Acorah Software Products - Accounts Production 14.5.501 false true 31 March 2022 1 April 2021 false 1 April 2022 30 March 2023 30 March 2023 12532906 Xin Jin Matthew Jonathan Clearfield Batdelger Battsengee Xin Jin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12532906 2022-03-31 12532906 2023-03-30 12532906 2022-04-01 2023-03-30 12532906 frs-core:Non-currentFinancialInstruments 2023-03-30 12532906 frs-core:ShareCapital 2023-03-30 12532906 frs-core:RetainedEarningsAccumulatedLosses 2023-03-30 12532906 frs-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-30 12532906 frs-bus:FilletedAccounts 2022-04-01 2023-03-30 12532906 frs-bus:SmallEntities 2022-04-01 2023-03-30 12532906 frs-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-30 12532906 frs-bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-30 12532906 frs-core:UnlistedNon-exchangeTraded 2023-03-30 12532906 frs-core:UnlistedNon-exchangeTraded 2022-03-31 12532906 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-03-31 12532906 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-30 12532906 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-30 12532906 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-03-31 12532906 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-30 12532906 frs-bus:Director1 2022-04-01 2023-03-30 12532906 frs-bus:Director2 2022-04-01 2023-03-30 12532906 frs-bus:Director3 2022-04-01 2023-03-30 12532906 frs-bus:CompanySecretary1 2022-04-01 2023-03-30 12532906 frs-countries:EnglandWales 2022-04-01 2023-03-30 12532906 2021-03-31 12532906 2022-03-31 12532906 2021-04-01 2022-03-31 12532906 frs-core:Non-currentFinancialInstruments 2022-03-31 12532906 frs-core:ShareCapital 2022-03-31 12532906 frs-core:RetainedEarningsAccumulatedLosses 2022-03-31
Registered number: 12532906
VANDELAY INDUSTRIES MANAGEMENT LTD
Unaudited Financial Statements
For The Year Ended 30 March 2023
Wizz Accounting Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12532906
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 79,750 29,245
79,750 29,245
CURRENT ASSETS
Cash at bank and in hand 37,066 117,349
37,066 117,349
NET CURRENT ASSETS (LIABILITIES) 37,066 117,349
TOTAL ASSETS LESS CURRENT LIABILITIES 116,816 146,594
Creditors: Amounts Falling Due After More Than One Year 5 (147,386 ) (147,386 )
NET LIABILITIES (30,570 ) (792 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (30,571 ) (793 )
SHAREHOLDERS' FUNDS (30,570) (792)
Page 1
Page 2
For the year ending 30 March 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Matthew Jonathan Clearfield
Director
29 March 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
VANDELAY INDUSTRIES MANAGEMENT LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12532906 . The registered office is Kemp House, 160 City Road, London, EC1V 2NX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Foreign Currencies
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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Investments
Unlisted
£
Cost
As at 1 April 2022 29,245
Additions 50,505
As at 30 March 2023 79,750
Provision
As at 1 April 2022 -
As at 30 March 2023 -
Net Book Value
As at 30 March 2023 79,750
As at 1 April 2022 29,245
5. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 147,386 147,386
Page 3
Page 4
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4