0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-06-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 09590653 2023-06-01 2024-05-31 09590653 2024-05-31 09590653 2023-05-31 09590653 2022-06-01 2023-05-31 09590653 2023-05-31 09590653 2022-05-31 09590653 bus:Director1 2023-06-01 2024-05-31 09590653 core:WithinOneYear 2024-05-31 09590653 core:WithinOneYear 2023-05-31 09590653 core:ShareCapital 2024-05-31 09590653 core:ShareCapital 2023-05-31 09590653 core:RetainedEarningsAccumulatedLosses 2024-05-31 09590653 core:RetainedEarningsAccumulatedLosses 2023-05-31 09590653 bus:SmallEntities 2023-06-01 2024-05-31 09590653 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 09590653 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09590653 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09590653 bus:FullAccounts 2023-06-01 2024-05-31
COMPANY REGISTRATION NUMBER: 09590653
VODOVNIK LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 May 2024
VODOVNIK LIMITED
FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2024
CONTENTS
PAGE
Statement of financial position
1
Notes to the financial statements
3
VODOVNIK LIMITED
STATEMENT OF FINANCIAL POSITION
31 May 2024
2024
2023
Note
£
£
£
£
CURRENT ASSETS
Debtors
4
165
165
Cash at bank and in hand
924,304
865,553
----------
----------
924,469
865,718
CREDITORS: amounts falling due within one year
5
912,215
865,685
----------
----------
NET CURRENT ASSETS
12,254
33
---------
----
TOTAL ASSETS LESS CURRENT LIABILITIES
12,254
33
---------
----
NET ASSETS
12,254
33
---------
----
VODOVNIK LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
31 May 2024
2024
2023
Note
£
£
£
£
CAPITAL AND RESERVES
Called up share capital
100
100
Profit and loss account
12,154
( 67)
---------
----
SHAREHOLDERS FUNDS
12,254
33
---------
----
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 22 February 2025 , and are signed on behalf of the board by:
Dr A Vodovnik
Director
Company registration number: 09590653
VODOVNIK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Equitable House, 55 Pellon Lane, Halifax, West Yorkshire, HX1 5SP, United Kingdom.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are not considered to be any judgements or accounting estimates or assumptions that have a significant impact on the financial statements.
Current and deferred tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
4. DEBTORS
2024
2023
£
£
Other debtors
165
165
----
----
5. CREDITORS: amounts falling due within one year
2024
2023
£
£
Corporation tax
3,101
Other creditors
909,114
865,685
----------
----------
912,215
865,685
----------
----------
6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES
The directors loan account was in credit throughout the year. The loan is repayable on demand and no interest is charged.