REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 31 March 2022 to 31 March 2023 |
for |
VMEC Holdings Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 31 March 2022 to 31 March 2023 |
for |
VMEC Holdings Limited |
VMEC Holdings Limited (Registered number: 14016066) |
Contents of the Financial Statements |
for the Period 31 March 2022 to 31 March 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
VMEC Holdings Limited |
Company Information |
for the Period 31 March 2022 to 31 March 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
3 Park Square |
Leeds |
LS1 2NE |
VMEC Holdings Limited (Registered number: 14016066) |
Balance Sheet |
31 March 2023 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | 8 |
SHAREHOLDERS' FUNDS |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
VMEC Holdings Limited (Registered number: 14016066) |
Notes to the Financial Statements |
for the Period 31 March 2022 to 31 March 2023 |
1. | STATUTORY INFORMATION |
VMEC Holdings Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
Additions |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
VMEC Holdings Limited (Registered number: 14016066) |
Notes to the Financial Statements - continued |
for the Period 31 March 2022 to 31 March 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed by group undertakings |
S455 tax recoverable | 21,140 |
Directors' current accounts | 62,637 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Tax |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1 | 2 |
A Ordinary | £1 | 2 |
4 |
The following shares were allotted and fully paid for cash at par during the period: |
1 Ordinary shares of £1 each |
1 A Ordinary shares of £1 each |
During the year the company acquired the whole of the share capital of VMEC Limited by way of share for share exchange |
8. | RESERVES |
Retained |
earnings |
£ |
Profit for the period |
Dividends | ( |
) |
At 31 March 2023 |
9. | RELATED PARTY DISCLOSURES |
During the period, total dividends of £84,000 were paid to the director . |
The company owns 100% of the share capital of VMEC Limited. |
At the year end, VMEC Limited owed the company £93. |
S Vincent is the director of the company. |
At the year end, S Vincent owed the company £62,637. Interest has been charged at the official rate. |
VMEC Holdings Limited (Registered number: 14016066) |
Notes to the Financial Statements - continued |
for the Period 31 March 2022 to 31 March 2023 |
10. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is |