Company Registration No. 07941202 (England and Wales)
VENDING & LEISURE SERVICES LTD
Unaudited accounts
for the year ended 29 February 2024
VENDING & LEISURE SERVICES LTD
Unaudited accounts
Contents
VENDING & LEISURE SERVICES LTD
Company Information
for the year ended 29 February 2024
Company Number
07941202 (England and Wales)
Registered Office
THE SLOPES MOUNT ROAD
TETTENHALL WOOD
WOLVERHAMPTON
WEST MIDLANDS
WV6 8HR
VENDING & LEISURE SERVICES LTD
Statement of financial position
as at 29 February 2024
Tangible assets
1,301
1,951
Cash at bank and in hand
150
203
Creditors: amounts falling due within one year
(25,663)
(26,791)
Net current liabilities
(24,513)
(23,088)
Total assets less current liabilities
(23,212)
(21,137)
Creditors: amounts falling due after more than one year
(6,692)
(8,136)
Net liabilities
(29,904)
(29,273)
Called up share capital
1
1
Profit and loss account
(29,905)
(29,274)
Shareholders' funds
(29,904)
(29,273)
For the year ending 29 February 2024 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 22 November 2024 and were signed on its behalf by
MD BROOMHALL
Director
Company Registration No. 07941202
VENDING & LEISURE SERVICES LTD
Notes to the Accounts
for the year ended 29 February 2024
VENDING & LEISURE SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 07941202. The registered office is THE SLOPES MOUNT ROAD, TETTENHALL WOOD, WOLVERHAMPTON, WEST MIDLANDS, WV6 8HR.
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.
These financial statements for the year ended 29 February 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
112,255
6,995
119,250
At 29 February 2024
112,255
6,995
119,250
At 1 March 2023
110,305
6,994
117,299
Charge for the year
650
-
650
At 29 February 2024
110,955
6,994
117,949
At 29 February 2024
1,300
1
1,301
At 28 February 2023
1,950
1
1,951
VENDING & LEISURE SERVICES LTD
Notes to the Accounts
for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,688
1,630
Taxes and social security
(127)
962
Other creditors
1,050
1,964
Loans from directors
23,052
22,235
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 1 (2023: 2).