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Company Registration No. 5301349 (England and Wales)
VM Consultants Ltd Unaudited accounts for the year ended 31 December 2023
VM Consultants Ltd Unaudited accounts Contents
Page
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VM Consultants Ltd Company Information for the year ended 31 December 2023
Director
Mrs V J Deakin
Company Number
5301349 (England and Wales)
Registered Office
Rose Cottage, Back Lane Shenstone Kidderminster Worcestershire DY10 4DN
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VM Consultants Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
475 
634 
Current assets
Debtors
3,006 
6,197 
Cash at bank and in hand
57,310 
64,365 
60,316 
70,562 
Creditors: amounts falling due within one year
(6,358)
(4,779)
Net current assets
53,958 
65,783 
Net assets
54,433 
66,417 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
54,431 
66,415 
Shareholders' funds
54,433 
66,417 
For the year ending 31 December 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 director acknowledges her 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 and authorised for issue on 3 February 2024 and were signed on its behalf by
Mrs V J Deakin Director Company Registration No. 5301349
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VM Consultants Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
VM Consultants Ltd is a private company, limited by shares, registered in England and Wales, registration number 5301349. The registered office is Rose Cottage, Back Lane, Shenstone, Kidderminster, Worcestershire, DY10 4DN.
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:
Computer equipment
25% reducing balance basis
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
5,337 
At 31 December 2023
5,337 
Depreciation
At 1 January 2023
4,703 
Charge for the year
159 
At 31 December 2023
4,862 
Net book value
At 31 December 2023
475 
At 31 December 2022
634 
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VM Consultants Ltd Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,006 
6,197 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
4,114 
2,740 
Loans from directors
2,044 
1,849 
Accruals
200 
190 
6,358 
4,779 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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