Company Registration No. 06789026 (England and Wales)
VECTORNATE UK LIMITED
Unaudited accounts
for the year ended 31 December 2023
VECTORNATE UK LIMITED
Unaudited accounts
Contents
VECTORNATE UK LIMITED
Company Information
for the year ended 31 December 2023
Director
Mr SEAN TAESUN YEOM
Company Number
06789026 (England and Wales)
Registered Office
69 Station Road
Hampton
Greater London
TW12 2BT
England
VECTORNATE UK LIMITED
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
69,746
205,451
Creditors: amounts falling due within one year
(284,235)
(402,229)
Net current assets
716,754
815,710
Total assets less current liabilities
719,066
818,022
Creditors: amounts falling due after more than one year
(476,769)
(571,825)
Net assets
242,297
246,197
Called up share capital
20,000
20,000
Profit and loss account
222,297
226,197
Shareholders' funds
242,297
246,197
For the year ending 31 December 2023 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 17 October 2024 and were signed on its behalf by
Mr SEAN TAESUN YEOM
Director
Company Registration No. 06789026
VECTORNATE UK LIMITED
Notes to the Accounts
for the year ended 31 December 2023
VECTORNATE UK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06789026. The registered office is 69 Station Road, Hampton, Greater London , TW12 2BT, England.
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.
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Investments
Subsidiary undertakings
Valuation at 1 January 2023
2,312
Valuation at 31 December 2023
2,312
Amounts falling due within one year
Trade debtors
287,234
284,759
Accrued income and prepayments
274,214
274,217
Other debtors
369,625
410,852
VECTORNATE UK LIMITED
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
63,518
63,518
Taxes and social security
-
17,569
Proposed dividends
-
100,000
Other creditors
173,868
173,868
Loans from directors
46,844
46,844
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
451,818
536,984
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).