Company Registration No. 09417163 (England and Wales)
V & U Solutions Ltd
Unaudited accounts
for the year ended 29 February 2024
V & U Solutions Ltd
Unaudited accounts
Contents
V & U Solutions Ltd
Company Information
for the year ended 29 February 2024
Director
Mr V S R R R Arachchige Don
Company Number
09417163 (England and Wales)
Registered Office
9 ,
Quonset Avenue
Basingstock
RG23 7PE
V & U Solutions Ltd
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
1,320
2,560
Creditors: amounts falling due within one year
(150)
(363)
Net current assets
4,024
5,234
Total assets less current liabilities
4,228
5,507
Creditors: amounts falling due after more than one year
(4,980)
(5,236)
Net (liabilities)/assets
(752)
271
Called up share capital
1
1
Profit and loss account
(753)
270
Shareholders' funds
(752)
271
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 30 November 2024 and were signed on its behalf by
Mr V S R R R Arachchige Don
Director
Company Registration No. 09417163
V & U Solutions Ltd
Notes to the Accounts
for the year ended 29 February 2024
V & U Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 09417163. The registered office is 9 , , Quonset Avenue, Basingstock, RG23 7PE.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25 % Reducing balance
Computer equipment
25 % Reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
1,460
1,270
2,730
At 29 February 2024
1,460
1,270
2,730
At 1 March 2023
1,314
1,143
2,457
Charge for the year
37
32
69
At 29 February 2024
1,351
1,175
2,526
At 29 February 2024
109
95
204
At 28 February 2023
146
127
273
V & U Solutions Ltd
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).