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VXPARTNERS LIMITED

Registered Number
04432228
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2024

VXPARTNERS LIMITED
Company Information
for the year from 1 May 2023 to 30 April 2024

Directors

JUPE, Colin Peter
JUPE, Karen Patricia

Company Secretary

JUPE, Colin Peter

Registered Address

26 Berkeley Square
Bristol
BS8 1HP

Registered Number

04432228 (England and Wales)
VXPARTNERS LIMITED
Statement of Financial Position
30 April 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets32,3123,405
2,3123,405
Current assets
Debtors15,7083,804
Cash at bank and on hand15,1053,190
30,8136,994
Creditors amounts falling due within one year4(10,758)(10,295)
Net current assets (liabilities)20,055(3,301)
Total assets less current liabilities22,367104
Net assets22,367104
Capital and reserves
Called up share capital100100
Profit and loss account22,2674
Shareholders' funds22,367104
The financial statements were approved and authorised for issue by the Board of Directors on 7 October 2024, and are signed on its behalf by:
JUPE, Colin Peter
Director
JUPE, Karen Patricia
Director

Registered Company No. 04432228
VXPARTNERS LIMITED
Notes to the Financial Statements
for the year ended 30 April 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Fixtures and fittings15-
Office Equipment-3
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 May 239,058
At 30 April 249,058
Depreciation and impairment
At 01 May 235,653
Charge for year1,093
At 30 April 246,746
Net book value
At 30 April 242,312
At 30 April 233,405
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables55-
Taxation and social security5,662-
Other creditors5,0418,328
Accrued liabilities and deferred income-1,967
Total10,75810,295
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.