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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
Page
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Vector Rope Access UK Limited Company Information for the year ended 30 June 2024
Director
Jonathan Hunt
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
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Vector Rope Access UK Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
59,255 
43,311 
Current assets
Inventories
28,875 
2,300 
Debtors
181,812 
236,944 
Cash at bank and in hand
92,665 
29,228 
303,352 
268,472 
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)
Net assets
68,238 
124,167 
Capital and reserves
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
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Vector Rope Access UK Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 30 June 2024
17,897 
38,328 
3,030 
59,255 
At 30 June 2023
11,506 
31,112 
693 
43,311 
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Vector Rope Access UK Limited Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
173,325 
225,189 
Accrued income and prepayments
8,487 
11,755 
181,812 
236,944 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,403 
5,403 
VAT
31,497 
3,873 
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)
Accruals
- 
4,256 
244,230 
123,538 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
26,318 
31,872 
Obligations under finance leases and hire purchase contracts
23,821 
32,206 
50,139 
64,078 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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