Company Registration No. 13082533 (England and Wales)
VAMS GROUP LTD
Unaudited accounts
for the period from 15 December 2020 to 31 March 2022
VAMS GROUP LTD
Unaudited accounts
Contents
VAMS GROUP LTD
Company Information
for the period from 15 December 2020 to 31 March 2022
Company Number
13082533 (England and Wales)
Registered Office
43 SUTTON ROAD
WATFORD
WD17 2QE
ENGLAND
Accountants
Genius Accountancy Ltd
27 Old Gloucester Street
London
WC1N 3AX
VAMS GROUP LTD
Statement of financial position
as at 31 March 2022
Cash at bank and in hand
17,293
Creditors: amounts falling due within one year
(30,382)
Net current liabilities
(13,089)
Called up share capital
100
Profit and loss account
2,478
For the period ending 31 March 2022 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 director acknowledges her 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 and authorised for issue on 13 September 2022 and were signed on its behalf by
Monica MATEESCU
Director
Company Registration No. 13082533
VAMS GROUP LTD
Notes to the Accounts
for the period from 15 December 2020 to 31 March 2022
VAMS GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 13082533. The registered office is 43 SUTTON ROAD, WATFORD, WD17 2QE, 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.
These financial statements for the period from 15 December 2020 to 31 March 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 15 December 2020.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Charge for the period
1,000
Goodwill as amortized at 10% for accounting purpose and 6.5% for tax purpose per annum.
VAMS GROUP LTD
Notes to the Accounts
for the period from 15 December 2020 to 31 March 2022
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 31 March 2022
1
10,000
10,001
Charge for the period
-
3,333
3,333
At 31 March 2022
-
3,333
3,333
At 31 March 2022
1
6,667
6,668
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Creditors: amounts falling due within one year
2022
Taxes and social security
2,123
Loans from directors
14,137
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Average number of employees
During the period the average number of employees was 4.