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REGISTERED NUMBER: 14857957 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 9 MAY 2023 TO 31 MAY 2024

FOR

V8 PHOTONICS LTD

V8 PHOTONICS LTD (REGISTERED NUMBER: 14857957)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 9 MAY 2023 TO 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


V8 PHOTONICS LTD

COMPANY INFORMATION
FOR THE PERIOD 9 MAY 2023 TO 31 MAY 2024







DIRECTOR: Dr V A Handerek





REGISTERED OFFICE: 4 Richmond Road
Grays
RM17 6DW





REGISTERED NUMBER: 14857957 (England and Wales)





ACCOUNTANTS: Goddard & Co
Chartered Accountants
3 Church Street
Odiham, Hook
Hampshire
RG29 1LU

V8 PHOTONICS LTD (REGISTERED NUMBER: 14857957)

BALANCE SHEET
31 MAY 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 2,904

CURRENT ASSETS
Debtors 5 1,000
Cash at bank 11,197
12,197
CREDITORS
Amounts falling due within one year 6 2,956
NET CURRENT ASSETS 9,241
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,145

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 12,144
12,145

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 January 2025 and were signed by:





Dr V A Handerek - Director


V8 PHOTONICS LTD (REGISTERED NUMBER: 14857957)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 9 MAY 2023 TO 31 MAY 2024

1. STATUTORY INFORMATION

V8 Photonics Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

V8 PHOTONICS LTD (REGISTERED NUMBER: 14857957)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 9 MAY 2023 TO 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 4,498
At 31 May 2024 4,498
DEPRECIATION
Charge for period 1,594
At 31 May 2024 1,594
NET BOOK VALUE
At 31 May 2024 2,904

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 1,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 2,168
Other creditors 788
2,956