Company Registration No. 11800271 (England and Wales)
VAN LEISURE LIMITED
Unaudited accounts
for the year ended 31 January 2024
VAN LEISURE LIMITED
Unaudited accounts
Contents
VAN LEISURE LIMITED
Company Information
for the year ended 31 January 2024
Company Number
11800271 (England and Wales)
Registered Office
438 ALLESLEY OLD ROAD
COVENTRY
CV5 8GF
UNITED KINGDOM
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
VAN LEISURE LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
4,553
6,071
Cash at bank and in hand
17,559
38
Creditors: amounts falling due within one year
(103,608)
(41,352)
Net current liabilities
(66,049)
(31,314)
Total assets less current liabilities
(61,496)
(25,243)
Creditors: amounts falling due after more than one year
(10,815)
(14,984)
Net liabilities
(72,311)
(40,227)
Called up share capital
1
1
Profit and loss account
(72,312)
(40,228)
Shareholders' funds
(72,311)
(40,227)
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 director acknowledges his 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 and authorised for issue on 26 June 2024 and were signed on its behalf by
Martin Whelan
Director
Company Registration No. 11800271
VAN LEISURE LIMITED
Notes to the Accounts
for the year ended 31 January 2024
VAN LEISURE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11800271. The registered office is 438 ALLESLEY OLD ROAD, COVENTRY, CV5 8GF, 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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
2,490
14,000
16,490
At 31 January 2024
2,490
14,000
16,490
At 1 February 2023
1,481
8,938
10,419
Charge for the year
252
1,266
1,518
At 31 January 2024
1,733
10,204
11,937
At 31 January 2024
757
3,796
4,553
At 31 January 2023
1,009
5,062
6,071
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,325
2,573
Loans from directors
95,630
38,779
VAN LEISURE LIMITED
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
10,815
14,984
7
Transactions with related parties
During the year, the company received a loan amounting to £95,630 (2023: £38,779) from a member of key management personnel. The loan is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).