03023978falsethat of vehicle inspectors2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/cd:CompanySecretary12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-12-31http://www.companieshouse.gov.uk/cd:Director12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-01-012023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-12-31http://www.companieshouse.gov.uk/2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/cd:FRS1022023-01-012023-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-01-012023-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03023978

Vehicle Inspection Professionals Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023

Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

Vehicle Inspection Professionals Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
DIRECTORS
Mrs J Champelovier
SECRETARY
Ms R Moss
REGISTERED OFFICE
31-32 High Street
Wellingborough
Northants
NN8 4HL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03023978
ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

Vehicle Inspection Professionals Limited

ACCOUNTS
FOR THEYEARENDED31/12/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Vehicle Inspection Professionals Limited

BALANCE SHEET AT 31/12/2023
20232022
Notes££
FIXED ASSETS
Tangible assets3123164
CURRENT ASSETS
Debtors410,16112,818
Cash at bank and in hand6,5914,308
16,75217,126
CREDITORS: Amounts falling due within one year59,7838,124
NET CURRENT ASSETS6,9699,002
TOTAL ASSETS LESS CURRENT LIABILITIES7,0929,166
CREDITORS: Amounts falling due after more than one year66,2218,980
NET ASSETS871186
CAPITAL AND RESERVES
Called up share capital722
Profit and loss account869184
SHAREHOLDERS' FUNDS871186
For the year ending 31/12/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 12/08/2024 and signed on their behalf by
.............................
Mrs J Champelovier
Director

Vehicle Inspection Professionals Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20232022
No.No.
Average number of employees23
3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/01/20234,3724,372
At 31/12/20234,3724,372
Depreciation
At 01/01/20234,2084,208
For the year4141
At 31/12/20234,2494,249
Net Book Amounts
At 31/12/2023123123
At 31/12/2022164164

Vehicle Inspection Professionals Limited

4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors5801,095
PAYE control206388
Other debtors724194
Directors current account8,65111,141
10,16112,818
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax5,3333,674
Loans2,7002,700
Accruals1,7501,750
9,7838,124
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Loans >1yr6,2218,980
6,2218,980
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
New shares issued during period:
1 Ordinary shares of £1 each11