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
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
VONVIL JUNK LTD
Statement of financial position
as at 31 December 2022
Intangible assets
4,500
5,400
Tangible assets
11,838
14,369
Cash at bank and in hand
6,685
2,500
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)
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
VONVIL JUNK LTD
Notes to the Accounts
for the year ended 31 December 2022
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.
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.
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.
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 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)
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
VONVIL JUNK LTD
Notes to the Accounts
for the year ended 31 December 2022
4
Intangible fixed assets
Goodwill
At 31 December 2022
13,500
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
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
At 31 December 2022
4,997
6,003
838
11,838
At 31 December 2021
5,879
7,504
986
14,369
Amounts falling due within one year
Trade debtors
18,135
17,523
Accrued income and prepayments
1,152
1,152
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
8,103
6,521
Taxes and social security
6,128
4,392
Loans from directors
13,387
8,103
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
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).