IRIS Accounts Production v23.3.1.45 08223872 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false A Ordinary 1.00000 B Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh082238722022-09-30082238722023-09-30082238722022-10-012023-09-30082238722021-09-30082238722021-10-012022-09-30082238722022-09-3008223872ns10:Originalns15:EnglandWales2022-10-012023-09-3008223872ns14:PoundSterlingns10:Original2022-10-012023-09-3008223872ns10:Originalns10:Director12022-10-012023-09-3008223872ns10:Original2022-10-012023-09-3008223872ns10:Original2023-09-3008223872ns10:Originalns10:PrivateLimitedCompanyLtd2022-10-012023-09-3008223872ns10:Originalns10:SmallEntities2022-10-012023-09-3008223872ns10:Originalns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3008223872ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3008223872ns10:SmallCompaniesRegimeForAccountsns10:Original2022-10-012023-09-3008223872ns10:Originalns10:FullAccounts2022-10-012023-09-3008223872ns10:Originalns10:OrdinaryShareClass12022-10-012023-09-3008223872ns10:Originalns10:OrdinaryShareClass22022-10-012023-09-3008223872ns10:Originalns10:Director22022-10-012023-09-3008223872ns10:Originalns10:RegisteredOffice2022-10-012023-09-3008223872ns10:Original2022-09-3008223872ns10:Originalns5:CurrentFinancialInstruments2023-09-3008223872ns10:Originalns5:CurrentFinancialInstruments2022-09-3008223872ns10:Originalns5:Non-currentFinancialInstruments2023-09-3008223872ns10:Originalns5:Non-currentFinancialInstruments2022-09-3008223872ns5:ShareCapitalns10:Original2023-09-3008223872ns5:ShareCapitalns10:Original2022-09-3008223872ns10:Originalns5:SharePremium2023-09-3008223872ns10:Originalns5:SharePremium2022-09-3008223872ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-09-3008223872ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-3008223872ns10:Originalns5:ComputerEquipment2022-10-012023-09-3008223872ns10:Original2021-10-012022-09-3008223872ns10:Originalns5:ComputerEquipment2022-09-3008223872ns10:Originalns5:ComputerEquipment2023-09-3008223872ns10:Originalns5:ComputerEquipment2022-09-3008223872ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3008223872ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3008223872ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-09-3008223872ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-09-3008223872ns10:Originalns5:DeferredTaxation2022-09-3008223872ns10:Originalns5:DeferredTaxation2023-09-3008223872ns10:Originalns10:OrdinaryShareClass12023-09-3008223872ns10:Originalns10:OrdinaryShareClass22023-09-3008223872ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-3008223872ns10:Originalns5:SharePremium2022-09-3008223872ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-10-012023-09-30
REGISTERED NUMBER: 08223872 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023

FOR

VIRTUAL ADMINISTRATION LIMITED

VIRTUAL ADMINISTRATION LIMITED (REGISTERED NUMBER: 08223872)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VIRTUAL ADMINISTRATION LIMITED

COMPANY INFORMATION
for the Year Ended 30th September 2023







DIRECTORS: Ms T A Clarke
J D Macleod





REGISTERED OFFICE: 38 North Gate
Newark
Nottinghamshire
NG24 1EZ





REGISTERED NUMBER: 08223872 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX

VIRTUAL ADMINISTRATION LIMITED (REGISTERED NUMBER: 08223872)

BALANCE SHEET
30th September 2023

30/9/23 30/9/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 870 1,160

CURRENT ASSETS
Debtors 5 15,427 19,545
Cash at bank and in hand 20,397 23,265
35,824 42,810
CREDITORS
Amounts falling due within one year 6 13,535 18,809
NET CURRENT ASSETS 22,289 24,001
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,159

25,161

CREDITORS
Amounts falling due after more than one
year

7

(1,833

)

(2,833

)

PROVISIONS FOR LIABILITIES 8 (165 ) (220 )
NET ASSETS 21,161 22,108

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Share premium 10 20,000 20,000
Retained earnings 10 161 1,108
SHAREHOLDERS' FUNDS 21,161 22,108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

VIRTUAL ADMINISTRATION LIMITED (REGISTERED NUMBER: 08223872)

BALANCE SHEET - continued
30th September 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th February 2024 and were signed on its behalf by:





Ms T A Clarke - Director


VIRTUAL ADMINISTRATION LIMITED (REGISTERED NUMBER: 08223872)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th September 2023

1. STATUTORY INFORMATION

Virtual Administration Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

VIRTUAL ADMINISTRATION LIMITED (REGISTERED NUMBER: 08223872)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th September 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st October 2022
and 30th September 2023 4,465
DEPRECIATION
At 1st October 2022 3,305
Charge for year 290
At 30th September 2023 3,595
NET BOOK VALUE
At 30th September 2023 870
At 30th September 2022 1,160

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/23 30/9/22
£    £   
Trade debtors 3,151 5,602
Accrued income 12,276 13,943
15,427 19,545

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/23 30/9/22
£    £   
Bank loans and overdrafts 1,000 1,000
Tax 771 3,135
VAT 5,171 5,457
Directors' current accounts 264 664
Accrued expenses 6,329 8,553
13,535 18,809

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/9/23 30/9/22
£    £   
Bank loans 1,833 2,833

8. PROVISIONS FOR LIABILITIES
30/9/23 30/9/22
£    £   
Deferred tax 165 220

VIRTUAL ADMINISTRATION LIMITED (REGISTERED NUMBER: 08223872)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th September 2023

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st October 2022 220
Accelerated capital allowances (55 )
Balance at 30th September 2023 165

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/9/23 30/9/22
value: £    £   
700 A Ordinary £1 700 700
300 B Ordinary £1 300 300
1,000 1,000

10. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1st October 2022 1,108 20,000 21,108
Profit for the year 3,053 3,053
Dividends (4,000 ) (4,000 )
At 30th September 2023 161 20,000 20,161