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Company Registration No. 07107929 (England and Wales)
Professional VAT Consultants Limited Unaudited accounts for the year ended 31 December 2023
Professional VAT Consultants Limited Unaudited accounts Contents
Page
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Professional VAT Consultants Limited Company Information for the year ended 31 December 2023
Director
Martin Gregory
Company Number
07107929 (England and Wales)
Registered Office
115 Billy Lows Lane Potters Bar Hertfordshire EN6 1UY
Accountants
Douglas Collier Ltd 10 Village Way Pinner Middlesex HA5 5AF
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Professional VAT Consultants Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
11,740 
9,476 
Cash at bank and in hand
47,809 
34,896 
59,549 
44,372 
Creditors: amounts falling due within one year
(8,801)
(4,659)
Net current assets
50,748 
39,713 
Net assets
50,748 
39,713 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
50,648 
39,613 
Shareholders' funds
50,748 
39,713 
For the year ending 31 December 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 22 February 2024 and were signed on its behalf by
Martin Gregory Director Company Registration No. 07107929
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Professional VAT Consultants Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Professional VAT Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 07107929. The registered office is 115 Billy Lows Lane, Potters Bar, Hertfordshire, EN6 1UY.
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.
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
33.3% on a straight line basis
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
495 
At 31 December 2023
495 
Depreciation
At 1 January 2023
495 
At 31 December 2023
495 
Net book value
At 31 December 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,891 
7,851 
Accrued income and prepayments
1,849 
1,625 
11,740 
9,476 
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Professional VAT Consultants Limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
7,427 
3,342 
Other creditors
124 
117 
Accruals
1,250 
1,200 
8,801 
4,659 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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