Acorah Software Products - Accounts Production 15.0.600 false true false 31 March 2023 31 March 2024 31 March 2024 14772451 Mrs Vania Casini Mr Olivier Goldstein true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14772451 2023-03-30 14772451 2024-03-31 14772451 2023-03-31 2024-03-31 14772451 frs-core:CurrentFinancialInstruments 2024-03-31 14772451 frs-core:ShareCapital 2024-03-31 14772451 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14772451 frs-bus:PrivateLimitedCompanyLtd 2023-03-31 2024-03-31 14772451 frs-bus:FilletedAccounts 2023-03-31 2024-03-31 14772451 frs-bus:SmallEntities 2023-03-31 2024-03-31 14772451 frs-bus:AuditExempt-NoAccountantsReport 2023-03-31 2024-03-31 14772451 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-31 2024-03-31 14772451 1 2023-03-31 2024-03-31 14772451 frs-core:UnlistedNon-exchangeTraded 2024-03-31 14772451 frs-core:UnlistedNon-exchangeTraded 2023-03-30 14772451 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-30 14772451 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 14772451 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 14772451 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-30 14772451 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 14772451 frs-bus:Director1 2023-03-31 2024-03-31 14772451 frs-countries:EnglandWales 2023-03-31 2024-03-31
Registered number: 14772451
Vantage Solutions International Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Adbell Advisory Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14772451
2024
Notes
FIXED ASSETS
Investments 4 538,272
538,272
CURRENT ASSETS
Stocks 5 105,000
Debtors 6 467
Cash at bank and in hand 648,371
753,838
Creditors: Amounts Falling Due Within One Year 7 (1,380,670 )
NET CURRENT ASSETS (LIABILITIES) (626,832 )
TOTAL ASSETS LESS CURRENT LIABILITIES (88,560 )
NET LIABILITIES (88,560 )
CAPITAL AND RESERVES
Called up share capital 8 117
Profit and Loss Account (88,677 )
SHAREHOLDERS' FUNDS (88,560)
Page 1
Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Vania Casini
Director
07/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Vantage Solutions International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14772451 . The registered office is Birchin Court , 20 Birchin Lane , EC3V 9DJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.4. Foreign Currencies
Assets and liabilities in foreign currencies are translated into Euros at the rates of exchange ruling at the balance sheet date.  Transactions in foreign currencies are translated into Euros at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
2.5.
Going concern
The financial statements have been prepared on a going concern basis. The company has obtained undertakings from its shareholders that they will continue to support the company for the foreseeable future and meet all third party liabilities as they fall due. Given this undertaking, the directors consider it appropriate to adopt a going concern basis in preparing the financial statements.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1
1
4. Investments
Unlisted
Cost
As at 31 March 2023 -
Additions 538,272
As at 31 March 2024 538,272
Provision
As at 31 March 2023 -
As at 31 March 2024 -
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2024 538,272
As at 31 March 2023 -
5. Stocks
2024
Stock 105,000
6. Debtors
2024
Due within one year
Other debtors 467
7. Creditors: Amounts Falling Due Within One Year
2024
Trade creditors 11,320
Other creditors 1,369,350
1,380,670
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr Olivier Goldstein by virtue of his ownership of 100% of the issued share capital in the company.
Page 4