VCS MANAGEMENT LIMITED

Registered Number
08865237
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

Company Information
for the year from 1 April 2022 to 31 March 2023


Directors	CORLEY-SMITH, V R
	MILLER, D A


Registered Address	7 Bell Yard
	London
	WC2A 2JR


Registered Number	08865237 (England and Wales)

VCS MANAGEMENT LIMITED

Balance Sheet as at
31 March 2023

	Notes	2023		2022
		£	£	£	£
Current assets
Debtors	5	-		1,171
Cash at bank and on hand		23,428		21,576
		23,428		22,747
Creditors amounts falling due within one year	6	(13,483)		(18,136)
Net current assets (liabilities)			9,945		4,611
Total assets less current liabilities			9,945		4,611
Net assets			9,945		4,611
Capital and reserves
Called up share capital			20		20
Profit and loss account			9,925		4,591
Shareholders' funds			9,945		4,611

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Board of Directors on 4 October 2023, and are signed on its behalf by:

CORLEY-SMITH, V R
Director
Registered Company No. 08865237

VCS MANAGEMENT LIMITED

Notes to the Financial Statements
for the year ended 31 March 2023

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Accounting policies

	Revenue recognition policy
	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.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

4.	Employee information


		2023		2022
	Average number of employees during the year	1		1

5.	Debtors

	2023	2022
	£	£
Prepayments and accrued income	-	1,171
Total	-	1,171


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

6.	Creditors within one year

	2023	2022
	£	£
Taxation and social security	2,937	2,591
Other creditors	10,126	15,126
Accrued liabilities and deferred income	420	419
Total	13,483	18,136


	Short term creditors are measured at transaction price (which is usually the invoice price).