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REGISTERED NUMBER: 09255407 (England and Wales)
























Unaudited Financial Statements for the Year Ended 31 October 2024

for

VSP Interiors Ltd

VSP Interiors Ltd (Registered number: 09255407)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VSP Interiors Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Ms H von Stockhausen





REGISTERED OFFICE: Suites 48-49
Autumn Park Business Centre
Dysart Road
Grantham
Lincolnshire
NG31 7EU





REGISTERED NUMBER: 09255407 (England and Wales)





ACCOUNTANTS: Jackson JMR Limited
Suites 48-49
Autumn Park Business Centre
Dysart Road
Grantham
Lincolnshire
NG31 7EU

VSP Interiors Ltd (Registered number: 09255407)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 260,301 260,301

CURRENT ASSETS
Debtors 5 128,523 203,232
Cash at bank 560,595 341,173
689,118 544,405
CREDITORS
Amounts falling due within one year 6 152,792 136,718
NET CURRENT ASSETS 536,326 407,687
TOTAL ASSETS LESS CURRENT
LIABILITIES

796,627

667,988

CREDITORS
Amounts falling due after more than one year 7 153,553 165,179
NET ASSETS 643,074 502,809

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 642,774 502,509
SHAREHOLDERS' FUNDS 643,074 502,809

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

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

The director acknowledges her 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.

VSP Interiors Ltd (Registered number: 09255407)

Balance Sheet - continued
31 October 2024


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 9 January 2025 and were signed by:





Ms H von Stockhausen - Director


VSP Interiors Ltd (Registered number: 09255407)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

VSP Interiors 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 each asset over its estimated useful life.

Taxation
Taxation for the year 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

VSP Interiors Ltd (Registered number: 09255407)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2023
and 31 October 2024 255,865 24,197 280,062
DEPRECIATION
At 1 November 2023
and 31 October 2024 - 19,761 19,761
NET BOOK VALUE
At 31 October 2024 255,865 4,436 260,301
At 31 October 2023 255,865 4,436 260,301

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 35,169 102,890
Other debtors 93,354 100,342
128,523 203,232

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 22,518 18,723
Trade creditors 5,222 18,831
Taxation and social security 120,528 78,229
Other creditors 4,524 20,935
152,792 136,718

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 153,553 165,179

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 153,553 165,179