Registered number
12814020
Vix Trans Ltd
Unaudited Filleted Accounts
31 October 2023
Vix Trans Ltd
Registered number: 12814020
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 500 500
Current assets
Debtors 4 - 147
Cash at bank and in hand 2 5
2 152
Creditors: amounts falling due within one year 5 (729) (616)
Net current liabilities (727) (464)
Net (liabilities)/assets (227) 36
Capital and reserves
Called up share capital 1 1
Profit and loss account (228) 35
Shareholder's funds (227) 36
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Grzegorz Wojciechowski
Director
Approved by the board on 12 February 2024
Vix Trans Ltd
Notes to the Accounts
for the year ended 31 October 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment 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 its expected useful life, as follows:
Plant and machinery over 4 years
Fixtures, fittings, tools and equipment over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 November 2022 1,000
At 31 October 2023 1,000
Depreciation
At 1 November 2022 500
At 31 October 2023 500
Net book value
At 31 October 2023 500
At 31 October 2022 500
4 Debtors 2023 2022
£ £
Other debtors - 147
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs - 616
Other creditors 729 -
729 616
6 Other information
Vix Trans Ltd is a private company limited by shares and incorporated in England. Its registered office is:
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