V & L BUILDERS LTD

Company Registration Number:
12025395 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2022

Period of accounts

Start date: 01 June 2021

End date: 31 May 2022

V & L BUILDERS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2022

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

V & L BUILDERS LTD

Company Information

for the Period Ended 31 May 2022




Director: Laima Verescinskiene
Registered office: 37
Fleeming Road
Walthamstow
London
England
E17 5ET
Company Registration Number: 12025395 (England and Wales)

V & L BUILDERS LTD

Balance sheet

As at 31 May 2022


Notes

2022
£

2021
£
Fixed assets
Tangible assets: 4 1,205 1,320
Total fixed assets: 1,205 1,320
Current assets
Stocks: 24,218 10,670
Debtors: 5 51,722 45,166
Cash at bank and in hand: 16,857 51,004
Total current assets: 92,797 106,840
Creditors: amounts falling due within one year: 6 ( 44,913 ) ( 56,709 )
Net current assets (liabilities): 47,884 50,131
Total assets less current liabilities: 49,089 51,451
Creditors: amounts falling due after more than one year: 7 ( 48,501 ) ( 50,000 )
Total net assets (liabilities): 588 1,451

The notes form part of these financial statements

V & L BUILDERS LTD

Balance sheet continued

As at 31 May 2022


Notes

2022
£

2021
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 488 1,351
Shareholders funds: 588 1,451

For the year ending 31 May 2022 the company was entitled to exemption 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.

This report was approved by the board of directors on 7 September 2022
And Signed On Behalf Of The Board By:

Name: Laima Verescinskiene
Status: Director

The notes form part of these financial statements

V & L BUILDERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

V & L BUILDERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

  • 2. Employees


    2022

    2021
    Average number of employees during the period 2 2

V & L BUILDERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

  • 3. Off balance sheet disclosure

    No

V & L BUILDERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

4. Tangible assets

Plant & machinery Office equipment Total
Cost £ £ £
At 01 June 2021 1,388 1,081 2,469
Additions 500 124 624
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 May 2022 1,888 1,205 3,093
Depreciation
At 01 June 2021 1,060 89 1,149
Charge for year 329 410 739
On disposals - - -
Other adjustments - - -
At 31 May 2022 1,389 499 1,888
Net book value
At 31 May 2022 499 706 1,205
At 31 May 2021 328 992 1,320

V & L BUILDERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

5. Debtors


2022
£

2021
£
Trade debtors 41,826 32,500
Prepayments and accrued income 11 3,492
Other debtors 9,885 9,174
Total 51,722 45,166

V & L BUILDERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

6.Creditors: amounts falling due within one year note


2022
£

2021
£
Trade creditors 1,249 3,353
Taxation and social security 43,664 53,356
Total 44,913 56,709

V & L BUILDERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

7.Creditors: amounts falling due after more than one year


2022
£

2021
£
Bank loans and overdrafts 48,501 50,000
Total 48,501 50,000