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Company Registration No. 12717897 (England and Wales)
Varotech Limited Unaudited accounts for the year ended 31 July 2024
Varotech Limited Unaudited accounts Contents
Page
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Varotech Limited Company Information for the year ended 31 July 2024
Director
Mr R Copping
Company Number
12717897 (England and Wales)
Registered Office
Moreton House 31 High Street Buckingham Bucks Mk18 1NU
Accountants
Anthistle Craven Moreton House 31 High Street Buckingham Bucks MK18 1NU
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Varotech Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,889 
1,827 
Current assets
Debtors
55,788 
38,887 
Cash at bank and in hand
245,149 
93,123 
300,937 
132,010 
Creditors: amounts falling due within one year
(74,906)
(30,012)
Net current assets
226,031 
101,998 
Total assets less current liabilities
231,920 
103,825 
Provisions for liabilities
Deferred tax
(1,472)
(347)
Net assets
230,448 
103,478 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
230,348 
103,378 
Shareholders' funds
230,448 
103,478 
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 28 August 2024 and were signed on its behalf by
Mr R Copping Director Company Registration No. 12717897
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Varotech Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Varotech Limited is a private company, limited by shares, registered in England and Wales, registration number 12717897. The registered office is Moreton House, 31 High Street, Buckingham, Bucks, Mk18 1NU.
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.
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:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
803 
- 
1,542 
2,345 
Additions
- 
321 
5,214 
5,535 
At 31 July 2024
803 
321 
6,756 
7,880 
Depreciation
At 1 August 2023
209 
- 
309 
518 
Charge for the year
119 
64 
1,290 
1,473 
At 31 July 2024
328 
64 
1,599 
1,991 
Net book value
At 31 July 2024
475 
257 
5,157 
5,889 
At 31 July 2023
594 
- 
1,233 
1,827 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
55,788 
38,887 
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Varotech Limited Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
9,491 
6,884 
Trade creditors
384 
384 
Taxes and social security
57,742 
17,255 
Loans from directors
5,289 
3,489 
Accruals
2,000 
2,000 
74,906 
30,012 
7
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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