Company Registration No. 09386143 (England and Wales)
VICTORS AND FORD LTD.
Unaudited accounts
for the year ended 31 January 2023
VICTORS AND FORD LTD.
Unaudited accounts
Contents
VICTORS AND FORD LTD.
Company Information
for the year ended 31 January 2023
Company Number
09386143 (England and Wales)
Registered Office
1377 Pershore Road Pershore Road
Stirchley,Birmingham
West Midlands
B302JR
United Kingdom
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
VICTORS AND FORD LTD.
Statement of financial position
as at 31 January 2023
Cash at bank and in hand
27,912
15,858
Creditors: amounts falling due within one year
(26,163)
(22,110)
Net current assets/(liabilities)
1,749
(474)
Called up share capital
1
1
Profit and loss account
2,323
292
Shareholders' funds
2,324
293
For the year ending 31 January 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 17 February 2024 and were signed on its behalf by
M H Shah
Director
Company Registration No. 09386143
VICTORS AND FORD LTD.
Notes to the Accounts
for the year ended 31 January 2023
VICTORS AND FORD LTD. is a private company, limited by shares, registered in England and Wales, registration number 09386143. The registered office is 1377 Pershore Road Pershore Road, Stirchley,Birmingham , West Midlands, B302JR, 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.
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 % Reducing balance
Computer equipment
25 % Reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2022
1,314
2,999
4,313
At 31 January 2023
1,314
2,999
4,313
At 1 February 2022
547
2,999
3,546
Charge for the year
192
-
192
At 31 January 2023
739
2,999
3,738
At 31 January 2023
575
-
575
At 31 January 2022
767
-
767
Amounts falling due within one year
VICTORS AND FORD LTD.
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
7,604
10,967
Taxes and social security
11,900
11,143
Loans from directors
5,495
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Current accounts
28,346
(43,383)
(9,542)
(5,495)
28,346
(43,383)
(9,542)
(5,495)
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).