Company Registration No. 05973168 (England and Wales)
Vanguard Developments Uk Limited
Unaudited accounts
for the year ended 31 October 2023
Vanguard Developments Uk Limited
Unaudited accounts
Contents
Vanguard Developments Uk Limited
Company Information
for the year ended 31 October 2023
Director
Mr Alexander Brian John Griffiths
Company Number
05973168 (England and Wales)
Registered Office
98 Somerton Drive
Birmingham
B23 5SS
England
Accountants
Sage Accounting Ltd
19 Lomond Close
Tamworth
Staffordshire
United Kingdom
B79 8ET
Vanguard Developments Uk Limited
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
1,933
1,929
Creditors: amounts falling due within one year
(18,791)
(16,950)
Net current liabilities
(13,553)
(9,328)
Total assets less current liabilities
(13,082)
(8,700)
Provisions for liabilities
Net liabilities
(13,082)
(8,819)
Called up share capital
2
2
Profit and loss account
(13,084)
(8,821)
Shareholders' funds
(13,082)
(8,819)
For the year ending 31 October 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 12 January 2024 and were signed on its behalf by
Mr Alexander Brian John Griffiths
Director
Company Registration No. 05973168
Vanguard Developments Uk Limited
Notes to the Accounts
for the year ended 31 October 2023
Vanguard Developments Uk Limited is a private company, limited by shares, registered in England and Wales, registration number 05973168. The registered office is 98 Somerton Drive, Birmingham, B23 5SS, England.
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.
These financial statements for the year ended 31 October 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Vanguard Developments Uk Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Accrued income and prepayments
-
101
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,954
3,220
Other creditors
10,532
10,000
Loans from directors
6,305
2,962
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).