VICTORY NATURAL RESOURCES LIMITED
REGISTERED NUMBER: 11803077
BALANCE SHEET
AS AT 28 FEBRUARY 2023
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Notes
Victory Natural Resources Limited is a private company, limited by shares, registered in England and Wales. The address of the company's registered office is 67 Langley Hill, Kings Langley, Hertfordshire, WD4 9HQ.
Average number of employees
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The average monthly number of employees, including directors, during the year was 1 (2022 - 1).
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VICTORY NATURAL RESOURCES LIMITED
REGISTERED NUMBER: 11803077
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023
Directors' confirmations
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
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.
These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
L A O'Brien - Appointed 07/03/2024
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The notes on pages 3 to 4 form part of these financial statements.
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VICTORY NATURAL RESOURCES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
1.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 105 the UK and the Republic of Ireland and the Companies Act 2006.
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Charge for the year on owned assets
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VICTORY NATURAL RESOURCES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
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Cash and cash equivalents
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Creditors: Amounts falling due within one year
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Accruals and deferred income
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Transactions with directors
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During the year, the company made interest-free advances to the director amounting to £57,120. The company received repayments of £85,698. At the balance sheet date the director owed the company £39,306. This balance was repaid within 9 months of the year end, and was repayable on demand.
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