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REGISTERED NUMBER: 06600189 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

VEHICLE TECHNOLOGY SOLUTIONS LTD

VEHICLE TECHNOLOGY SOLUTIONS LTD (Registered number: 06600189)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

VEHICLE TECHNOLOGY SOLUTIONS LTD

Company Information
for the Year Ended 30 April 2024







DIRECTORS: R Bradford
S Young





REGISTERED OFFICE: 23 Mountside
Stanmore
Middlesex
HA7 2DS





REGISTERED NUMBER: 06600189 (England and Wales)





ACCOUNTANTS: KIAN & CO.
Chartered Accountants
23 Mountside
Stanmore
Middlesex
HA7 2DS

VEHICLE TECHNOLOGY SOLUTIONS LTD (Registered number: 06600189)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,960 47,493

CURRENT ASSETS
Debtors 5 171,003 302,051
Cash at bank and in hand 170,361 166,895
341,364 468,946
CREDITORS
Amounts falling due within one year 6 253,497 353,009
NET CURRENT ASSETS 87,867 115,937
TOTAL ASSETS LESS CURRENT
LIABILITIES

136,827

163,430

CREDITORS
Amounts falling due after more than one
year

7

(10,833

)

(20,833

)

PROVISIONS FOR LIABILITIES (12,240 ) (11,873 )
NET ASSETS 113,754 130,724

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 113,654 130,624
SHAREHOLDERS' FUNDS 113,754 130,724

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

VEHICLE TECHNOLOGY SOLUTIONS LTD (Registered number: 06600189)

Balance Sheet - continued
30 April 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by:





S Young - Director


VEHICLE TECHNOLOGY SOLUTIONS LTD (Registered number: 06600189)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

VEHICLE TECHNOLOGY SOLUTIONS LTD is a private company, limited by shares , registered in England and Wales. The company's registered 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 50% on reducing balance and 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 (2023 - 4 ) .

VEHICLE TECHNOLOGY SOLUTIONS LTD (Registered number: 06600189)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 83,775
Additions 20,133
Disposals (13,025 )
At 30 April 2024 90,883
DEPRECIATION
At 1 May 2023 36,282
Charge for year 16,348
Eliminated on disposal (10,707 )
At 30 April 2024 41,923
NET BOOK VALUE
At 30 April 2024 48,960
At 30 April 2023 47,493

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 170,804 302,051
Other debtors 199 -
171,003 302,051

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 171,042 293,395
Taxation and social security 39,874 27,416
Other creditors 32,581 22,198
253,497 353,009

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 10,833 20,833

8. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the year by Messrs R Bradford and S Young by virtue of the fact that they own all of the company's ordinary share capital.

VEHICLE TECHNOLOGY SOLUTIONS LTD

Report of the Accountants to the Directors of
VEHICLE TECHNOLOGY SOLUTIONS LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of VEHICLE TECHNOLOGY SOLUTIONS LTD ('The Company') for the year ended 30 April 2024 as set out on pages 3 to 6, which comprise of Profit and Loss Account, Balance Sheet, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of The Company, as a body, in accordance with the terms of our engagement letter dated 29 September 2018. Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Company and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that The Company has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of The Company. You consider that The Company is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of The Company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.






KIAN & CO.
Chartered Accountants
23 Mountside
Stanmore
Middlesex
HA7 2DS


21 August 2024