2023-04-01 13372650 2024-03-31 13372650 2023-04-01 2024-03-31 13372650 2023-03-31 13372650 2022-04-01 2023-03-31 13372650 uk-core:WithinOneYear 2023-03-31 13372650 uk-core:WithinOneYear 2024-03-31 13372650 uk-core:ShareCapital 2024-03-31 13372650 uk-core:ShareCapital 2023-03-31 13372650 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 13372650 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 13372650 uk-bus:Director1 2023-04-01 2024-03-31 13372650 uk-core:Goodwill 2023-03-31 13372650 uk-core:Goodwill 2024-03-31 13372650 uk-core:Goodwill 2023-04-01 2024-03-31 13372650 uk-core:Vehicles 2023-03-31 13372650 uk-core:PlantMachinery 2023-03-31 13372650 uk-core:PlantMachinery 2024-03-31 13372650 uk-core:Vehicles 2024-03-31 13372650 uk-core:Vehicles 2023-04-01 2024-03-31 13372650 uk-core:PlantMachinery 2023-04-01 2024-03-31 13372650 uk-core:WithinOneYear 2024-03-31 13372650 uk-core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure 13372650 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 13372650 uk-bus:FRS102 2023-04-01 2024-03-31 13372650 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 13372650 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
VMS 2021 Ltd
Registered Number:13372650
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
VMS 2021 Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
13372650
As at 31 March 2024
VMS 2021 Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
4,250
4,500
2
Property, plant and equipment
35,360
48,675
3
39,610
53,175
Current assets
Trade and other receivables
47,001
50,081
4
28,476
Cash and cash equivalents
21,637
71,718
75,477
Trade and other payables: amounts falling due within one year
(99,857)
(66,073)
5
(24,380)
5,645
Net current assets
Total assets less current liabilities
45,255
28,795
45,255
Net assets
28,795
Capital and reserves
Called up share capital
1
1
Retained earnings
45,254
28,794
45,255
28,795
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and
which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Craig Bellwood Director
These financial statements were approved and authorised for issue by the Board on 24 October 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2024
VMS 2021 Ltd
Notes to the Financial Statements
Statutory Information
VMS 2021 Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 13372650.
Registered address:
55-57 High Street
Metheringham
Lincoln
LIncolnshire
LN4 3DZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.
The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain
assets.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 April 2023
5,000
At 31 March 2024
5,000
Amortisation
At 01 April 2023
500
250
Charge for year
At 31 March 2024
750
Net book value
At 31 March 2024
4,250
At 31 March 2023
4,500
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5
For the year ended 31 March 2024
VMS 2021 Ltd
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Motor Vehicles
Plant and
Machinery
£
£
£
Cost or valuation
At 01 April 2023
66,755
59,934
6,821
At 31 March 2024
6,821
59,934
66,755
Provision for depreciation and impairment
At 01 April 2023
18,080
16,446
1,634
Charge for year
9,215
8,178
1,037
4,100
4,100
-
On disposal
At 31 March 2024
31,395
28,724
2,671
At 31 March 2024
Net book value
4,150
31,210
35,360
At 31 March 2023
5,187
43,488
48,675
4. Trade and other receivables
2023
2024
£
£
Trade debtors
50,081
47,001
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
1,569
-
Trade creditors
52,570
77,192
Taxation and social security
2,159
1,494
Other creditors
9,775
21,171
66,073
99,857
6. Average number of persons employed
During the year the average number of employees was 12 (2023 : 12)
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