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Company Registration No. 08320509 (England and Wales)
VONVIL JUNK LTD Unaudited accounts for the year ended 31 December 2022
VONVIL JUNK LTD Unaudited accounts Contents
Page
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VONVIL JUNK LTD Company Information for the year ended 31 December 2022
Director
Mr.Gayan Duminda Dahanayake
Company Number
08320509 (England and Wales)
Registered Office
UNIT 16 INTERNATIONAL HOUSE CRAY AVENUE ORPINGTON BR5 3RS ENGLAND
Accountants
Philip Nolan Accountants Unit 16, International House Cray Avenue Orpington BR5 3RS
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VONVIL JUNK LTD Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
4,500 
5,400 
Tangible assets
11,838 
14,369 
16,338 
19,769 
Current assets
Debtors
19,287 
18,675 
Cash at bank and in hand
6,685 
2,500 
25,972 
21,175 
Creditors: amounts falling due within one year
(27,618)
(19,466)
Net current (liabilities)/assets
(1,646)
1,709 
Total assets less current liabilities
14,692 
21,478 
Creditors: amounts falling due after more than one year
(37,000)
(39,867)
Net liabilities
(22,308)
(18,389)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(22,408)
(18,489)
Shareholders' funds
(22,308)
(18,389)
For the year ending 31 December 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 his 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 29 September 2023 and were signed on its behalf by
Mr.Gayan Duminda Dahanayake Director Company Registration No. 08320509
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VONVIL JUNK LTD Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
VONVIL JUNK LTD is a private company, limited by shares, registered in England and Wales, registration number 08320509. The registered office is UNIT 16 INTERNATIONAL HOUSE, CRAY AVENUE, ORPINGTON, BR5 3RS, 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost.Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,over the useful economic life of that asset as follows: Fixtures & Fittings-15% (Reducing balance method) Motor Vehicles-20% (Reducing balance method) Equipment-15% (Reducing balance method)
Amortization
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value,over the useful economic life of that asset as follows: Web site - 15 years on straight line basis
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VONVIL JUNK LTD Notes to the Accounts for the year ended 31 December 2022
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2022
13,500 
At 31 December 2022
13,500 
Amortisation
At 1 January 2022
8,100 
Charge for the year
900 
At 31 December 2022
9,000 
Net book value
At 31 December 2022
4,500 
At 31 December 2021
5,400 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2022
18,191 
41,180 
3,000 
62,371 
At 31 December 2022
18,191 
41,180 
3,000 
62,371 
Depreciation
At 1 January 2022
12,312 
33,676 
2,014 
48,002 
Charge for the year
882 
1,501 
148 
2,531 
At 31 December 2022
13,194 
35,177 
2,162 
50,533 
Net book value
At 31 December 2022
4,997 
6,003 
838 
11,838 
At 31 December 2021
5,879 
7,504 
986 
14,369 
6
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
18,135 
17,523 
Accrued income and prepayments
1,152 
1,152 
19,287 
18,675 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
8,103 
6,521 
Taxes and social security
6,128 
4,392 
Other creditors
- 
450 
Loans from directors
13,387 
8,103 
27,618 
19,466 
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VONVIL JUNK LTD Notes to the Accounts for the year ended 31 December 2022
8
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
37,000 
39,867 
The £ 37,000 amount in the bank loans represent the bounce back loan.
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).
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