Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07166100 2022-04-01 2023-03-31 07166100 2021-04-01 2022-03-31 07166100 2023-03-31 07166100 2022-03-31 07166100 c:Director1 2022-04-01 2023-03-31 07166100 c:Director2 2022-04-01 2023-03-31 07166100 c:RegisteredOffice 2022-04-01 2023-03-31 07166100 d:PlantMachinery 2022-04-01 2023-03-31 07166100 d:PlantMachinery 2023-03-31 07166100 d:PlantMachinery 2022-03-31 07166100 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 07166100 d:MotorVehicles 2022-04-01 2023-03-31 07166100 d:MotorVehicles 2023-03-31 07166100 d:MotorVehicles 2022-03-31 07166100 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 07166100 d:ComputerEquipment 2022-04-01 2023-03-31 07166100 d:ComputerEquipment 2023-03-31 07166100 d:ComputerEquipment 2022-03-31 07166100 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 07166100 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 07166100 d:CurrentFinancialInstruments 2023-03-31 07166100 d:CurrentFinancialInstruments 2022-03-31 07166100 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07166100 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 07166100 d:ShareCapital 2023-03-31 07166100 d:ShareCapital 2022-03-31 07166100 d:RetainedEarningsAccumulatedLosses 2023-03-31 07166100 d:RetainedEarningsAccumulatedLosses 2022-03-31 07166100 c:FRS102 2022-04-01 2023-03-31 07166100 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 07166100 c:FullAccounts 2022-04-01 2023-03-31 07166100 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 07166100 2 2022-04-01 2023-03-31 07166100 6 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure
Company registration number: 07166100







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2023


VW CLINICS LIMITED






































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VW CLINICS LIMITED
 


 
COMPANY INFORMATION


Directors
S Dhenin 
C Mason 




Registered number
07166100



Registered office
Scorpio
Christchurch Road

Virginia Water

Surrey

GU25 4PX




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


VW CLINICS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


VW CLINICS LIMITED
REGISTERED NUMBER:07166100



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
89,780
71,802

Investments
 5 
133,249
129,579

  
223,029
201,381

Current assets
  

Stocks
  
4,000
4,675

Debtors: amounts falling due within one year
 6 
51,406
61,448

Cash at bank and in hand
  
375,096
376,222

  
430,502
442,345

Creditors: amounts falling due within one year
 7 
(108,145)
(119,742)

Net current assets
  
 
 
322,357
 
 
322,603

Total assets less current liabilities
  
545,386
523,984

  

Net assets
  
545,386
523,984


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
545,286
523,884

  
545,386
523,984


Page 1

 


VW CLINICS LIMITED
REGISTERED NUMBER:07166100


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




S Dhenin
C Mason
Director
Director


Date: 11 October 2023
Date:11 October 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


VW CLINICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

VW Clinics Limited is a private company limited by shares and incorporated in England and Wales.  The address of the registered office is given in the company information page of these financial statements.  
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.  

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 


VW CLINICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
Reducing balance
Motor vehicles
-
25%
Reducing balance
Computer equipment
-
25%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 4

 


VW CLINICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 April 2022
170,670
5,813
26,338
202,821


Additions
35,882
-
-
35,882



At 31 March 2023

206,552
5,813
26,338
238,703



Depreciation


At 1 April 2022
99,355
5,812
25,852
131,019


Charge for the year on owned assets
17,778
-
126
17,904



At 31 March 2023

117,133
5,812
25,978
148,923



Net book value



At 31 March 2023
89,419
1
360
89,780



At 31 March 2022
71,315
1
486
71,802


5.


Fixed asset investments





Other fixed asset investments

£



Cost or valuation


At 1 April 2022
129,579


Revaluations
3,670



At 31 March 2023
133,249




Page 5

 


VW CLINICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Debtors

2023
2022
£
£


Trade debtors
33,026
28,984

Other debtors
12,330
26,414

Prepayments and accrued income
6,050
6,050

51,406
61,448



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
16,497
31,056

Other taxation and social security
4,079
-

Other creditors
84,269
85,536

Accruals and deferred income
3,300
3,150

108,145
119,742


 
Page 6