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Company Registration No. 01706505 (England and Wales)
VARNDIO LIMITED Unaudited accounts for the year ended 30 September 2024
VARNDIO LIMITED Unaudited accounts Contents
Page
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VARNDIO LIMITED Company Information for the year ended 30 September 2024
Directors
RAY CLARK BRIAN WAITE CHRIS WAITE
Company Number
01706505 (England and Wales)
Registered Office
1 BLAXTON PLACE WHICKHAM NEWCASTLE UPON TYNE TYNE AND WEAR NE16 5BU ENGLAND
Accountants
PAUL PURDHAM 26 MILLERS HILL HOUGHTON LE SPRING TYNE AND WEAR DH4 7AJ
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VARNDIO LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
20,000 
25,000 
Tangible assets
- 
204 
20,000 
25,204 
Current assets
Inventories
34,766 
23,957 
Debtors
6,407 
- 
Cash at bank and in hand
72,719 
78,510 
113,892 
102,467 
Creditors: amounts falling due within one year
(47,260)
(51,148)
Net current assets
66,632 
51,319 
Net assets
86,632 
76,523 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
86,532 
76,423 
Shareholders' funds
86,632 
76,523 
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 6 December 2024 and were signed on its behalf by
BRIAN WAITE Director Company Registration No. 01706505
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VARNDIO LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
VARNDIO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 01706505. The registered office is 1 BLAXTON PLACE, WHICKHAM, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE16 5BU, 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
Over 5 years
Motor vehicles
Over 4 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is amortised in equal instalments over 10 years.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 October 2023
50,000 
At 30 September 2024
50,000 
Amortisation
At 1 October 2023
25,000 
Charge for the year
5,000 
At 30 September 2024
30,000 
Net book value
At 30 September 2024
20,000 
At 30 September 2023
25,000 
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VARNDIO LIMITED Notes to the Accounts for the year ended 30 September 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
27,719 
3,300 
31,019 
At 30 September 2024
27,719 
3,300 
31,019 
Depreciation
At 1 October 2023
27,515 
3,300 
30,815 
Charge for the year
204 
- 
204 
At 30 September 2024
27,719 
3,300 
31,019 
Net book value
At 30 September 2024
- 
- 
- 
At 30 September 2023
204 
- 
204 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
6,407 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
8,271 
11,140 
Taxes and social security
29,382 
23,646 
Loans from directors
6,857 
12,857 
Accruals
2,750 
3,505 
47,260 
51,148 
8
Average number of employees
During the year the average number of employees was 4 (2023: 3).
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