V I CORPORATE LTD

Company Registration Number:
05525008 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

V I CORPORATE LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

V I CORPORATE LTD

Company Information

for the Period Ended 31 December 2023




Director: V Ioannou
Secretary: V Ioannou
Registered office: Unit 2
Redburn Industrial Estate, Woodall Road
Enfield
England
EN3 4LE
Company Registration Number: 05525008 (England and Wales)

V I CORPORATE LTD

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 395,000 395,000
Total fixed assets: 395,000 395,000
Current assets
Debtors: 151,625 5,050
Cash at bank and in hand: 11,593 13,580
Total current assets: 163,218 18,630
Creditors: amounts falling due within one year: ( 134,884 ) ( 54,519 )
Net current assets (liabilities): 28,334 ( 35,889 )
Total assets less current liabilities: 423,334 359,111
Creditors: amounts falling due after more than one year: ( 1,054,000 ) ( 1,054,000 )
Total net assets (liabilities): ( 630,666 ) ( 694,889 )

The notes form part of these financial statements

V I CORPORATE LTD

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 250,000 250,000
Revaluation reserve: 5 195,000 195,000
Profit and loss account: ( 1,075,666 ) ( 1,139,889 )
Shareholders funds: ( 630,666 ) ( 694,889 )

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 2 September 2024
And Signed On Behalf Of The Board By:

Name: V Ioannou
Status: Director

The notes form part of these financial statements

V I CORPORATE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The company's principal activity during the year continued to be that of accountancy, secretarial and professional services

V I CORPORATE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

V I CORPORATE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

V I CORPORATE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 395,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2023 395,000
Depreciation
At 01 January 2023 -
Charge for year -
On disposals -
Other adjustments -
At 31 December 2023 -
Net book value
At 31 December 2023 395,000
At 31 December 2022 395,000

V I CORPORATE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Revaluation reserve


2023
£
Balance at 01 January 2023 195,000
Surplus or deficit after revaluation 0
Balance at 31 December 2023 195,000