Company Registration No. 12743947 (England and Wales)
Lead Vault Ltd
Unaudited accounts
for the year ended 31 July 2023
Lead Vault Ltd
Unaudited accounts
Contents
Lead Vault Ltd
Company Information
for the year ended 31 July 2023
Directors
Matthew Addis
Brigitta Orosz
Company Number
12743947 (England and Wales)
Registered Office
63-66 HATTON GARDENS
FIFTH FLOOR, SUITE 23
LONDON
EC1N 8LE
ENGLAND
Accountants
TJ UK Accounting Ltd
132 Penrith Avenue
Ashton under Lyne
Lancashire
OL7 9JQ
Lead Vault Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
10,725
8,194
Cash at bank and in hand
1,219
7,967
Creditors: amounts falling due within one year
(7,162)
(12,042)
Net current (liabilities)/assets
(5,943)
2,971
Called up share capital
1
1
Profit and loss account
4,781
11,164
Shareholders' funds
4,782
11,165
For the year ending 31 July 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 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 of Directors and authorised for issue on 3 April 2024 and were signed on its behalf by
Matthew Addis
Director
Company Registration No. 12743947
Lead Vault Ltd
Notes to the Accounts
for the year ended 31 July 2023
Lead Vault Ltd is a private company, limited by shares, registered in England and Wales, registration number 12743947. The registered office is 63-66 HATTON GARDENS, FIFTH FLOOR, SUITE 23, LONDON, EC1N 8LE, 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.
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
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2022
-
11,139
11,139
At 31 July 2023
5,213
11,139
16,352
At 1 August 2022
-
2,945
2,945
Charge for the year
1,043
1,639
2,682
At 31 July 2023
1,043
4,584
5,627
At 31 July 2023
4,170
6,555
10,725
At 31 July 2022
-
8,194
8,194
Lead Vault Ltd
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
7,162
12,042
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).