Company Registration No. 10842836 (England and Wales)
Vutie Beets Limited
Unaudited accounts
for the year ended 30 June 2023
Vutie Beets Limited
Unaudited accounts
Contents
Vutie Beets Limited
Company Information
for the year ended 30 June 2023
Directors
Harry Andrew Williams
Paul Anthony Cranwell
Company Number
10842836 (England and Wales)
Registered Office
24 THE WYND
LETCHWORTH GARDEN CITY
SG6 3EN
ENGLAND
Vutie Beets Limited
Statement of financial position
as at 30 June 2023
Tangible assets
128,291
63,430
Cash at bank and in hand
9,092
33,974
Creditors: amounts falling due within one year
(158,563)
(91,519)
Net current liabilities
(142,813)
(52,365)
Net (liabilities)/assets
(14,522)
11,065
Called up share capital
10
10
Profit and loss account
(14,532)
11,055
Shareholders' funds
(14,522)
11,065
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 15 November 2023 and were signed on its behalf by
Harry Andrew Williams
Director
Company Registration No. 10842836
Vutie Beets Limited
Notes to the Accounts
for the year ended 30 June 2023
Vutie Beets Limited is a private company, limited by shares, registered in England and Wales, registration number 10842836. The registered office is 24 THE WYND, LETCHWORTH GARDEN CITY, SG6 3EN, 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
Computer equipment
25% Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
79,167
20,003
20,048
119,218
Additions
41,307
48,739
532
90,578
At 30 June 2023
120,474
68,742
20,580
209,796
At 1 July 2022
33,236
7,237
15,315
55,788
Charge for the year
12,047
11,653
2,017
25,717
At 30 June 2023
45,283
18,890
17,332
81,505
At 30 June 2023
75,191
49,852
3,248
128,291
At 30 June 2022
45,931
12,766
4,733
63,430
Vutie Beets Limited
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Accrued income and prepayments
-
3,180
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
8,464
11,593
Taxes and social security
3,484
9,235
Loans from directors
140,816
60,000
7
Average number of employees
During the year the average number of employees was 15 (2022: 12).