Company registration number 09704401 (England and Wales)
V & M ASSOCIATES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
V & M ASSOCIATES LTD
COMPANY INFORMATION
Directors
A Vezzosi
D Magris
Company number
09704401
Registered office
C/O Kingston Accountants Ltd
87 Chancery Lane
Ground Floor
London
England
WC2A 1ET
Accountants
Kingston Burrowes Accountants
308 Ewell Road
Surbiton
Surrey
KT6 7AL
V & M ASSOCIATES LTD
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
V & M ASSOCIATES LTD
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF V & M ASSOCIATES LTD
- 1 -
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the Period ended 31 March 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet, you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that comply with the requirements of the Acts.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting Period. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Kingston Burrowes Accountants
12 February 2024
Accountants
308 Ewell Road
Surbiton
Surrey
KT6 7AL
V & M ASSOCIATES LTD
BALANCE SHEET
AS AT 31 MARCH 2023
31 March 2023
- 2 -
31 March 2023 2023
31 July 2022
£
£
£
£
Fixed assets
415
830
Current assets
872,799
298,768
Creditors: amounts falling due within one year
(178,167)
(80,867)
Net current assets
694,632
217,901
Total assets less current liabilities
695,047
218,731
Net assets
695,047
218,731
Capital and reserves
695,047
218,731
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the Period was as follows:
2023
2022
Number
Number
Employees
2
1
V & M ASSOCIATES LTD
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023
31 March 2023
- 3 -
V & M Associates Ltd is a private company limited by shares incorporated in England and Wales. The registered office is C/O Kingston Accountants Ltd, 87 Chancery Lane, Ground Floor, London, England, WC2A 1ET.
For the Period ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 12 February 2024 and are signed on its behalf by:
D Magris
Director
Company registration number 09704401 (England and Wales)
V & M ASSOCIATES LTD
SCHEDULE OF TANGIBLE FIXED ASSETS
FOR THE PERIOD ENDED 31 MARCH 2023
- 4 -
Fixtures and fittings
£
Cost
At 1 August 2022 and 31 March 2023
2,279
Depreciation and impairment
At 1 August 2022
1,449
Depreciation charged in the Period
415
At 31 March 2023
1,864
Carrying amount
At 31 March 2023
415
At 31 July 2022
830
V & M ASSOCIATES LTD
SCHEDULE OF CURRENT ASSETS
FOR THE PERIOD ENDED 31 MARCH 2023
- 5 -
2023
2022
£
£
Bank current account 1
27,554
14,178
Bank current account 2
698,274
111,915
Trade debtors
71,162
102,633
Directors' current accounts (debtors only)
-
1
Other debtors
75,809
200
Short term investments
-
69,538
VAT control account
-
303
872,799
298,768
V & M ASSOCIATES LTD
SCHEDULE OF CREDITORS LESS THAN ONE YEAR
FOR THE PERIOD ENDED 31 MARCH 2023
- 6 -
2023
2022
£
£
VAT control account
685
-
Wages and salaries control
(73)
(73)
Other Creditors
12,737
3,590
Accruals included in creditors (use 9498 for separate line)
950
950
Corporation tax payable
163,977
76,698
PAYE control account
(102)
(298)
Pension control
(7)
-
178,167
80,867