Company Registration No. 07607533 (England and Wales)
VMNS Limited
Unaudited accounts
for the year ended 30 April 2023
VMNS Limited
Statement of financial position
as at 30 April 2023
Tangible assets
91,014
85,074
Cash at bank and in hand
23,815
46,156
Creditors: amounts falling due within one year
(52,649)
50,809
Net current (liabilities)/assets
(28,834)
96,965
Total assets less current liabilities
62,180
182,039
Creditors: amounts falling due after more than one year
(87,286)
(37,768)
Net (liabilities)/assets
(25,106)
144,271
Called up share capital
100
100
Profit and loss account
(25,206)
144,171
Shareholders' funds
(25,106)
144,271
For the year ending 30 April 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 31 July 2024 and were signed on its behalf by
Diana Cummings
Director
Company Registration No. 07607533
VMNS Limited
Notes to the Accounts
for the year ended 30 April 2023
VMNS Limited is a private company, limited by shares, registered in England and Wales, registration number 07607533. The registered office is 8 Coniston Close, Chester Le Street, DH2 3DW, 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 30 April 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 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:
Land & buildings
2% Straight Line
Plant & machinery
15% Straight Line
Fixtures & fittings
10% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
VMNS Limited
Notes to the Accounts
for the year ended 30 April 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2022
90,000
215
31,049
121,264
At 30 April 2023
90,000
215
39,344
129,559
At 1 May 2022
9,000
215
26,975
36,190
Charge for the year
1,620
-
735
2,355
At 30 April 2023
10,620
215
27,710
38,545
At 30 April 2023
79,380
-
11,634
91,014
At 30 April 2022
81,000
-
4,074
85,074
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
14,800
14,800
Taxes and social security
21,445
22,004
Loans from directors
-
(87,613)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 21 (2022: 21).