Company Registration No. 10789281 (England and Wales)
VRESOS LTD
Unaudited accounts
for the year ended 31 May 2023
VRESOS LTD
Unaudited accounts
Contents
VRESOS LTD
Company Information
for the year ended 31 May 2023
Director
Dr Enohor IGBEYI
Company Number
10789281 (England and Wales)
Registered Office
20-22 WENLOCK ROAD
LONDON
N1 7GU
ENGLAND
Accountants
1st Century Acca
6 Pagitt Street
Chatham
Chatham
Kent
ME4 6RF
VRESOS LTD
Statement of financial position
as at 31 May 2023
Tangible assets
9,479
10,664
Cash at bank and in hand
7,500
3,500
Creditors: amounts falling due within one year
(1,750)
(2,013)
Net current assets
5,750
1,487
Total assets less current liabilities
15,229
12,151
Creditors: amounts falling due after more than one year
(6,658)
(7,500)
Profit and loss account
8,471
4,551
Shareholders' funds
8,571
4,651
For the year ending 31 May 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 8 February 2024 and were signed on its behalf by
Dr Enohor IGBEYI
Director
Company Registration No. 10789281
VRESOS LTD
Notes to the Accounts
for the year ended 31 May 2023
VRESOS LTD is a private company, limited by shares, registered in England and Wales, registration number 10789281. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, ENGLAND.
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:
Motor vehicles
10% Straight Line
Fixtures & fittings
10% Straight Line
Computer equipment
10% Straight Line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2022
6,420
5,429
11,849
At 31 May 2023
6,420
5,429
11,849
At 1 June 2022
642
543
1,185
Charge for the year
642
543
1,185
At 31 May 2023
1,284
1,086
2,370
At 31 May 2023
5,136
4,343
9,479
At 31 May 2022
5,778
4,886
10,664
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,000
1,500
VRESOS LTD
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
6,658
7,500
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).