2022-05-012023-04-302023-04-30false100974433VRM 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3VRM LIMITED

Registered Number
10097443
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2023

3VRM LIMITED
Company Information
for the year from 1 May 2022 to 30 April 2023

Directors

DICKINSON, Benjamin
DICKINSON, Claire Anne

Registered Address

64 Jersey Street
Flint Glass Works
Manchester
M4 6JW

Registered Number

10097443 (England and Wales)
3VRM LIMITED
Balance Sheet as at
30 April 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets30,74039,601
30,74039,601
Current assets
Debtors5896,407999,489
Cash at bank and on hand957,665380,310
1,854,0721,379,799
Creditors amounts falling due within one year6(650,466)(529,029)
Net current assets (liabilities)1,203,606850,770
Total assets less current liabilities1,234,346890,371
Net assets1,234,346890,371
Capital and reserves
Called up share capital1010
Profit and loss account1,234,336890,361
Shareholders' funds1,234,346890,371
The financial statements were approved and authorised for issue by the Board of Directors on 27 September 2023, and are signed on its behalf by:
DICKINSON, Benjamin
Director
Registered Company No. 10097443
3VRM LIMITED
Notes to the Financial Statements
for the year ended 30 April 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year00
5.Debtors

2023

2022

££
Trade debtors / trade receivables591,308506,012
Other debtors27095,103
Prepayments and accrued income304,829398,374
Total896,407999,489
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors within one year

2023

2022

££
Trade creditors / trade payables333,863200,546
Amounts owed to related parties10631
Taxation and social security238,472229,638
Other creditors16,900916
Accrued liabilities and deferred income61,12597,898
Total650,466529,029
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.