Company Registration No. 12613802 (England and Wales)
UK VPN LTD
Unaudited accounts
for the year ended 31 May 2024
UK VPN LTD
Unaudited accounts
Contents
UK VPN LTD
Company Information
for the year ended 31 May 2024
Director
Joshua Christopher Paul
Company Number
12613802 (England and Wales)
Registered Office
20 Wenlock Road
London
N1 7GU
Accountants
Mayflower Accountancy & Tax Limited
Unit A, Angel Business Centre
1 Luton Road
Toddington
Bedfordshire
LU5 6DE
UK VPN LTD
Statement of financial position
as at 31 May 2024
Tangible assets
45,427
2,902
Cash at bank and in hand
236,736
210,059
Creditors: amounts falling due within one year
(236,270)
(174,004)
Net current assets
83,550
36,077
Total assets less current liabilities
128,977
38,979
Creditors: amounts falling due after more than one year
(36,718)
-
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
89,754
38,246
Shareholders' funds
89,755
38,247
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
Joshua Christopher Paul
Director
Company Registration No. 12613802
UK VPN LTD
Notes to the Accounts
for the year ended 31 May 2024
UK VPN LTD is a private company, limited by shares, registered in England and Wales, registration number 12613802. The registered office is 20 Wenlock Road, London, N1 7GU.
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
Reducing Balance 20%
Motor vehicles
Reducing Balance 20%
Computer equipment
Straight Line 3 years
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
UK VPN LTD
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
1,358
-
7,164
8,522
Additions
935
43,215
4,034
48,184
At 31 May 2024
2,293
43,215
11,198
56,706
At 1 June 2023
666
-
4,954
5,620
Charge for the year
254
2,432
2,973
5,659
At 31 May 2024
920
2,432
7,927
11,279
At 31 May 2024
1,373
40,783
3,271
45,427
At 31 May 2023
692
-
2,210
2,902
Amounts falling due within one year
Amounts due from group undertakings etc.
81,994
-
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
5,519
-
Taxes and social security
198,256
162,982
Other creditors
16,684
722
Loans from directors
1,187
-
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
36,718
-
UK VPN LTD
Notes to the Accounts
for the year ended 31 May 2024
8
Deferred taxation
2024
2023
Accelerated capital allowances
2,504
732
Provision at start of year
732
20,695
Charged/(credited) to the profit and loss account
1,772
(19,963)
Provision at end of year
2,504
732
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).