Company Registration No. 10228062 (England and Wales)
Vector Rope Access UK Limited
Unaudited accounts
for the year ended 30 June 2024
Vector Rope Access UK Limited
Unaudited accounts
Contents
Vector Rope Access UK Limited
Company Information
for the year ended 30 June 2024
Company Number
10228062 (England and Wales)
Registered Office
UNIT 8
TRELOGGAN TRADE PARK
NEWQUAY
TR7 2QL
ENGLAND
Accountants
Chynance Accountancy Services Ltd
2 King Mark House
Stret Constantine
Newquay
Cornwall
TR7 1GF
Vector Rope Access UK Limited
Statement of financial position
as at 30 June 2024
Tangible assets
59,255
43,311
Cash at bank and in hand
92,665
29,228
Creditors: amounts falling due within one year
(244,230)
(123,538)
Net current assets
59,122
144,934
Total assets less current liabilities
118,377
188,245
Creditors: amounts falling due after more than one year
(50,139)
(64,078)
Called up share capital
10
10
Profit and loss account
68,228
124,157
Shareholders' funds
68,238
124,167
For the year ending 30 June 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 20 January 2025 and were signed on its behalf by
Jonathan Hunt
Director
Company Registration No. 10228062
Vector Rope Access UK Limited
Notes to the Accounts
for the year ended 30 June 2024
Vector Rope Access UK Limited is a private company, limited by shares, registered in England and Wales, registration number 10228062. The registered office is UNIT 8, TRELOGGAN TRADE PARK, NEWQUAY, TR7 2QL, 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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
41,272
61,571
2,046
104,889
Additions
12,356
19,992
3,347
35,695
At 30 June 2024
53,628
81,563
5,393
140,584
At 1 July 2023
29,766
30,459
1,353
61,578
Charge for the year
5,965
12,776
1,010
19,751
At 30 June 2024
35,731
43,235
2,363
81,329
At 30 June 2024
17,897
38,328
3,030
59,255
At 30 June 2023
11,506
31,112
693
43,311
Vector Rope Access UK Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
173,325
225,189
Accrued income and prepayments
8,487
11,755
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,403
5,403
Obligations under finance leases and hire purchase contracts
8,385
8,385
Trade creditors
153,547
85,901
Taxes and social security
43,527
17,760
Other creditors
7,656
1,331
Loans from directors
(5,785)
(3,371)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
23,821
32,206
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).