Company Registration No. 10308432 (England and Wales)
Vsmr Limited
Unaudited accounts
for the year ended 29 February 2024
Vsmr Limited
Unaudited accounts
Contents
Vsmr Limited
Company Information
for the year ended 29 February 2024
Company Number
10308432 (England and Wales)
Registered Office
1 Yew Tree Cottage
Carters Piece
English Bicknor
Coleford
Gloucestershire
GL16 7ES
England
Vsmr Limited
Statement of financial position
as at 29 February 2024
Tangible assets
4,889
2,270
Cash at bank and in hand
808
968
Creditors: amounts falling due within one year
(5,144)
(7,589)
Net current liabilities
(3,240)
(4,517)
Net assets/(liabilities)
1,649
(2,247)
Called up share capital
100
100
Profit and loss account
1,549
(2,347)
Shareholders' funds
1,649
(2,247)
For the year ending 29 February 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 her 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 28 January 2025 and were signed on its behalf by
Sarah Cochrane
Director
Company Registration No. 10308432
Vsmr Limited
Notes to the Accounts
for the year ended 29 February 2024
Vsmr Limited is a private company, limited by shares, registered in England and Wales, registration number 10308432. The registered office is 1 Yew Tree Cottage, Carters Piece, English Bicknor, Coleford, Gloucestershire, GL16 7ES, 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
20% on Cost
Fixtures & fittings
20% on Cost
Computer equipment
33.34% on Cost
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
1,971
2,819
-
4,790
Additions
3,756
-
240
3,996
At 29 February 2024
5,727
2,819
240
8,786
At 1 March 2023
344
2,176
-
2,520
Charge for the year
1,094
203
80
1,377
At 29 February 2024
1,438
2,379
80
3,897
At 29 February 2024
4,289
440
160
4,889
At 28 February 2023
1,627
643
-
2,270
Vsmr Limited
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Accrued income and prepayments
-
2,104
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,430
1,506
Taxes and social security
191
520
Other creditors
2,853
3,256
Loans from directors
70
2,307
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Advanced
2,307
(2,237)
-
70
The majority of the advance made by the director in March 2022, was repaid during the current year. A small amount remains due to the director at February 2024.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).