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REGISTERED NUMBER: 05389725 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

V6E LIMITED

V6E LIMITED (REGISTERED NUMBER: 05389725)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


V6E LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Ms C A Bain
N P Scott





SECRETARY: Ms C A Bain





REGISTERED OFFICE: Unit 6A Severnside Trading Estate
St Andrews Road
Avonmouth
Bristol
BS11 9EB





REGISTERED NUMBER: 05389725 (England and Wales)





ACCOUNTANTS: Keller & Co
367b Church Road
Frampton Cotterell
Bristol
BS36 2AQ

V6E LIMITED (REGISTERED NUMBER: 05389725)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 569,867 528,211
569,867 528,211

CURRENT ASSETS
Stocks 600,250 350,417
Debtors 6 317,362 199,919
Cash at bank and in hand 866,729 972,360
1,784,341 1,522,696
CREDITORS
Amounts falling due within one year 7 (674,207 ) (440,862 )
NET CURRENT ASSETS 1,110,134 1,081,834
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,680,001

1,610,045

CREDITORS
Amounts falling due after more than one
year

8

-

(100,984

)

PROVISIONS FOR LIABILITIES (34,178 ) -
NET ASSETS 1,645,823 1,509,061

CAPITAL AND RESERVES
Called up share capital 1,766 1,766
Retained earnings 1,644,057 1,507,295
1,645,823 1,509,061

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

V6E LIMITED (REGISTERED NUMBER: 05389725)

BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:





Ms C A Bain - Director


V6E LIMITED (REGISTERED NUMBER: 05389725)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

V6E Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property
Plant and machinery etc - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

V6E LIMITED (REGISTERED NUMBER: 05389725)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2023
and 31 December 2023 20,000
AMORTISATION
At 1 January 2023
and 31 December 2023 20,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 406,212 350,187 756,399
Additions - 77,472 77,472
At 31 December 2023 406,212 427,659 833,871
DEPRECIATION
At 1 January 2023 - 228,188 228,188
Charge for year - 35,816 35,816
At 31 December 2023 - 264,004 264,004
NET BOOK VALUE
At 31 December 2023 406,212 163,655 569,867
At 31 December 2022 406,212 121,999 528,211

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 300,245 180,736
Other debtors 17,117 19,183
317,362 199,919

V6E LIMITED (REGISTERED NUMBER: 05389725)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 32,661 32,510
Taxation and social security 111,720 28,648
Other creditors 529,826 379,704
674,207 440,862

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors - 100,984

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
Ms C A Bain
Balance outstanding at start of year 2,908 -
Amounts advanced - 2,908
Amounts repaid (2,908 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 2,908

N P Scott
Balance outstanding at start of year 7,688 -
Amounts advanced - 7,688
Amounts repaid (7,688 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 7,688