Company Registration No. 11247339 (England and Wales)
VFATS PLATFORM LIMITED
Unaudited accounts
for the year ended 31 March 2023
VFATS PLATFORM LIMITED
Unaudited accounts
Contents
VFATS PLATFORM LIMITED
Company Information
for the year ended 31 March 2023
Director
VINCENT OLUSEGUN FATUNSI
Company Number
11247339 (England and Wales)
Registered Office
20 WALTERS HOUSE
OTTO STREET
LONDON
SE17 3PG
ENGLAND
Accountants
CHRISDOL CONSULTING LTD
STUDIO 22, ACTION HOUSE
53 SANDGATE STREET
LONDON
SE15 1LE
VFATS PLATFORM LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
33,957
33,957
Cash at bank and in hand
235
235
Creditors: amounts falling due within one year
(12,481)
(12,481)
Net current liabilities
(11,796)
(11,796)
Total assets less current liabilities
22,161
22,161
Creditors: amounts falling due after more than one year
(20,514)
(20,514)
Called up share capital
2
2
Profit and loss account
1,645
1,645
Shareholders' funds
1,647
1,647
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 his 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 20 February 2024 and were signed on its behalf by
VINCENT OLUSEGUN FATUNSI
Director
Company Registration No. 11247339
VFATS PLATFORM LIMITED
Notes to the Accounts
for the year ended 31 March 2023
VFATS PLATFORM LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11247339. The registered office is 20 WALTERS HOUSE, OTTO STREET, LONDON, SE17 3PG, 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:
Plant & machinery
25% Straight line
Fixtures & fittings
25% Straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2022
43,000
11,707
54,707
At 31 March 2023
43,000
11,707
54,707
At 1 April 2022
20,750
-
20,750
At 31 March 2023
20,750
-
20,750
At 31 March 2023
22,250
11,707
33,957
At 31 March 2022
22,250
11,707
33,957
Amounts falling due within one year
VFATS PLATFORM LIMITED
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,881
9,881
Other creditors
2,600
2,600
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
20,514
20,514
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).