Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28No description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-03-0111true 11803077 2022-03-01 2023-02-28 11803077 2021-03-01 2022-02-28 11803077 2023-02-28 11803077 2022-02-28 11803077 c:Director2 2022-03-01 2023-02-28 11803077 d:OfficeEquipment 2023-02-28 11803077 d:OfficeEquipment 2022-02-28 11803077 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 11803077 d:CurrentFinancialInstruments 2023-02-28 11803077 d:CurrentFinancialInstruments 2022-02-28 11803077 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 11803077 c:FullAccounts 2022-03-01 2023-02-28 11803077 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 11803077 c:Micro-entities 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 11803077









VICTORY NATURAL RESOURCES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
VICTORY NATURAL RESOURCES LIMITED
REGISTERED NUMBER: 11803077

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

  

Fixed assets
 2 
418
558

Current assets
 3,4 
44,651
76,314

Creditors: amounts falling due within one year
 5 
(15,712)
(34,361)

Net current assets
  
 
 
28,939
 
 
41,953

Total assets less current liabilities
  
29,357
42,511

  

Net assets
  
29,357
42,511


  

Capital and reserves
  
29,357
42,511


Notes


General information

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

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
Director

Date: 7 March 2024

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

 
1.1

Basis of preparation of financial statements

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.


2.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 March 2022
991



At 28 February 2023

991



Depreciation


At 1 March 2022
433


Charge for the year on owned assets
140



At 28 February 2023

573



Net book value



At 28 February 2023
418



At 28 February 2022
558


3.


Debtors

2023
2022
£
£


Trade debtors
4,000
4,000

Other debtors
39,306
67,884

43,306
71,884


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VICTORY NATURAL RESOURCES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
1,345
4,430

1,345
4,430



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Accruals and deferred income
3,900
3,900

Other creditors
3,136
3,523

Corporation tax
8,676
26,938

15,712
34,361



6.


Transactions with directors

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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