Company Registration No. 09529122 (England and Wales)
VB TECH LIMITED
Unaudited accounts
for the year ended 31 March 2024
VB TECH LIMITED
Unaudited accounts
Contents
VB TECH LIMITED
Company Information
for the year ended 31 March 2024
Directors
Vipul Babulal Patel
Bhavini Patel
Company Number
09529122 (England and Wales)
Registered Office
2 OAKDALE AVENUE
HARROW
HA3 0UJ
ENGLAND
Accountants
MAP Accounting Limited
26 Oakfield Avenue
Harrow
HA3 8TJ
VB TECH LIMITED
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
149
6,617
Creditors: amounts falling due within one year
(5,910)
(11,714)
Net current assets
9,239
40,953
Total assets less current liabilities
10,345
41,128
Creditors: amounts falling due after more than one year
(9,913)
(16,854)
Called up share capital
100
100
Profit and loss account
332
24,174
Shareholders' funds
432
24,274
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 18 April 2024 and were signed on its behalf by
Vipul Babulal Patel
Director
Company Registration No. 09529122
VB TECH LIMITED
Notes to the Accounts
for the year ended 31 March 2024
VB TECH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09529122. The registered office is 2 OAKDALE AVENUE, HARROW, HA3 0UJ, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
4
Tangible fixed assets
Computer equipment
VB TECH LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due after more than one year
Other debtors
15,000
46,050
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,744
7,292
Loans from directors
266
743
7
Creditors: amounts falling due after more than one year
2024
2023
8
Transactions with related parties
Mr Vipul Babulal Patel (Director)
Director's Remuneration £6,813
Dividend £33,750
9
Average number of employees
During the year the average number of employees was 1 (2023: 2).