Company Registration No. 07884788 (England and Wales)
Vehicle Integration Products Ltd
Unaudited accounts
for the year ended 31 December 2023
Vehicle Integration Products Ltd
Unaudited accounts
Contents
Vehicle Integration Products Ltd
Company Information
for the year ended 31 December 2023
Company Number
07884788 (England and Wales)
Registered Office
UNIT 18D KINGSWAY BUILDINGS
BRIDGEND INDUSTRIAL ESTATE
BRIDGEND
CF31 3YH
WALES
Accountants
Asem Din ACMA
Hughes Isaac and Co
86 Newpor Road
Caldicot
NP26 4BR
Vehicle Integration Products Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
116,398
90,791
Cash at bank and in hand
315,885
314,390
Creditors: amounts falling due within one year
(188,548)
(206,250)
Net current assets
240,603
329,221
Total assets less current liabilities
357,001
420,012
Creditors: amounts falling due after more than one year
(12,604)
(66,117)
Net assets
344,397
353,895
Called up share capital
100
100
Profit and loss account
344,297
353,795
Shareholders' funds
344,397
353,895
For the year ending 31 December 2023 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.
The members have agreed to the preparation of abridged accounts for the year 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 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 31 August 2024 and were signed on its behalf by
Julian Harvey
Director
Company Registration No. 07884788
Vehicle Integration Products Ltd
Notes to the Accounts
for the year ended 31 December 2023
Vehicle Integration Products Ltd is a private company, limited by shares, registered in England and Wales, registration number 07884788. The registered office is UNIT 18D KINGSWAY BUILDINGS, BRIDGEND INDUSTRIAL ESTATE, BRIDGEND, CF31 3YH, WALES.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
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Tangible fixed assets
Total
At 31 December 2023
205,529
Charge for the year
36,600
At 31 December 2023
89,131
At 31 December 2023
116,398
At 31 December 2022
90,791
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Average number of employees
During the year the average number of employees was 2 (2022: 2).