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Company Registration No. 04422923 (England and Wales)
Voiptec Limited Unaudited accounts for the year ended 31 December 2023
Voiptec Limited Unaudited accounts Contents
Page
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Voiptec Limited Company Information for the year ended 31 December 2023
Director
Timothy James Cross
Company Number
04422923 (England and Wales)
Registered Office
Flat 5 174 West Hill Putney London SW15 3SL
Accountants
Evans Entwistle 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Voiptec Limited for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Voiptec Limited for the year ended 31 December 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA 22 September 2024
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Voiptec Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,629 
2,353 
Current assets
Debtors
20,115 
18,616 
Cash at bank and in hand
18,971 
11,621 
39,086 
30,237 
Creditors: amounts falling due within one year
(8,399)
(11,475)
Net current assets
30,687 
18,762 
Total assets less current liabilities
32,316 
21,115 
Creditors: amounts falling due after more than one year
(12,412)
(274)
Provisions for liabilities
Deferred tax
(310)
- 
Net assets
19,594 
20,841 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
19,592 
20,839 
Shareholders' funds
19,594 
20,841 
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.
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 22 September 2024 and were signed on its behalf by
Timothy James Cross Director Company Registration No. 04422923
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Voiptec Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Voiptec Limited is a private company, limited by shares, registered in England and Wales, registration number 04422923. The registered office is Flat 5, 174 West Hill, Putney, London, SW15 3SL.
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. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
5 years
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Voiptec Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
8,340 
At 31 December 2023
8,340 
Depreciation
At 1 January 2023
5,987 
Charge for the year
724 
At 31 December 2023
6,711 
Net book value
At 31 December 2023
1,629 
At 31 December 2022
2,353 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,389 
16,119 
Accrued income and prepayments
2,118 
2,497 
12,507 
18,616 
Amounts falling due after more than one year
Other debtors
7,608 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,944 
3,180 
Trade creditors
- 
559 
Taxes and social security
5,418 
6,909 
Other creditors
37 
77 
Accruals
1,000 
750 
8,399 
11,475 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
12,412 
274 
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Voiptec Limited Notes to the Accounts for the year ended 31 December 2023
8
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
310 
- 
2023 
2022 
£ 
£ 
Charged to the profit and loss account
310 
- 
Provision at end of year
310 
- 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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