Company registration number 14649274 (England and Wales)
VEMEC LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2024
PAGES FOR FILING WITH REGISTRAR
VEMEC LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
VEMEC LTD
BALANCE SHEET
AS AT
28 FEBRUARY 2024
28 February 2024
- 1 -
2024
Notes
£
£
Current assets
Debtors
3
1,252
Cash at bank and in hand
766
2,018
Creditors: amounts falling due within one year
4
(3,026)
Net current liabilities
(1,008)
Capital and reserves
Called up share capital
100
Profit and loss reserves
(1,108)
Total equity
(1,008)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial period ended 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 6 November 2024
Mr G Bailey
Director
Company registration number 14649274 (England and Wales)
VEMEC LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2024
- 2 -
1
Accounting policies
Company information

Vemec Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 30 Old Market, Wisbech, Cambridgeshire, England, PE13 1NB. The principal place of business is Sandall Road, Wisbech, Cambs, PE13 2FN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The accounts have been prepared on a going concern basis. The company relies upon the continued support of the company’s shareholders. The directors are of the understanding that this support is to continue and as such the directors continue to adopt the going concern basis of accounting.true

 

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2024
Number
Total
-
0
3
Debtors
2024
Amounts falling due within one year:
£
Other debtors
1,252
VEMEC LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2024
- 3 -
4
Creditors: amounts falling due within one year
2024
£
Other creditors
3,026
2024-02-282023-02-08false07 November 2024CCH SoftwareCCH Accounts Production 2024.100No description of principal activityMr G Baileyfalsefalse146492742023-02-082024-02-28146492742024-02-2814649274core:CurrentFinancialInstrumentscore:WithinOneYear2024-02-2814649274core:ShareCapital2024-02-2814649274core:RetainedEarningsAccumulatedLosses2024-02-2814649274bus:Director12023-02-082024-02-2814649274core:WithinOneYear2024-02-2814649274core:CurrentFinancialInstruments2024-02-2814649274bus:PrivateLimitedCompanyLtd2023-02-082024-02-2814649274bus:SmallCompaniesRegimeForAccounts2023-02-082024-02-2814649274bus:FRS1022023-02-082024-02-2814649274bus:AuditExemptWithAccountantsReport2023-02-082024-02-2814649274bus:FullAccounts2023-02-082024-02-28xbrli:purexbrli:sharesiso4217:GBP