VAMOS LANGUAGE TEACHING LIMITED

Company Registration Number:
06457828 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

VAMOS LANGUAGE TEACHING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

VAMOS LANGUAGE TEACHING LIMITED

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 74,202 95,989
Investments: 4 74,048 74,048
Total fixed assets: 148,250 170,037
Current assets
Stocks: 9,000 9,000
Debtors: 5 1,138 552
Cash at bank and in hand: 56,098 33,280
Total current assets: 66,236 42,832
Creditors: amounts falling due within one year: 6 (200,788) (98,449)
Net current assets (liabilities): (134,552) (55,617)
Total assets less current liabilities: 13,698 114,420
Creditors: amounts falling due after more than one year:   (140,314) (46,505)
Total net assets (liabilities): (126,616) 67,915
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (126,617) 67,914
Shareholders funds: (126,616) 67,915

The notes form part of these financial statements

VAMOS LANGUAGE TEACHING LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 November 2023
and signed on behalf of the board by:

Name: R Collins
Status: Director

The notes form part of these financial statements

VAMOS LANGUAGE TEACHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VAMOS LANGUAGE TEACHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 20 25

VAMOS LANGUAGE TEACHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 310,795
Additions 21,717
At 31 December 2022 332,512
Depreciation
At 01 January 2022 214,806
Charge for year 43,504
At 31 December 2022 258,310
Net book value
At 31 December 2022 74,202
At 31 December 2021 95,989

VAMOS LANGUAGE TEACHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Fixed investments

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulativeimpairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land,at rates calculated to write off the cost, less estimated residual value, of each asset evenly over itsexpected useful life, as follows:Freehold buildings over 50 yearsLeasehold land and buildings over the lease termPlant and machinery over 5 yearsFixtures, fittings, tools and equipment over 5 years

VAMOS LANGUAGE TEACHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Debtors

2022 2021
££
Debtors due after more than one year: 1,138 552

VAMOS LANGUAGE TEACHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due within one year note

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.

VAMOS LANGUAGE TEACHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Loans to directors

Name of director receiving advance or credit: R Collins
Description of the loan: Directors Loan
£
Balance at 01 January 2022 0
Advances or credits made: 7,503
Balance at 31 December 2022 7,503