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Company Registration No. 10288501 (England and Wales)
VS-01 Limited Unaudited accounts for the year ended 31 July 2023
VS-01 Limited Unaudited accounts Contents
Page
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VS-01 Limited Company Information for the year ended 31 July 2023
Directors
William John Williams Joe Turton
Company Number
10288501 (England and Wales)
Registered Office
Heather Bank Quarry Bank Matlock Derbyshire DE4 3LF
Accountants
Gilroy Finance Group 5-9 Upper Brown Street Leicester Leicestershire LE1 5TE
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VS-01 Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
198 
471 
Current assets
Debtors
27,674 
33,343 
Cash at bank and in hand
4,150 
1,587 
31,824 
34,930 
Creditors: amounts falling due within one year
(29,425)
(35,830)
Net current assets/(liabilities)
2,399 
(900)
Total assets less current liabilities
2,597 
(429)
Creditors: amounts falling due after more than one year
(3,600)
- 
Provisions for liabilities
Deferred tax
(140)
(140)
Net liabilities
(1,143)
(569)
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
(1,147)
(573)
Shareholders' funds
(1,143)
(569)
For the year ending 31 July 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 16 November 2023 and were signed on its behalf by
William John Williams Director Company Registration No. 10288501
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VS-01 Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
VS-01 Limited is a private company, limited by shares, registered in England and Wales, registration number 10288501. The registered office is Heather Bank, Quarry Bank, Matlock, Derbyshire, DE4 3LF.
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.
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:
Plant & machinery
25% Straight Line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2022
1,091 
At 31 July 2023
1,091 
Depreciation
At 1 August 2022
620 
Charge for the year
273 
At 31 July 2023
893 
Net book value
At 31 July 2023
198 
At 31 July 2022
471 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
20,568 
30,652 
Other debtors
7,106 
2,691 
27,674 
33,343 
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VS-01 Limited Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
17,534 
22,103 
Taxes and social security
10,127 
10,127 
Other creditors
- 
3,600 
Loans from directors
1,104 
- 
Accruals
660 
- 
29,425 
35,830 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
3,600 
- 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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