Company Registration No. 12215751 (England and Wales)
Vix Meldrew Ltd
Unaudited accounts
for the year ended 30 September 2023
Vix Meldrew Ltd
Unaudited accounts
Contents
Vix Meldrew Ltd
Company Information
for the year ended 30 September 2023
Director
Victoria Sarah Jones
Company Number
12215751 (England and Wales)
Registered Office
86-90 Paul Street Vix Meldrew
3rd Floor, 86-90 Paul Street
London
EC2A 4NE
United Kingdom
Accountants
Cone Accounting Limited
85 Great Portland Street
First Floor
London
W1W 7LT
Vix Meldrew Ltd
Statement of financial position
as at 30 September 2023
Intangible assets
2,400
4,800
Cash at bank and in hand
588
1,087
Creditors: amounts falling due within one year
(4,055)
(6,514)
Net current liabilities
(2,478)
(5,427)
Called up share capital
1
1
Profit and loss account
39
128
Shareholders' funds
40
129
For the year ending 30 September 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 her 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 8 February 2024 and were signed on its behalf by
Victoria Sarah Jones
Director
Company Registration No. 12215751
Vix Meldrew Ltd
Notes to the Accounts
for the year ended 30 September 2023
Vix Meldrew Ltd is a private company, limited by shares, registered in England and Wales, registration number 12215751. The registered office is 86-90 Paul Street Vix Meldrew, 3rd Floor, 86-90 Paul Street, London, EC2A 4NE, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amrotised over 5 years.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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:
Computer equipment
33.33% Straight line method
Vix Meldrew Ltd
Notes to the Accounts
for the year ended 30 September 2023
4
Intangible fixed assets
Goodwill
At 30 September 2023
12,000
At 30 September 2023
9,600
At 30 September 2023
2,400
At 30 September 2022
4,800
5
Tangible fixed assets
Computer equipment
At 30 September 2023
1,913
At 30 September 2023
1,795
Amounts falling due within one year
Accrued income and prepayments
989
-
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,858
3,742
Taxes and social security
8,232
7,588
Loans from directors
(14,248)
(15,356)
Vix Meldrew Ltd
Notes to the Accounts
for the year ended 30 September 2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).