Company registration number 11902356 (England and Wales)
VANESSA WHITE WIG COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
VANESSA WHITE WIG COMPANY LIMITED
COMPANY INFORMATION
Directors
Larry Prinz
Mrs V Prinz
Secretary
Mr L Prinz
Company number
11902356
Registered office
7 Grosvenor Gardens
Victoria
London
SW1W 0AF
Accountants
David Smith & Co
7 Grosvenor Gardens
Victoria
London
SW1W 0AF
VANESSA WHITE WIG COMPANY LIMITED
BALANCE SHEET
AS AT 31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
4
7,188
7,670
Current assets
Debtors
5
1,980
980
Cash at bank and in hand
21,844
31,216
23,824
32,196
Creditors: amounts falling due within one year
6
(16,665)
(22,789)
Net current assets
7,159
9,407
Total assets less current liabilities
14,347
17,077
Provisions for liabilities
(1,438)
(1,460)
Net assets
12,909
15,617
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
12,809
15,517
Total equity
12,909
15,617

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 3 November 2023 and are signed on its behalf by:
Larry Prinz
Mrs V Prinz
Director
Director
Company Registration No. 11902356
VANESSA WHITE WIG COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
1
Accounting policies
Company information

Vanessa White Wig Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is 7 Grosvenor Gardens, Victoria, London, SW1W 0AF.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation.

Depreciation is recognised so as to write off the cost of assets over their useful lives on the following bases:

Plant and equipment
25% of written down value
Computers
one-third of cost per annum
1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

VANESSA WHITE WIG COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 3 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
2
2
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2022
13,283
Additions
2,500
Disposals
(320)
At 31 March 2023
15,463
Depreciation and impairment
At 1 April 2022
5,613
Depreciation charged in the year
2,662
At 31 March 2023
8,275
Carrying amount
At 31 March 2023
7,188
At 31 March 2022
7,670
5
Debtors
2023
2022
Amounts falling due within one year:
£
£
Corporation tax recoverable
980
980
Other debtors
1,000
-
0
1,980
980
VANESSA WHITE WIG COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 4 -
6
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
-
0
2,500
Taxation and social security
61
704
Other creditors
16,604
19,585
16,665
22,789
7
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
2023-03-312022-04-01false03 November 2023CCH SoftwareCCH Accounts Production 2023.100No description of principal activityLarry PrinzMrs V PrinzMr L Prinz119023562022-04-012023-03-3111902356bus:Director12022-04-012023-03-3111902356bus:Director22022-04-012023-03-3111902356bus:CompanySecretaryDirector12022-04-012023-03-3111902356bus:CompanySecretary12022-04-012023-03-3111902356bus:RegisteredOffice2022-04-012023-03-31119023562023-03-31119023562022-03-3111902356core:OtherPropertyPlantEquipment2023-03-3111902356core:OtherPropertyPlantEquipment2022-03-3111902356core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3111902356core:CurrentFinancialInstrumentscore:WithinOneYear2022-03-3111902356core:CurrentFinancialInstruments2023-03-3111902356core:CurrentFinancialInstruments2022-03-3111902356core:ShareCapital2023-03-3111902356core:ShareCapital2022-03-3111902356core:RetainedEarningsAccumulatedLosses2023-03-3111902356core:RetainedEarningsAccumulatedLosses2022-03-3111902356core:PlantMachinery2022-04-012023-03-3111902356core:ComputerEquipment2022-04-012023-03-31119023562021-04-012022-03-3111902356core:OtherPropertyPlantEquipment2022-03-3111902356core:OtherPropertyPlantEquipment2022-04-012023-03-3111902356core:WithinOneYear2023-03-3111902356core:WithinOneYear2022-03-3111902356bus:PrivateLimitedCompanyLtd2022-04-012023-03-3111902356bus:SmallCompaniesRegimeForAccounts2022-04-012023-03-3111902356bus:FRS1022022-04-012023-03-3111902356bus:AuditExemptWithAccountantsReport2022-04-012023-03-3111902356bus:FullAccounts2022-04-012023-03-31xbrli:purexbrli:sharesiso4217:GBP