Company Registration No. 04930131 (England and Wales)
Vendula London Limited
Filleted accounts
for the year ended 31 October 2023
Vendula London Limited
Statement of financial position
as at 31 October 2023
Tangible assets
37,518
70,397
Inventories
389,160
389,160
Cash at bank and in hand
614,822
689,197
Creditors: amounts falling due within one year
(750,761)
(230,613)
Net current assets
1,477,233
1,485,063
Total assets less current liabilities
1,523,219
1,555,460
Creditors: amounts falling due after more than one year
(489,746)
(672,626)
Net assets
1,033,473
882,834
Called up share capital
38,001
38,001
Profit and loss account
995,472
844,833
Shareholders' funds
1,033,473
882,834
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 31 July 2024 and were signed on its behalf by
Raymond Siu Kong Lam
Director
Company Registration No. 04930131
Vendula London Limited
Notes to the Accounts
for the year ended 31 October 2023
Vendula London Limited is a private company, limited by shares, registered in England and Wales, registration number 04930131. The registered office is Unit 6b Thane Works, Thane Villas, London, N7 7NU, 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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Vendula London Limited
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
5,977
222,414
-
228,391
At 31 October 2023
5,977
222,414
1,970
230,361
At 1 November 2022
4,813
153,181
-
157,994
Charge for the year
233
34,616
-
34,849
At 31 October 2023
5,046
187,797
-
192,843
At 31 October 2023
931
34,617
1,970
37,518
At 31 October 2022
1,164
69,233
-
70,397
Amounts falling due within one year
Trade debtors
926,822
610,091
Other debtors
297,190
27,228
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
59,169
33,141
Other creditors
691,592
125,603
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
489,746
672,626
9
Average number of employees
During the year the average number of employees was 18 (2022: 15).