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Company Registration No. 03934064 (England and Wales)
VITEC WEBBER LENIHAN LIMITED Unaudited accounts for the year ended 31 May 2024
VITEC WEBBER LENIHAN LIMITED Unaudited accounts Contents
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VITEC WEBBER LENIHAN LIMITED Company Information for the year ended 31 May 2024
Directors
G Harris S Toogood
Company Number
03934064 (England and Wales)
Registered Office
7 VILLAGE WAY TONGWYNLAIS CARDIFF CF15 7NE WALES
Accountants
STAS Ltd 253 Cowbridge Road West Cardiff CF5 5TD
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VITEC WEBBER LENIHAN LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
35,000 
40,000 
Tangible assets
66,106 
58,230 
Investment property
519,194 
516,344 
620,300 
614,574 
Current assets
Inventories
- 
4,200 
Debtors
169,603 
196,468 
Cash at bank and in hand
446,618 
571,083 
616,221 
771,751 
Creditors: amounts falling due within one year
(117,341)
(151,969)
Net current assets
498,880 
619,782 
Total assets less current liabilities
1,119,180 
1,234,356 
Creditors: amounts falling due after more than one year
(1,526)
(10,684)
Net assets
1,117,654 
1,223,672 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,117,554 
1,223,572 
Shareholders' funds
1,117,654 
1,223,672 
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by
G Harris Director Company Registration No. 03934064
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VITEC WEBBER LENIHAN LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
VITEC WEBBER LENIHAN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03934064. The registered office is 7 VILLAGE WAY, TONGWYNLAIS, CARDIFF, CF15 7NE, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
12.5% on cost
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Investment property
Investment property is included at cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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VITEC WEBBER LENIHAN LIMITED Notes to the Accounts for the year ended 31 May 2024
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2023
100,000 
At 31 May 2024
100,000 
Amortisation
At 1 June 2023
60,000 
Charge for the year
5,000 
At 31 May 2024
65,000 
Net book value
At 31 May 2024
35,000 
At 31 May 2023
40,000 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 June 2023
199,771 
46,008 
36,300 
50,715 
332,794 
Additions
- 
- 
64,583 
- 
64,583 
At 31 May 2024
199,771 
46,008 
100,883 
50,715 
397,377 
Depreciation
At 1 June 2023
174,771 
40,812 
16,075 
42,906 
274,564 
Charge for the year
25,000 
5,196 
18,702 
7,809 
56,707 
At 31 May 2024
199,771 
46,008 
34,777 
50,715 
331,271 
Net book value
At 31 May 2024
- 
- 
66,106 
- 
66,106 
At 31 May 2023
25,000 
5,196 
20,225 
7,809 
58,230 
6
Investment property
2024 
£ 
Fair value at 1 June 2023
516,344 
Additions
2,850 
At 31 May 2024
519,194 
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VITEC WEBBER LENIHAN LIMITED Notes to the Accounts for the year ended 31 May 2024
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
143,282 
187,994 
Accrued income and prepayments
10,994 
8,474 
Other debtors
15,327 
- 
169,603 
196,468 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
69,566 
79,540 
Obligations under finance leases and hire purchase contracts
9,158 
9,157 
Trade creditors
20,686 
8,567 
Taxes and social security
8,731 
45,746 
Other creditors
1,913 
2,066 
Loans from directors
3,687 
3,293 
Accruals
3,600 
3,600 
117,341 
151,969 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
1,526 
10,684 
10
Average number of employees
During the year the average number of employees was 8 (2023: 8).
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