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REGISTERED NUMBER: 06315057 (England and Wales)
















MODUS VIVENDI INSTALLATIONS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






MODUS VIVENDI INSTALLATIONS LIMITED (REGISTERED NUMBER: 06315057)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MODUS VIVENDI INSTALLATIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: L Emmott
C Bethell





SECRETARY: K A Emmott





REGISTERED OFFICE: Lyndean House
30-32 Albion Place
Maidstone
Kent
ME14 5DZ





REGISTERED NUMBER: 06315057 (England and Wales)





ACCOUNTANTS: Lakeview Southern Limited
Chartered Accountants
2 Lakeview Stables
Lower St. Clere
Kemsing
Sevenoaks
Kent
TN15 6NL

MODUS VIVENDI INSTALLATIONS LIMITED (REGISTERED NUMBER: 06315057)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 50,001 60,001
Tangible assets 5 75,501 78,614
125,502 138,615

CURRENT ASSETS
Stocks 23,761 47,304
Debtors 6 66,925 70,081
Cash at bank and in hand 439,259 381,384
529,945 498,769
CREDITORS
Amounts falling due within one year 7 216,225 213,159
NET CURRENT ASSETS 313,720 285,610
TOTAL ASSETS LESS CURRENT
LIABILITIES

439,222

424,225

CREDITORS
Amounts falling due after more than one year 8 99,337 100,993
NET ASSETS 339,885 323,232

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 338,885 322,232
SHAREHOLDERS' FUNDS 339,885 323,232

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

MODUS VIVENDI INSTALLATIONS LIMITED (REGISTERED NUMBER: 06315057)

BALANCE SHEET - continued
31 JULY 2024


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 2 October 2024 and were signed on its behalf by:





L Emmott - Director


MODUS VIVENDI INSTALLATIONS LIMITED (REGISTERED NUMBER: 06315057)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

Modus Vivendi Installations 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance and 20% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


MODUS VIVENDI INSTALLATIONS LIMITED (REGISTERED NUMBER: 06315057)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 200,000
AMORTISATION
At 1 August 2023 139,999
Charge for year 10,000
At 31 July 2024 149,999
NET BOOK VALUE
At 31 July 2024 50,001
At 31 July 2023 60,001

MODUS VIVENDI INSTALLATIONS LIMITED (REGISTERED NUMBER: 06315057)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 305,260
Additions 41,402
Disposals (31,200 )
At 31 July 2024 315,462
DEPRECIATION
At 1 August 2023 226,646
Charge for year 38,265
Eliminated on disposal (24,950 )
At 31 July 2024 239,961
NET BOOK VALUE
At 31 July 2024 75,501
At 31 July 2023 78,614

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 45,909 55,676
Other debtors 21,016 14,405
66,925 70,081

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 61,331 109,265
Taxation and social security 43,805 44,707
Other creditors 111,089 59,187
216,225 213,159

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Other creditors 99,337 100,993

MODUS VIVENDI INSTALLATIONS LIMITED (REGISTERED NUMBER: 06315057)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


9. RELATED PARTY DISCLOSURES

As at the balance sheet date the company owed the directors £99,337 (2023: £100,993).

10. ULTIMATE CONTROLLING PARTY

The company was under the control of the director Mr Emmott throughout the year.