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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
Page
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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
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V & U Solutions Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
204 
273 
Current assets
Debtors
2,854 
3,037 
Cash at bank and in hand
1,320 
2,560 
4,174 
5,597 
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 
Capital and reserves
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
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V & U Solutions Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 
Depreciation
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 
Net book value
At 29 February 2024
109 
95 
204 
At 28 February 2023
146 
127 
273 
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V & U Solutions Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
2,854 
3,037 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Accruals
150 
363 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,980 
5,236 
8
Share capital
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).
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