Company Registration No. 05665915 (England and Wales)
VITUS AUTO LTD
Unaudited accounts
for the year ended 31 December 2023
VITUS AUTO LTD
Unaudited accounts
Contents
VITUS AUTO LTD
Company Information
for the year ended 31 December 2023
Company Number
05665915 (England and Wales)
Registered Office
471-475 WAKEFIELD ROAD
WAKEFIELD
WEST YORKSHIRE
WF15 6BL
Accountants
AAC Chartered Accountants
Unit 2, Batley Business Park
Technology Drive
BATLEY
WEST YORKSHIRE
WF17 6ER
VITUS AUTO LTD
Statement of financial position
as at 31 December 2023
Intangible assets
7,225
10,625
Tangible assets
17,508
24,958
Inventories
70,098
170,098
Cash at bank and in hand
433,865
675,459
Creditors: amounts falling due within one year
(397,095)
(418,925)
Net current assets
106,868
426,632
Total assets less current liabilities
131,601
462,215
Creditors: amounts falling due after more than one year
-
(59,000)
Net assets
131,601
403,215
Called up share capital
100
100
Profit and loss account
131,501
403,115
Shareholders' funds
131,601
403,215
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 23 September 2024 and were signed on its behalf by
A Nazir
Director
Company Registration No. 05665915
VITUS AUTO LTD
Notes to the Accounts
for the year ended 31 December 2023
VITUS AUTO LTD is a private company, limited by shares, registered in England and Wales, registration number 05665915. The registered office is 471-475 WAKEFIELD ROAD, WAKEFIELD, WEST YORKSHIRE, WF15 6BL.
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.
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:
Motor vehicles
20% on a reducing balance basis
Fixtures & fittings
10% on a reducing balance basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 31 December 2023
68,000
At 31 December 2023
60,775
At 31 December 2022
10,625
VITUS AUTO LTD
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2023
48,265
25,000
73,265
At 31 December 2023
48,265
25,000
73,265
At 1 January 2023
27,482
20,825
48,307
Charge for the year
6,928
522
7,450
At 31 December 2023
34,410
21,347
55,757
At 31 December 2023
13,855
3,653
17,508
At 31 December 2022
20,783
4,175
24,958
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
361,881
389,911
Taxes and social security
35,214
29,014
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
-
59,000
8
Average number of employees
During the year the average number of employees was 11 (2022: 11).