Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09878446 Mr Vygandas Janavicius iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09878446 2022-11-30 09878446 2023-11-30 09878446 2022-12-01 2023-11-30 09878446 frs-core:CurrentFinancialInstruments 2023-11-30 09878446 frs-core:Non-currentFinancialInstruments 2023-11-30 09878446 frs-core:ComputerEquipment 2023-11-30 09878446 frs-core:ComputerEquipment 2022-12-01 2023-11-30 09878446 frs-core:ComputerEquipment 2022-11-30 09878446 frs-core:MotorVehicles 2023-11-30 09878446 frs-core:MotorVehicles 2022-12-01 2023-11-30 09878446 frs-core:MotorVehicles 2022-11-30 09878446 frs-core:PlantMachinery 2023-11-30 09878446 frs-core:PlantMachinery 2022-12-01 2023-11-30 09878446 frs-core:PlantMachinery 2022-11-30 09878446 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09878446 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09878446 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09878446 frs-bus:SmallEntities 2022-12-01 2023-11-30 09878446 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09878446 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09878446 frs-bus:Director1 2022-12-01 2023-11-30 09878446 frs-countries:EnglandWales 2022-12-01 2023-11-30 09878446 2021-11-30 09878446 2022-11-30 09878446 2021-12-01 2022-11-30 09878446 frs-core:CurrentFinancialInstruments 2022-11-30 09878446 frs-core:Non-currentFinancialInstruments 2022-11-30 09878446 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 09878446
Vikes-Electric&Plumbing Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09878446
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 63,797 85,857
63,797 85,857
CURRENT ASSETS
Debtors 5 15,746 16,687
Cash at bank and in hand 13,500 22,091
29,246 38,778
Creditors: Amounts Falling Due Within One Year 6 (23,998 ) (26,512 )
NET CURRENT ASSETS (LIABILITIES) 5,248 12,266
TOTAL ASSETS LESS CURRENT LIABILITIES 69,045 98,123
Creditors: Amounts Falling Due After More Than One Year 7 (30,833 ) (40,833 )
NET ASSETS 38,212 57,290
Profit and Loss Account 38,212 57,290
SHAREHOLDERS' FUNDS 38,212 57,290
Page 1
Page 2
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
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
Mr Vygandas Janavicius
Director
14th July 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
Vikes-Electric&Plumbing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09878446 . The registered office is 66 Central Drive, Hornchurch, Essex, RM12 6BA.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery Depreciated Over their useful life of 4 Years
Motor Vehicles Depreciated over their useful life of 5 Years
Computer Equipment Depreciated over their useful life of 5 Years
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2022 840 153,721 9,377 163,938
As at 30 November 2023 840 153,721 9,377 163,938
Depreciation
As at 1 December 2022 840 67,901 9,340 78,081
Provided during the period - 22,060 - 22,060
As at 30 November 2023 840 89,961 9,340 100,141
Net Book Value
As at 30 November 2023 - 63,760 37 63,797
As at 1 December 2022 - 85,820 37 85,857
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 2,220 4,921
VAT 6,772 4,763
Other taxes and social security 6,754 7,003
15,746 16,687
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 295 7,080
Bank loans and overdrafts - 135
Director's loan account 23,703 19,297
23,998 26,512
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 30,833 40,833
8. Share Capital
2023 2022
£ £
Page 4