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
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
VS-01 Limited
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
4,150
1,587
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
Net liabilities
(1,143)
(569)
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
VS-01 Limited
Notes to the Accounts
for the year ended 31 July 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Amounts falling due within one year
Amounts due from group undertakings etc.
20,568
30,652
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
Loans from directors
1,104
-
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).