V2CARE LTD

Company Registration Number:
13753614 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

V2CARE LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

V2CARE LTD

Company Information

for the Period Ended 31 March 2024




Registered office: 28
Little Elmbridge
Longlevens
Gloucester
England
GL2 0HH
Company Registration Number: 13753614 (England and Wales)

V2CARE LTD

Balance sheet

As at 31 March 2024


Notes

2024
£
16 months to
31 Mar 2023
£
Fixed assets
Tangible assets: 4 3,212 2,961
Total fixed assets: 3,212 2,961
Current assets
Cash at bank and in hand: 361,191 205,663
Total current assets: 361,191 205,663
Creditors: amounts falling due within one year: ( 73,483 ) ( 64,217 )
Net current assets (liabilities): 287,708 141,446
Total assets less current liabilities: 290,920 144,407
Creditors: amounts falling due after more than one year: ( 194,738 ) ( 72,262 )
Total net assets (liabilities): 96,182 72,145

The notes form part of these financial statements

V2CARE LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£
16 months to
31 Mar 2023
£
Capital and reserves
Called up share capital: 300 300
Profit and loss account: 95,882 71,845
Shareholders funds: 96,182 72,145

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 20 November 2024
And Signed On Behalf Of The Board By:

Name: Ajimon M Edakkara
Status: Director

The notes form part of these financial statements

V2CARE 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the sale of goods and from the rendering of services.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

    Fixtures, fittings, tools and equipment - 20% per annum on cost

    Other accounting policies

    A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

V2CARE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024
    16 months to
    31 Mar 2023
    Average number of employees during the period 48 28

V2CARE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

V2CARE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 3,701
Additions 1,239
Disposals -
Revaluations -
Transfers -
At 31 March 2024 4,940
Depreciation
At 01 April 2023 740
Charge for year 988
On disposals -
Other adjustments -
At 31 March 2024 1,728
Net book value
At 31 March 2024 3,212
At 31 March 2023 2,961