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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
Page
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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
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VECTORNATE UK LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
2,312 
2,312 
Current assets
Inventories
- 
42,584 
Debtors
931,243 
969,904 
Cash at bank and in hand
69,746 
205,451 
1,000,989 
1,217,939 
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 
Capital and reserves
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
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VECTORNATE UK LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2023
2,312 
Valuation at 31 December 2023
2,312 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
170 
76 
Trade debtors
287,234 
284,759 
Accrued income and prepayments
274,214 
274,217 
Other debtors
369,625 
410,852 
931,243 
969,904 
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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 
Accruals
5 
430 
284,235 
402,229 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
24,951 
34,841 
Other creditors
451,818 
536,984 
476,769 
571,825 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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