Company Registration No. 09913137 (England and Wales)
VIP Matchdays Ltd
Unaudited accounts
for the year ended 31 December 2023
VIP Matchdays Ltd
Unaudited accounts
Contents
VIP Matchdays Ltd
Company Information
for the year ended 31 December 2023
Company Number
09913137 (England and Wales)
Registered Office
2 Exeter Street
New Village Road
Cottingham
HU16 4LU
England
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
VIP Matchdays Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
7,688
3,435
Cash at bank and in hand
34,504
6,769
Creditors: amounts falling due within one year
(106,722)
(28,973)
Net current assets
21,371
26,113
Total assets less current liabilities
29,059
29,548
Creditors: amounts falling due after more than one year
(77,264)
(36,871)
Net liabilities
(48,205)
(7,323)
Called up share capital
100
100
Profit and loss account
(48,305)
(7,423)
Shareholders' funds
(48,205)
(7,323)
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 her 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 23 September 2024 and were signed on its behalf by
Ms L C Miller
Director
Company Registration No. 09913137
VIP Matchdays Ltd
Notes to the Accounts
for the year ended 31 December 2023
VIP Matchdays Ltd is a private company, limited by shares, registered in England and Wales, registration number 09913137. The registered office is 2 Exeter Street , New Village Road, Cottingham, HU16 4LU, 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.
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.
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
20% Cost
Fixtures & fittings
10% Cost
Computer equipment
33% Cost
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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 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.
VIP Matchdays Ltd
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2023
440
1,900
1,439
5,347
9,126
Additions
-
-
-
7,391
7,391
At 31 December 2023
440
1,900
1,439
12,738
16,517
At 1 January 2023
440
558
847
3,846
5,691
Charge for the year
-
300
89
2,749
3,138
At 31 December 2023
440
858
936
6,595
8,829
At 31 December 2023
-
1,042
503
6,143
7,688
At 31 December 2022
-
1,342
592
1,501
3,435
Amounts falling due within one year
Trade debtors
26,421
20,096
Amounts due from group undertakings etc.
67,168
28,220
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
11,284
6,618
Trade creditors
58,442
10,881
Other creditors
24,808
10,746
Loans from directors
45
341
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
VIP Matchdays Ltd
Notes to the Accounts
for the year ended 31 December 2023
9
Transactions with related parties
As at the year end 31st December 2023 the company Match Marketing UK Ltd owes the company VIP Matchdays Ltd £67,168. This amount is interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 7 (2022: 5).