15 December 2020 false No description of principal activity Taxfiler 2022.8.3 13082533business:PrivateLimitedCompanyLtd2020-12-152022-03-31 130825332020-12-14 130825332020-12-152022-03-31 13082533business:AuditExemptWithAccountantsReport2020-12-152022-03-31 13082533business:FullAccounts2020-12-152022-03-31 130825332022-03-31 13082533business:Director12020-12-152022-03-31 13082533business:RegisteredOffice2020-12-152022-03-31 13082533core:WithinOneYear2022-03-31 13082533core:ShareCapital2022-03-31 13082533core:RetainedEarningsAccumulatedLosses2022-03-31 13082533business:SmallEntities2020-12-152022-03-31 13082533countries:EnglandWales2020-12-152022-03-31 13082533core:FurnitureFittings2020-12-152022-03-31 13082533core:Goodwill2020-12-14 13082533core:Goodwill2020-12-152022-03-31 13082533core:Goodwill2022-03-31 13082533core:LandBuildings2020-12-14 13082533core:FurnitureFittings2020-12-14 13082533core:LandBuildings2020-12-152022-03-31 13082533core:LandBuildings2022-03-31 13082533core:FurnitureFittings2022-03-31 iso4217:GBP xbrli:pure
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
Page
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VAMS GROUP LTD Company Information for the period from 15 December 2020 to 31 March 2022
Director
Monica MATEESCU
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
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VAMS GROUP LTD Statement of financial position as at 31 March 2022
2022 
Notes
£ 
Fixed assets
Intangible assets
8,999 
Tangible assets
6,668 
15,667 
Current assets
Cash at bank and in hand
17,293 
Creditors: amounts falling due within one year
(30,382)
Net current liabilities
(13,089)
Net assets
2,578 
Capital and reserves
Called up share capital
100 
Profit and loss account
2,478 
Shareholders' funds
2,578 
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
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VAMS GROUP LTD Notes to the Accounts for the period from 15 December 2020 to 31 March 2022
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
10%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 15 December 2020
- 
Additions
9,999 
At 31 March 2022
9,999 
Amortisation
At 15 December 2020
- 
Charge for the period
1,000 
At 31 March 2022
1,000 
Net book value
At 31 March 2022
8,999 
Goodwill as amortized at 10% for accounting purpose and 6.5% for tax purpose per annum.
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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 15 December 2020
- 
- 
- 
Additions
1 
10,000 
10,001 
At 31 March 2022
1 
10,000 
10,001 
Depreciation
Charge for the period
- 
3,333 
3,333 
At 31 March 2022
- 
3,333 
3,333 
Net book value
At 31 March 2022
1 
6,667 
6,668 
6
Creditors: amounts falling due within one year
2022 
£ 
VAT
2,849 
Taxes and social security
2,123 
Other creditors
2,741 
Loans from directors
14,137 
Accruals
8,532 
30,382 
7
Average number of employees
During the period the average number of employees was 4.
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