VIP VIKIPET & RENT LUXURY CARS LTD

Company Registration Number:
10674844 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

VIP VIKIPET & RENT LUXURY CARS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

VIP VIKIPET & RENT LUXURY CARS LTD

Company Information

for the Period Ended 31 March 2024




Director: Lyubomir Petrov
Registered office: 49
George Road
Guildford
GBR
GU1 4NR
Company Registration Number: 10674844 (England and Wales)

VIP VIKIPET & RENT LUXURY CARS LTD

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Lyubomir Petrov

This report was approved by the board of directors on 18 November 2024
And Signed On Behalf Of The Board By:

Name: Lyubomir Petrov
Status: Director

VIP VIKIPET & RENT LUXURY CARS LTD

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 59,845 59,348
Gross Profit or (Loss) 59,845 59,348
Administrative Expenses ( 51,198 ) ( 44,576 )
Operating Profit or (Loss) 8,647 14,772
Profit or (Loss) Before Tax 8,647 14,772
Tax on Profit ( 2,749 ) ( 1,499 )
Profit or (Loss) for Period 5,898 13,273

The notes form part of these financial statements

VIP VIKIPET & RENT LUXURY CARS LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 23,296 29,120
Total fixed assets: 23,296 29,120
Current assets
Cash at bank and in hand: 169 870
Total current assets: 169 870
Creditors: amounts falling due within one year: 6 ( 10,795 ) ( 10,648 )
Net current assets (liabilities): ( 10,626 ) ( 9,778 )
Total assets less current liabilities: 12,670 19,342
Creditors: amounts falling due after more than one year: 7 ( 17,211 ) ( 27,758 )
Total net assets (liabilities): ( 4,541 ) ( 8,416 )

The notes form part of these financial statements

VIP VIKIPET & RENT LUXURY CARS LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 50 50
Profit and loss account: ( 4,591 ) ( 8,466 )
Shareholders funds: ( 4,541 ) ( 8,416 )

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 18 November 2024
And Signed On Behalf Of The Board By:

Name: Lyubomir Petrov
Status: Director

The notes form part of these financial statements

VIP VIKIPET & RENT LUXURY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VIP VIKIPET & RENT LUXURY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

VIP VIKIPET & RENT LUXURY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

VIP VIKIPET & RENT LUXURY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Dividends


2024
£

2023
£
Dividends paid 2,023 11,952

VIP VIKIPET & RENT LUXURY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Tangible assets

Motor vehicles Total
Cost £ £
At 01 April 2023 29,120 29,120
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2024 29,120 29,120
Depreciation
At 01 April 2023 - -
Charge for year 5,824 5,824
On disposals - -
Other adjustments - -
At 31 March 2024 5,824 5,824
Net book value
At 31 March 2024 23,296 23,296
At 31 March 2023 29,120 29,120

VIP VIKIPET & RENT LUXURY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Amounts due under finance leases and hire purchase contracts 8,046 8,046
Taxation and social security 2,749 2,602
Total 10,795 10,648

VIP VIKIPET & RENT LUXURY CARS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 4,482 7,152
Amounts due under finance leases and hire purchase contracts 12,729 20,606
Total 17,211 27,758