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REGISTERED NUMBER: 03272183 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

VIRTUAL OFFICE SERVICES LIMITED

VIRTUAL OFFICE SERVICES LIMITED (REGISTERED NUMBER: 03272183)

Contents of the Financial Statements
for the year ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VIRTUAL OFFICE SERVICES LIMITED

Company Information
for the year ended 30 November 2023







Director: A C F Nissen





Secretary: A C F Nissen





Registered office: 4th Floor, 49 St James's Street
London
SW1A 1AH





Registered number: 03272183 (England and Wales)





Accountants: Cooper Parry Advisory Limited
Aissela
46 High Street
Esher
Surrey
KT10 9QY

VIRTUAL OFFICE SERVICES LIMITED (REGISTERED NUMBER: 03272183)

Balance Sheet
30 November 2023

2023 2022
Notes £ £
Current assets
Debtors 4 82,519 117,348

Creditors
Amounts falling due within one year 5 94,827 104,491
Net current (liabilities)/assets (12,308 ) 12,857
Total assets less current liabilities (12,308 ) 12,857

Capital and reserves
Called up share capital 6 2 2
Retained earnings (12,310 ) 12,855
Shareholders' funds (12,308 ) 12,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 August 2024 and were signed by:





A C F Nissen - Director


VIRTUAL OFFICE SERVICES LIMITED (REGISTERED NUMBER: 03272183)

Notes to the Financial Statements
for the year ended 30 November 2023


1. Statutory information

Virtual Office Services Limited is a private company, limited by shares, registered in the United Kingdom. The company's registered office number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating bad debt provisions. A full line by line review of trade and other debtors is carried out regularly. Whilst every attempt is made to ensure that the bad debt provisions are as accurate as possible, there remains a risk that the provisions do not match the level of debts which ultimately prove to be uncollectable.

Turnover
Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax and trade discounts. Turnover is recognised when the services have been provided.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation
Taxation for the year comprises current tax.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 5 (2022 - 5 ) .

4. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 30,812 29,771
Amounts owed by group undertakings 48,955 83,890
Prepayments and accrued income 2,752 3,687
82,519 117,348

VIRTUAL OFFICE SERVICES LIMITED (REGISTERED NUMBER: 03272183)

Notes to the Financial Statements - continued
for the year ended 30 November 2023


5. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 1,624 1,073
Other creditors 93,203 102,910
Accrued expenses - 508
94,827 104,491

6. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
2 Ordinary £1 2 2

7. Ultimate parent company

The company's ultimate parent undertaking is The Virtual Office Group Limited, a company incorporated in England and Wales.