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Company Registration No. 8552228 (England and Wales)
Vibework Ltd Unaudited accounts for the year ended 31 March 2023
Vibework Ltd Unaudited accounts Contents
Page
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Vibework Ltd Company Information for the year ended 31 March 2023
Directors
Athar Naseer Wasim Ahmad Uzma Ahmad
Company Number
8552228 (England and Wales)
Registered Office
26-28 Mount Row London W1K 3SQ
Accountants
Proacc Consulting Ltd 3rd Floor 86-90 Paul Street London EC2A 4NE
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Vibework Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
6,074 
8,631 
Cash at bank and in hand
362,289 
107,968 
368,363 
116,599 
Creditors: amounts falling due within one year
(206,899)
(116,591)
Net current assets
161,464 
8 
Net assets
161,464 
8 
Capital and reserves
Called up share capital
8 
8 
Profit and loss account
161,456 
- 
Shareholders' funds
161,464 
8 
For the year ending 31 March 2023 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 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 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 of Directors and authorised for issue on 28 November 2023 and were signed on its behalf by
Athar Naseer Director Company Registration No. 8552228
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Vibework Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Vibework Ltd is a private company, limited by shares, registered in England and Wales, registration number 8552228. The registered office is 26-28 Mount Row, London , W1K 3SQ.
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 year, 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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,074 
8,631 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
30,917 
14,931 
Taxes and social security
79,810 
35,719 
Other creditors
- 
13,734 
Loans from directors
52,704 
- 
Accruals
- 
15,000 
Deferred income
43,468 
37,207 
206,899 
116,591 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
8 Ordinary shares of £1 each
8 
8 
7
Average number of employees
During the year the average number of employees was 5 (2022: 3).
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