V & L BUILDERS LTD

Company Registration Number:
12025395 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

V & L BUILDERS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

V & L BUILDERS LTD

Company Information

for the Period Ended 31 May 2023




Director: Laima Verescinskiene
Registered office: 37
Fleeming Road
Walthamstow
London
England
E17 5ET
Company Registration Number: 12025395 (England and Wales)

V & L BUILDERS LTD

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 1,562 1,205
Total fixed assets: 1,562 1,205
Current assets
Stocks: 24,171 24,218
Debtors: 5 77,045 51,722
Cash at bank and in hand: 14,280 16,857
Total current assets: 115,496 92,797
Creditors: amounts falling due within one year: 6 ( 74,286 ) ( 44,913 )
Net current assets (liabilities): 41,210 47,884
Total assets less current liabilities: 42,772 49,089
Creditors: amounts falling due after more than one year: 7 ( 42,605 ) ( 48,501 )
Total net assets (liabilities): 167 588

The notes form part of these financial statements

V & L BUILDERS LTD

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 67 488
Shareholders funds: 167 588

For the year ending 31 May 2023 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 24 October 2023
And Signed On Behalf Of The Board By:

Name: Laima Verescinskiene
Status: Director

The notes form part of these financial statements

V & L BUILDERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

V & L BUILDERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 3 2

V & L BUILDERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

V & L BUILDERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible assets

Plant & machinery Office equipment Total
Cost £ £ £
At 01 June 2022 1,888 1,205 3,093
Additions 1,124 108 1,232
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 May 2023 3,012 1,313 4,325
Depreciation
At 01 June 2022 1,389 499 1,888
Charge for year 501 374 875
On disposals - - -
Other adjustments - - -
At 31 May 2023 1,890 873 2,763
Net book value
At 31 May 2023 1,122 440 1,562
At 31 May 2022 499 706 1,205

V & L BUILDERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Debtors


2023
£

2022
£
Trade debtors 70,164 41,826
Prepayments and accrued income 6 11
Other debtors 6,875 9,885
Total 77,045 51,722

V & L BUILDERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 3,539 1,249
Taxation and social security 70,747 43,664
Total 74,286 44,913

V & L BUILDERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 42,605 48,501
Total 42,605 48,501