3
false
false
false
false
false
false
false
false
false
false
true
false
false
false
false
false
false
No description of principal activity
2023-04-01
Sage Accounts Production Advanced 2023 - FRS102_2023
14,916
455
15,371
11,648
1,110
12,758
2,613
3,268
xbrli:pure
xbrli:shares
iso4217:GBP
8273958
2023-04-01
2024-03-31
8273958
2024-03-31
8273958
2023-03-31
8273958
2022-04-01
2023-03-31
8273958
2023-03-31
8273958
2022-03-31
8273958
bus:Director1
2023-04-01
2024-03-31
8273958
core:WithinOneYear
2024-03-31
8273958
core:WithinOneYear
2023-03-31
8273958
core:ShareCapital
2024-03-31
8273958
core:ShareCapital
2023-03-31
8273958
core:RetainedEarningsAccumulatedLosses
2024-03-31
8273958
core:RetainedEarningsAccumulatedLosses
2023-03-31
8273958
bus:SmallEntities
2023-04-01
2024-03-31
8273958
bus:AuditExempt-NoAccountantsReport
2023-04-01
2024-03-31
8273958
bus:SmallCompaniesRegimeForAccounts
2023-04-01
2024-03-31
8273958
bus:PrivateLimitedCompanyLtd
2023-04-01
2024-03-31
8273958
bus:FullAccounts
2023-04-01
2024-03-31
8273958
core:OfficeEquipment
2023-04-01
2024-03-31
8273958
core:OfficeEquipment
2023-03-31
8273958
core:OfficeEquipment
2024-03-31
8273958
core:AllAssociates
2023-04-01
2024-03-31
COMPANY REGISTRATION NUMBER:
8273958
Vogan Accountancy Limited |
|
Filleted Unaudited Financial Statements |
|
Vogan Accountancy Limited |
|
31 March 2024
Fixed assets
Tangible assets |
5 |
2,613 |
3,268 |
|
|
|
|
Current assets
Debtors |
6 |
55,963 |
27,944 |
Cash at bank and in hand |
118,438 |
153,732 |
|
--------- |
--------- |
|
174,401 |
181,676 |
|
|
|
|
Creditors: amounts falling due within one year |
7 |
47,147 |
48,117 |
|
--------- |
--------- |
Net current assets |
127,254 |
133,559 |
|
--------- |
--------- |
Total assets less current liabilities |
129,867 |
136,827 |
|
|
|
|
Provisions |
595 |
621 |
|
--------- |
--------- |
Net assets |
129,272 |
136,206 |
|
--------- |
--------- |
|
|
|
Capital and reserves
Called up share capital |
100 |
100 |
Profit and loss account |
129,172 |
136,106 |
|
--------- |
--------- |
Shareholders funds |
129,272 |
136,206 |
|
--------- |
--------- |
|
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
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.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
Vogan Accountancy Limited |
|
Balance Sheet (continued) |
|
31 March 2024
These financial statements were approved by the
board of directors
and authorised for issue on
5 August 2024
, and are signed on behalf of the board by:
Company registration number:
8273958
Vogan Accountancy Limited |
|
Notes to the Financial Statements |
|
Year ended 31 March 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Chancery Lane, Wakefield, WF1 2SS, West Yorkshire.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity
.
Revenue recognition
Turnover comprises the sales value (excluding VAT) of work done in the year under contracts to supply services to third parties. Where the company has partly completed contracts for services at the end of the year and the final outcome of contracts can be determined with a degree of certainty, the sales value of a proportion of the contract that has been completed at the year end date is included in turnover for the year.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Equipment |
- |
30% reducing balance |
|
|
|
|
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument
.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
3
(2023:
4
).
5.
Tangible assets
|
Equipment |
|
£ |
Cost |
|
At 1 April 2023 |
14,916 |
Additions |
455 |
|
-------- |
At 31 March 2024 |
15,371 |
|
-------- |
Depreciation |
|
At 1 April 2023 |
11,648 |
Charge for the year |
1,110 |
|
-------- |
At 31 March 2024 |
12,758 |
|
-------- |
Carrying amount |
|
At 31 March 2024 |
2,613 |
|
-------- |
At 31 March 2023 |
3,268 |
|
-------- |
|
|
6.
Debtors
|
2024 |
2023 |
|
£ |
£ |
Trade debtors |
55,963 |
27,944 |
|
-------- |
-------- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
2024 |
2023 |
|
£ |
£ |
Trade creditors |
91 |
70 |
Corporation tax |
24,173 |
24,038 |
Social security and other taxes |
22,324 |
23,288 |
Other creditors |
559 |
721 |
|
-------- |
-------- |
|
47,147 |
48,117 |
|
-------- |
-------- |
|
|
|
Included in "Other creditors" is an amount of £5 (2023: £721) due to the director. The balance is unsecured, interest free and repayable on demand.
8.
Related party transactions
The company trades from premises owned by a Limited Liability Partnership in which the director is a member. No rent is paid.