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Company Registration No. 06904677 (England and Wales)
VIL FUELS LTD Unaudited accounts for the year ended 31 May 2024
VIL FUELS LTD Unaudited accounts Contents
Page
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VIL FUELS LTD Company Information for the year ended 31 May 2024
Director
Marian VILCIU
Company Number
06904677 (England and Wales)
Registered Office
165 YORK ROAD MAIDSTONE KENT ME15 7QX
Accountants
Anit Shah MAAT Laxmi Accountancy Ltd 27 Belvedere Way Harrow Middlesex HA3 9XQ
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VIL FUELS LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
277,526 
346,980 
Current assets
Inventories
13,091 
184,380 
Cash at bank and in hand
79,082 
126,795 
92,173 
311,175 
Creditors: amounts falling due within one year
(89,286)
(293,485)
Net current assets
2,887 
17,690 
Total assets less current liabilities
280,413 
364,670 
Creditors: amounts falling due after more than one year
(8,047)
(60,661)
Net assets
272,366 
304,009 
Capital and reserves
Share premium
100 
100 
Profit and loss account
272,266 
303,909 
Shareholders' funds
272,366 
304,009 
For the year ending 31 May 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 his 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 26 February 2025 and were signed on its behalf by
Marian VILCIU Director Company Registration No. 06904677
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VIL FUELS LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
VIL FUELS LTD is a private company, limited by shares, registered in England and Wales, registration number 06904677. The registered office is 165 YORK ROAD, MAIDSTONE, KENT, ME15 7QX.
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
25%
Motor vehicles
25%
Computer equipment
25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
481,240 
231,825 
539 
713,604 
At 31 May 2024
481,240 
231,825 
539 
713,604 
Depreciation
At 1 June 2023
209,640 
156,517 
467 
366,624 
Charge for the year
54,320 
15,062 
72 
69,454 
At 31 May 2024
263,960 
171,579 
539 
436,078 
Net book value
At 31 May 2024
217,280 
60,246 
- 
277,526 
At 31 May 2023
271,600 
75,308 
72 
346,980 
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VIL FUELS LTD Notes to the Accounts for the year ended 31 May 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,890 
10,649 
VAT
22,300 
31,720 
Obligations under finance leases and hire purchase contracts
44,157 
213,428 
Taxes and social security
13,939 
12,972 
Other creditors
- 
24,716 
89,286 
293,485 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
8,890 
Obligations under finance leases and hire purchase contracts
- 
43,724 
Other creditors
8,047 
8,047 
8,047 
60,661 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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