Company Registration No. 10590332 (England and Wales)
VFOUR LONDON LTD.
Unaudited accounts
for the year ended 31 January 2023
VFOUR LONDON LTD.
Unaudited accounts
Contents
VFOUR LONDON LTD.
Company Information
for the year ended 31 January 2023
Director
ABIODUN, Benjamin Romiluyi
Company Number
10590332 (England and Wales)
Registered Office
1 THE SPIRES
THE SPIRES
ROCHESTER
Kent
ME2 2PY
UNITED KINGDOM
Accountants
Ease Accounting Associates UK Limited
Chartered Accountants
22, BRENT WAY
DARTFORD
Kent
DA2 6DA
VFOUR LONDON LTD.
Statement of financial position
as at 31 January 2023
Cash at bank and in hand
81
62
Creditors: amounts falling due within one year
(2,333)
(575)
Net current (liabilities)/assets
(250)
1,489
Total assets less current liabilities
(250)
1,489
Creditors: amounts falling due after more than one year
(6,814)
(6,814)
Net liabilities
(7,064)
(5,325)
Called up share capital
100
100
Profit and loss account
(7,164)
(5,425)
Shareholders' funds
(7,064)
(5,325)
For the year ending 31 January 2023 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 4 October 2023 and were signed on its behalf by
ABIODUN, Benjamin Romiluyi
Director
Company Registration No. 10590332
VFOUR LONDON LTD.
Notes to the Accounts
for the year ended 31 January 2023
VFOUR LONDON LTD. is a private company, limited by shares, registered in England and Wales, registration number 10590332. The registered office is 1 THE SPIRES, THE SPIRES, ROCHESTER, Kent, ME2 2PY, UNITED KINGDOM.
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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The financial statements have been prepared on the going concern basis. This assumes that the company will continue in
operational existence for the foreseeable future.
At the balance sheet date, the company’s liability for the period ended 31 January 2023 exceeds its assets.
The director of the company has sought assurance from the creditors that their debts will not be called in within the next twelve
months.
The director has therefore deemed it appropriate that the financial statements be prepared on the going concern basis.
The company Brought in two more directors post balance sheet date on 30 March 2023.
It is thought that it would bring in more hands, resources and expertise. It is expected to affect the company fortune positively
VFOUR LONDON LTD.
Notes to the Accounts
for the year ended 31 January 2023
4
Creditors: amounts falling due within one year
2023
2022
Loans from directors
1,898
200
5
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
6,814
6,814
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).