07256400falsethat of the promotion of VX2023-06-012024-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-05-31http://www.companieshouse.gov.uk/cd:Director12023-06-012024-05-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-05-31http://www.companieshouse.gov.uk/cd:Director22023-06-012024-05-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-05-31http://www.companieshouse.gov.uk/cd:Director32023-06-012024-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-06-012024-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-06-012024-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-06-012024-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-05-31http://www.companieshouse.gov.uk/2023-06-012024-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/cd:FRS1022023-06-012024-05-31http://www.companieshouse.gov.uk/2024-05-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-06-012024-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-06-012024-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07256400

VXI LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/05/2024

NCL Services Ltd
Chartered Certified Accountants
3 Wood Close
Strensall
York
N Yorks
YO32 5YH

VXI LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
DIRECTORS
Mr T Hildreth
Mr P M Hildreth
Mrs H Mackenzie
REGISTERED OFFICE
3 Wood Close
Strensall
York
N Yorks
YO32 5YH
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07256400
ACCOUNTANTS
NCL Services Ltd
Chartered Certified Accountants
3 Wood Close
Strensall
York
N Yorks
YO32 5YH

VXI LIMITED

BALANCE SHEET AT 31/05/2024
20242023
Notes££
FIXED ASSETS
Tangible assets21,0601,415
CURRENT ASSETS
Stock10,83612,980
Debtors3600600
Cash at bank and in hand11,58014,930
23,01628,510
CREDITORS: Amounts falling due within one year492,23391,971
NET CURRENT LIABILITIES(69,217)(63,461)
TOTAL ASSETS LESS CURRENT LIABILITIES(68,157)(62,046)
CAPITAL AND RESERVES
Called up share capital6600600
Profit and loss account(68,757)(62,646)
SHAREHOLDERS' FUNDS(68,157)(62,046)
For the year ending 31/05/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 10/02/2025 and signed on their behalf by
.............................
Mr P M Hildreth
Director

VXI LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. TANGIBLE FIXED ASSETS
Commercial
VehiclesTotal
££
Cost
At 01/06/202310,61510,615
At 31/05/202410,61510,615
Depreciation
At 01/06/20239,2009,200
For the year355355
At 31/05/20249,5559,555
Net Book Amounts
At 31/05/20241,0601,060
At 31/05/20231,4151,415

VXI LIMITED

3. DEBTORS 20242023
££
Amounts falling due within one year
Trade Debtors600600
600600
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
VAT534278
Director's Loan Account91,30991,303
Trade Creditors390390
92,23391,971
5. EMPLOYEES
20242023
No.No.
Average number of employees--
6. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
600Ordinary sharesof £1.00600600
600600