Voka Limited 13131073 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is holding company. Digita Accounts Production Advanced 6.30.9574.0 true true 13131073 2023-02-01 2024-01-31 13131073 2024-01-31 13131073 core:RetainedEarningsAccumulatedLosses 2024-01-31 13131073 core:ShareCapital 2024-01-31 13131073 core:CurrentFinancialInstruments 2024-01-31 13131073 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 13131073 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 13131073 core:LandBuildings 2024-01-31 13131073 core:OtherPropertyPlantEquipment 2024-01-31 13131073 bus:SmallEntities 2023-02-01 2024-01-31 13131073 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 13131073 bus:FullAccounts 2023-02-01 2024-01-31 13131073 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13131073 bus:RegisteredOffice 2023-02-01 2024-01-31 13131073 bus:Director1 2023-02-01 2024-01-31 13131073 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13131073 core:LandBuildings 2023-02-01 2024-01-31 13131073 core:OtherPropertyPlantEquipment 2023-02-01 2024-01-31 13131073 core:PlantMachinery 2023-02-01 2024-01-31 13131073 countries:EnglandWales 2023-02-01 2024-01-31 13131073 2023-01-31 13131073 core:LandBuildings 2023-01-31 13131073 core:OtherPropertyPlantEquipment 2023-01-31 13131073 2022-02-01 2023-01-31 13131073 2023-01-31 13131073 core:RetainedEarningsAccumulatedLosses 2023-01-31 13131073 core:ShareCapital 2023-01-31 13131073 core:CurrentFinancialInstruments 2023-01-31 13131073 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 13131073 core:Non-currentFinancialInstruments core:AfterOneYear 2023-01-31 13131073 core:LandBuildings 2023-01-31 13131073 core:OtherPropertyPlantEquipment 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 13131073

Voka Limited

Unaudited Financial Statements

for the Year Ended 31 January 2024

 

Voka Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

Voka Limited

(Registration number: 13131073)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

987,693

978,745

Current assets

 

Debtors

5

2,580

5,770

Cash at bank and in hand

 

718

390

 

3,298

6,160

Creditors: Amounts falling due within one year

6

(750)

(750)

Net current assets

 

2,548

5,410

Total assets less current liabilities

 

990,241

984,155

Creditors: Amounts falling due after more than one year

6

(1,261,310)

(1,139,541)

Provisions for liabilities

-

(137)

Net liabilities

 

(271,069)

(155,523)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(271,169)

(155,623)

Shareholders' deficit

 

(271,069)

(155,523)

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Voka Limited

(Registration number: 13131073)
Balance Sheet as at 31 January 2024

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 January 2025 and signed on its behalf by:
 

.........................................
Dr N Smith
Director

 

Voka Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. The company meets its day to day working capital requirements through funds provided by the directors and a related company. The directors consider that these facilities will continue to be made available to the company. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments which would result if the going concern basis were not appropriate.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and
provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Voka Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

Tax

The tax expense for the period comprises current and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or
substantively enacted by the reporting date in the countries where the company operates and generates
taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in
the financial statements.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the
reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold land and buildings

not depreciated

Fixtures and fittings

15% reducing balance

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Voka Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

4

Tangible assets

Freehold land and buildings
£

Fixtures and fittings
£

Total
£

Cost or valuation

At 1 February 2023

978,026

1,019

979,045

Additions

6,352

3,169

9,521

At 31 January 2024

984,378

4,188

988,566

Depreciation

At 1 February 2023

-

300

300

Charge for the year

-

573

573

At 31 January 2024

-

873

873

Carrying amount

At 31 January 2024

984,378

3,315

987,693

At 31 January 2023

978,026

719

978,745

5

Debtors

2024
£

2023
£

Other debtors

2,580

5,770

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Other creditors

750

750

 

Voka Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

Creditors: amounts falling due after more than one year

2024
£

2023
£

Due after one year

Bank loan

495,000

495,000

Amounts owed to group undertakings

419,828

305,097

Other creditors

346,482

339,444

1,261,310

1,139,541

The bank loan is secured on the freehold land and buildings by way of a fixed and floating charge.