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REGISTERED NUMBER: 06811107 (England and Wales)


















VEIOVIS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2018






VEIOVIS LIMITED (REGISTERED NUMBER: 06811107)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018










Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 6


VEIOVIS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2018







DIRECTORS: Dr M Bryant
Mrs D P Caine-Bryant





SECRETARY: Mrs D P Caine-Bryant





REGISTERED OFFICE: 13A Westmorland Terrace
Holmes Chapel
Crewe
Cheshire
CW4 7EE





REGISTERED NUMBER: 06811107 (England and Wales)





ACCOUNTANTS: Gerald Thomas
Chartered Accountants
3 New Mill Court
Swansea Enterprise Park
Swansea
SA7 9FG

VEIOVIS LIMITED (REGISTERED NUMBER: 06811107)

STATEMENT OF FINANCIAL POSITION
28 FEBRUARY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,194 260

CURRENT ASSETS
Debtors 5 20,211 15,734
Cash at bank 36,719 41,940
56,930 57,674
CREDITORS
Amounts falling due within one year 6 29,634 38,925
NET CURRENT ASSETS 27,296 18,749
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,490

19,009

PROVISIONS FOR LIABILITIES 227 52
NET ASSETS 28,263 18,957

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 27,263 17,957
SHAREHOLDERS' FUNDS 28,263 18,957

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

VEIOVIS LIMITED (REGISTERED NUMBER: 06811107)

STATEMENT OF FINANCIAL POSITION - continued
28 FEBRUARY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 9 November 2018 and were signed on
its behalf by:





Dr M Bryant - Director


VEIOVIS LIMITED (REGISTERED NUMBER: 06811107)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018


1. STATUTORY INFORMATION

Veiovis 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.

The presentation currency of the financial statements is the Pound Sterling (£).


Monetary amounts in these financial statements are rounded to nearest £.

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:

Computer equipment - 25% on cost

Financial instruments
Basic financial assets which include trade and other debtors and cash and bank balances, are initially
measured at transaction price unless the arrangement constitutes a financing transaction, where the
transaction is measured at the present value of the future receipts discounted at a market rate of
interest.

Basic financial liabilities, including trade, other creditors and loans, are initially recognised at
transaction price unless the arrangement constitutes a financing transaction, where the debt
instrument is measured at the present value of the future receipts discounted at a market rate of
interest.

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 statement of financial position date.


VEIOVIS LIMITED (REGISTERED NUMBER: 06811107)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018


2. ACCOUNTING POLICIES - continued
Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the statement of financial position 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 2 (2017 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2017 1,245
Additions 1,193
At 28 February 2018 2,438
DEPRECIATION
At 1 March 2017 985
Charge for year 259
At 28 February 2018 1,244
NET BOOK VALUE
At 28 February 2018 1,194
At 28 February 2017 260

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 20,211 15,734

VEIOVIS LIMITED (REGISTERED NUMBER: 06811107)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 20,732 18,741
Other creditors 8,902 20,184
29,634 38,925

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors falling due within one year is a directors' loan account balance of £5,086
(2017 - £16,368) which is interest free and repayable on demand.