1 November 2021 false No description of principal activity Taxfiler 2023.10 09841321business:PrivateLimitedCompanyLtd2021-11-012022-10-29 098413212021-10-31 098413212021-11-012022-10-29 09841321business:AuditExempt-NoAccountantsReport2021-11-012022-10-29 09841321business:FilletedAccounts2021-11-012022-10-29 098413212022-10-29 09841321business:Director12021-11-012022-10-29 09841321business:RegisteredOffice2021-11-012022-10-29 098413212021-10-31 09841321core:WithinOneYear2022-10-29 09841321core:WithinOneYear2021-10-31 09841321core:AfterOneYear2022-10-29 09841321core:AfterOneYear2021-10-31 09841321core:ShareCapitalcore:PreviouslyStatedAmount2022-10-29 09841321core:ShareCapitalcore:PreviouslyStatedAmount2021-10-31 09841321core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-29 09841321core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-10-31 09841321core:PreviouslyStatedAmount2022-10-29 09841321core:PreviouslyStatedAmount2021-10-31 09841321business:SmallEntities2021-11-012022-10-29 09841321countries:EnglandWales2021-11-012022-10-29 09841321core:PlantMachinery2021-10-31 09841321core:PlantMachinery2022-10-29 09841321core:PlantMachinery2021-11-012022-10-29 098413212020-11-012021-10-31 iso4217:GBP xbrli:pure
Company Registration No. 09841321 (England and Wales)
VETROSPEC LIMITED Unaudited accounts for the period from 1 November 2021 to 29 October 2022
VETROSPEC LIMITED Unaudited accounts Contents
Page
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VETROSPEC LIMITED Company Information for the period from 1 November 2021 to 29 October 2022
Director
Penelope Portente
Company Number
09841321 (England and Wales)
Registered Office
MARKET HOUSE 10 MARKET WALK SAFFRON WALDEN ESSEX CB10 1JZ ENGLAND
Accountants
Anglian Accountants Ltd 115b City Road Norwich NR12HL
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VETROSPEC LIMITED Statement of financial position as at 29 October 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,277 
2,777 
Current assets
Inventories
7,473 
7,000 
Debtors
21,782 
46,229 
Cash at bank and in hand
6,391 
8,336 
35,646 
61,565 
Creditors: amounts falling due within one year
(13,331)
(36,581)
Net current assets
22,315 
24,984 
Total assets less current liabilities
24,592 
27,761 
Creditors: amounts falling due after more than one year
(22,556)
(25,556)
Net assets
2,036 
2,205 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,035 
2,204 
Shareholders' funds
2,036 
2,205 
For the period ending 29 October 2022 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 her 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 2 November 2023 and were signed on its behalf by
Penelope Portente Director Company Registration No. 09841321
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VETROSPEC LIMITED Notes to the Accounts for the period from 1 November 2021 to 29 October 2022
1
Statutory information
VETROSPEC LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09841321. The registered office is MARKET HOUSE, 10 MARKET WALK, SAFFRON WALDEN, ESSEX, CB10 1JZ, ENGLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2021
5,875 
At 29 October 2022
5,875 
Depreciation
At 1 November 2021
3,098 
Charge for the period
500 
At 29 October 2022
3,598 
Net book value
At 29 October 2022
2,277 
At 31 October 2021
2,777 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,949 
39,396 
Accrued income and prepayments
1,333 
1,333 
Other debtors
5,500 
5,500 
21,782 
46,229 
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VETROSPEC LIMITED Notes to the Accounts for the period from 1 November 2021 to 29 October 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
3,000 
6,000 
Trade creditors
10,331 
1,872 
Taxes and social security
- 
1,123 
Other creditors
- 
739 
Loans from directors
- 
26,847 
13,331 
36,581 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
22,556 
25,556 
8
Average number of employees
During the period the average number of employees was 3 (2021: 3).
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