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Company Registration No. 08091476 (England and Wales)
VTS Consultancy (UK) Limited Unaudited accounts for the year ended 31 May 2023
VTS Consultancy (UK) Limited Unaudited accounts Contents
Page
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VTS Consultancy (UK) Limited Company Information for the year ended 31 May 2023
Director
Mr T Jones
Company Number
08091476 (England and Wales)
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VTS Consultancy (UK) Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
(1,773)
(251)
Current assets
Debtors
9,321 
- 
Cash at bank and in hand
53,307 
63,074 
62,628 
63,074 
Creditors: amounts falling due within one year
9,357 
(20,943)
Net current assets
71,985 
42,131 
Total assets less current liabilities
70,212 
41,880 
Creditors: amounts falling due after more than one year
(28,000)
(28,000)
Net assets
42,212 
13,880 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
42,210 
13,878 
Shareholders' funds
42,212 
13,880 
For the year ending 31 May 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 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 31 January 2024 and were signed on its behalf by
Mr T Jones Director Company Registration No. 08091476
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VTS Consultancy (UK) Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
VTS Consultancy (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 08091476.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
10,960 
2,200 
13,160 
At 31 May 2023
10,960 
2,200 
13,160 
Depreciation
At 1 June 2022
12,269 
1,142 
13,411 
Charge for the year
1,257 
265 
1,522 
At 31 May 2023
13,526 
1,407 
14,933 
Net book value
At 31 May 2023
(2,566)
793 
(1,773)
At 31 May 2022
(1,309)
1,058 
(251)
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VTS Consultancy (UK) Limited Notes to the Accounts for the year ended 31 May 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
4,921 
- 
Trade debtors
4,400 
- 
9,321 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
327 
Taxes and social security
7,176 
15,091 
Loans from directors
(16,987)
5,525 
Accruals
454 
- 
(9,357)
20,943 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
28,000 
28,000 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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