IRIS Accounts Production v24.2.0.383 09871766 director 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh098717662022-11-30098717662023-11-30098717662022-12-012023-11-30098717662021-11-30098717662021-12-012022-11-30098717662022-11-3009871766ns14:PoundSterling2022-12-012023-11-3009871766ns10:Director12022-12-012023-11-3009871766ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3009871766ns10:SmallEntities2022-12-012023-11-3009871766ns10:AuditExemptWithAccountantsReport2022-12-012023-11-3009871766ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3009871766ns10:FullAccounts2022-12-012023-11-3009871766ns10:RegisteredOffice2022-12-012023-11-3009871766ns5:CurrentFinancialInstruments2023-11-3009871766ns5:CurrentFinancialInstruments2022-11-3009871766ns5:Non-currentFinancialInstruments2023-11-3009871766ns5:Non-currentFinancialInstruments2022-11-3009871766ns5:ShareCapital2023-11-3009871766ns5:ShareCapital2022-11-3009871766ns5:RetainedEarningsAccumulatedLosses2023-11-3009871766ns5:RetainedEarningsAccumulatedLosses2022-11-3009871766ns5:FurnitureFittings2022-12-012023-11-3009871766ns5:ComputerEquipment2022-12-012023-11-3009871766ns5:FurnitureFittings2022-11-3009871766ns5:ComputerEquipment2022-11-3009871766ns5:FurnitureFittings2023-11-3009871766ns5:ComputerEquipment2023-11-3009871766ns5:FurnitureFittings2022-11-3009871766ns5:ComputerEquipment2022-11-3009871766ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3009871766ns5:WithinOneYearns5:CurrentFinancialInstruments2022-11-30
REGISTERED NUMBER: 09871766















VCC DEMOLITION ASSOCIATES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023






VCC DEMOLITION ASSOCIATES LTD (REGISTERED NUMBER: 09871766)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


VCC DEMOLITION ASSOCIATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Mr W Sarhangian





REGISTERED OFFICE: 53 Lausanne Road
London
N8 0HJ





REGISTERED NUMBER: 09871766





ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
VCC DEMOLITION ASSOCIATES LTD


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of VCC Demolition Associates Ltd for the year ended 30 November 2023 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of VCC Demolition Associates Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of VCC Demolition Associates Ltd and state those matters that we have agreed to state to the director of VCC Demolition Associates Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than VCC Demolition Associates Ltd and its director for our work or for this report.

It is your duty to ensure that VCC Demolition Associates Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of VCC Demolition Associates Ltd. You consider that VCC Demolition Associates Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of VCC Demolition Associates Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


12 November 2024

VCC DEMOLITION ASSOCIATES LTD (REGISTERED NUMBER: 09871766)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,920 2,854

CURRENT ASSETS
Debtors 5 38,324 65,223
Cash at bank and in hand 88,222 48,506
126,546 113,729
CREDITORS
Amounts falling due within one year 6 63,809 45,231
NET CURRENT ASSETS 62,737 68,498
TOTAL ASSETS LESS CURRENT
LIABILITIES

64,657

71,352

CREDITORS
Amounts falling due after more than one year 7 (6,110 ) (9,846 )

PROVISIONS FOR LIABILITIES (360 ) (542 )
NET ASSETS 58,187 60,964

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 58,087 60,864
SHAREHOLDERS' FUNDS 58,187 60,964

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

VCC DEMOLITION ASSOCIATES LTD (REGISTERED NUMBER: 09871766)

STATEMENT OF FINANCIAL POSITION - continued
30 NOVEMBER 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 November 2024 and were signed by:





Mr W Sarhangian - Director


VCC DEMOLITION ASSOCIATES LTD (REGISTERED NUMBER: 09871766)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

VCC Demolition Associates Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net sales of goods/services, excluding value added tax

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

VCC DEMOLITION ASSOCIATES LTD (REGISTERED NUMBER: 09871766)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 2,500 4,715 7,215
DEPRECIATION
At 1 December 2022 1,094 3,267 4,361
Charge for year 351 583 934
At 30 November 2023 1,445 3,850 5,295
NET BOOK VALUE
At 30 November 2023 1,055 865 1,920
At 30 November 2022 1,406 1,448 2,854

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 38,324 65,223

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 3,736 3,644
Taxation and social security 10,005 26,463
Other creditors 50,068 15,124
63,809 45,231

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 6,110 9,846