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Company Registration No. 11157688 (England and Wales)
Virginijus Ltd Unaudited accounts for the year ended 31 January 2024
Virginijus Ltd Unaudited accounts Contents
Page
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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
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Virginijus Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
136,370 
101,082 
Current assets
Debtors
230,663 
91,511 
Cash at bank and in hand
13,280 
6,832 
243,943 
98,343 
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)
Net assets
43,634 
23,642 
Capital and reserves
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
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Virginijus Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
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.
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 financial statements have been prepared on an accrual basis and in accordance with the historical cost convention.
Presentation currency
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:
Motor vehicles
120 months
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 
Additions
49,950 
- 
49,950 
At 31 January 2024
166,950 
1,586 
168,536 
Depreciation
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 
Net book value
At 31 January 2024
136,370 
- 
136,370 
At 31 January 2023
100,642 
440 
101,082 
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Virginijus Ltd Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
153,179 
46,232 
Trade debtors
76,284 
- 
Accrued income and prepayments
1,200 
- 
230,663 
46,232 
Amounts falling due after more than one year
Trade debtors
- 
45,279 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
183,226 
46,233 
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 
259,443 
91,354 
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 
77,236 
84,429 
8
Average number of employees
During the year the average number of employees was 4 (2023: 3).
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