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REGISTERED NUMBER: 07908974 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Volkswarren Limited

Volkswarren Limited (Registered number: 07908974)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Volkswarren Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: D C Warren





REGISTERED OFFICE: 2 Beckensall Close
Dudley
West Midlands
DY1 1SP





REGISTERED NUMBER: 07908974 (England and Wales)





ACCOUNTANTS: Fredericksons
First Floor
Polymer Court
Hope Street
Dudley
West Midlands
DY2 8RS

Volkswarren Limited (Registered number: 07908974)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,269 1,437

CURRENT ASSETS
Debtors 5 14,847 9,301
Cash at bank 12,900 21,899
27,747 31,200
CREDITORS
Amounts falling due within one year 6 28,618 32,109
NET CURRENT LIABILITIES (871 ) (909 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

398

528

PROVISIONS FOR LIABILITIES 7 241 273
NET ASSETS 157 255

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 156 254
SHAREHOLDERS' FUNDS 157 255

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

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.

Volkswarren Limited (Registered number: 07908974)

Balance Sheet - continued
31 January 2023


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

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 25 October 2023 and were signed by:





D C Warren - Director


Volkswarren Limited (Registered number: 07908974)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 33% on reducing balance

Taxation
Taxation for the year 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 year 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 year was 2 (2022 - 1 ) .

Volkswarren Limited (Registered number: 07908974)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 February 2022 3,028
Additions 2,198
Disposals (2,048 )
At 31 January 2023 3,178
DEPRECIATION
At 1 February 2022 1,591
Charge for year 634
Eliminated on disposal (316 )
At 31 January 2023 1,909
NET BOOK VALUE
At 31 January 2023 1,269
At 31 January 2022 1,437

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 4,621 3,631
Other debtors 10,226 5,670
14,847 9,301

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Taxation and social security 26,639 30,160
Other creditors 1,979 1,949
28,618 32,109

7. PROVISIONS FOR LIABILITIES
31.1.23 31.1.22
£    £   
Deferred tax 241 273

Deferred
tax
£   
Balance at 1 February 2022 273
Provided during year (32 )
Balance at 31 January 2023 241

Volkswarren Limited (Registered number: 07908974)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
1 Ordinary £1 1 1

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D C Warren.