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Company Registration No. 08320509 (England and Wales)
VONVIL JUNK LTD Unaudited accounts for the year ended 31 December 2023
VONVIL JUNK LTD Unaudited accounts Contents
Page
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VONVIL JUNK LTD Company Information for the year ended 31 December 2023
Director
Mr.Gayan Duminda Dahanayake
Company Number
08320509 (England and Wales)
Registered Office
UNIT 16 INTERNATIONAL HOUSE CRAY AVENUE ORPINGTON BR5 3RS ENGLAND
Accountants
Philip Nolan Accountants Unit 16, International House Cray Avenue Orpington BR5 3RS
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VONVIL JUNK LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,600 
4,500 
Tangible assets
9,761 
11,838 
13,361 
16,338 
Current assets
Debtors
23,806 
19,287 
Cash at bank and in hand
7,856 
6,685 
31,662 
25,972 
Creditors: amounts falling due within one year
(55,055)
(27,618)
Net current liabilities
(23,393)
(1,646)
Total assets less current liabilities
(10,032)
14,692 
Creditors: amounts falling due after more than one year
(37,000)
(37,000)
Net liabilities
(47,032)
(22,308)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(47,132)
(22,408)
Shareholders' funds
(47,032)
(22,308)
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 10 May 2024 and were signed on its behalf by
Mr.Gayan Duminda Dahanayake Director Company Registration No. 08320509
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VONVIL JUNK LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
VONVIL JUNK LTD is a private company, limited by shares, registered in England and Wales, registration number 08320509. The registered office is UNIT 16 INTERNATIONAL HOUSE, CRAY AVENUE, ORPINGTON, BR5 3RS, ENGLAND.
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 recognized 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 recognized 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortization and any accumulative impairment losses.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost.Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,over the useful economic life of that asset as follows: Fixtures & Fittings-15% (Reducing balance method) Motor Vehicles-20% (Reducing balance method) Equipment-15% (Reducing balance method)
Amortization
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value,over the useful economic life of that asset as follows: Web site - 15 years on straight line basis
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VONVIL JUNK LTD Notes to the Accounts for the year ended 31 December 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
13,500 
At 31 December 2023
13,500 
Amortisation
At 1 January 2023
9,000 
Charge for the year
900 
At 31 December 2023
9,900 
Net book value
At 31 December 2023
3,600 
At 31 December 2022
4,500 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
18,191 
41,180 
3,000 
62,371 
At 31 December 2023
18,191 
41,180 
3,000 
62,371 
Depreciation
At 1 January 2023
13,194 
35,177 
2,162 
50,533 
Charge for the year
750 
1,201 
126 
2,077 
At 31 December 2023
13,944 
36,378 
2,288 
52,610 
Net book value
At 31 December 2023
4,247 
4,802 
712 
9,761 
At 31 December 2022
4,997 
6,003 
838 
11,838 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
22,654 
18,135 
Accrued income and prepayments
1,152 
1,152 
23,806 
19,287 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
15,118 
8,103 
Taxes and social security
6,549 
6,128 
Loans from directors
33,388 
13,387 
55,055 
27,618 
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VONVIL JUNK LTD Notes to the Accounts for the year ended 31 December 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
37,000 
37,000 
The £ 37,000 amount in the bank loans represent the bounce back loan.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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