4,420 )
Amounts advanced 19,532 37,526
Amounts repaid (47,614 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,024 33,106

Mrs L M Busby
Balance outstanding at start of year 36,106 (1,420 )
Amounts advanced 14,332 37,526
Amounts repaid (50,594 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (156 ) 36,106

S J White
Balance outstanding at start of year 29,396 (38 )
Amounts advanced 11,336 29,434
Amounts repaid (47,309 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (6,577 ) 29,396