Company Registration No. 11157688 (England and Wales)
Virginijus Ltd
Unaudited accounts
for the year ended 31 January 2024
Virginijus Ltd
Unaudited accounts
Contents
Virginijus Ltd
Company Information
for the year ended 31 January 2024
Directors
Virginijus Skarbalius
Dmytro Buhay
Company Number
11157688 (England and Wales)
Registered Office
B36 Harben House Hotel, Tickford Street,
Newport Pagnell
Milton Keynes
OXFORDSHIRE
MK16 9EY
United Kingdom
Virginijus Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
136,370
101,082
Cash at bank and in hand
13,280
6,832
Creditors: amounts falling due within one year
(259,443)
(91,354)
Net current (liabilities)/assets
(15,500)
6,989
Total assets less current liabilities
120,870
108,071
Creditors: amounts falling due after more than one year
(77,236)
(84,429)
Called up share capital
2
2
Share premium
19,499
19,499
Profit and loss account
24,133
4,141
Shareholders' funds
43,634
23,642
For the year ending 31 January 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 28 September 2024 and were signed on its behalf by
Virginijus Skarbalius
Director
Company Registration No. 11157688
Virginijus Ltd
Notes to the Accounts
for the year ended 31 January 2024
Virginijus Ltd is a private company, limited by shares, registered in England and Wales, registration number 11157688. The registered office is B36 Harben House Hotel, Tickford Street,, Newport Pagnell, Milton Keynes, OXFORDSHIRE, MK16 9EY, United Kingdom.
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 financial statements have been prepared on an accrual basis and in accordance with the historical cost convention.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
36 months
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
117,000
1,586
118,586
At 31 January 2024
166,950
1,586
168,536
At 1 February 2023
16,358
1,146
17,504
Charge for the year
14,222
440
14,662
At 31 January 2024
30,580
1,586
32,166
At 31 January 2024
136,370
-
136,370
At 31 January 2023
100,642
440
101,082
Virginijus Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Accrued income and prepayments
1,200
-
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
31,115
26,032
Trade creditors
21,772
6,559
Taxes and social security
6,222
8,750
Other creditors
17,108
3,780
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
18,736
32,429
Loans from directors
58,500
52,000
8
Average number of employees
During the year the average number of employees was 4 (2023: 3).