1 January 2024 false Taxfiler 2024.6 08320509business:PrivateLimitedCompanyLtd2024-01-012024-12-31 083205092023-12-31 083205092024-01-012024-12-31 08320509business:AuditExemptWithAccountantsReport2024-01-012024-12-31 08320509business:FilletedAccounts2024-01-012024-12-31 083205092024-12-31 08320509business:Director12024-01-012024-12-31 08320509business:RegisteredOffice2024-01-012024-12-31 083205092023-12-31 08320509core:WithinOneYear2024-12-31 08320509core:WithinOneYear2023-12-31 08320509core:AfterOneYear2024-12-31 08320509core:AfterOneYear2023-12-31 08320509core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 08320509core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 08320509core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 08320509core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 08320509core:PreviouslyStatedAmount2024-12-31 08320509core:PreviouslyStatedAmount2023-12-31 08320509business:SmallEntities2024-01-012024-12-31 08320509countries:EnglandWales2024-01-012024-12-31 08320509core:Goodwill2023-12-31 08320509core:Goodwill2024-12-31 08320509core:Goodwill2024-01-012024-12-31 08320509core:PlantMachinery2023-12-31 08320509core:MotorVehicles2023-12-31 08320509core:FurnitureFittings2023-12-31 08320509core:PlantMachinery2024-12-31 08320509core:MotorVehicles2024-12-31 08320509core:FurnitureFittings2024-12-31 08320509core:PlantMachinery2024-01-012024-12-31 08320509core:MotorVehicles2024-01-012024-12-31 08320509core:FurnitureFittings2024-01-012024-12-31 08320509core:AfterOneYear2024-01-012024-12-31 083205092023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 08320509 (England and Wales)
VONVIL JUNK LTD Unaudited accounts for the year ended 31 December 2024
VONVIL JUNK LTD Unaudited accounts Contents
Page
- 2 -
VONVIL JUNK LTD Company Information for the year ended 31 December 2024
Director
Mr.Gayan Duminda Dahanayake
Company Number
08320509 (England and Wales)
Registered Office
24 Montgomery Avenue Chatham Kent ME5 0HA England
Accountants
Philip Nolan Accountants Unit 16, International House Cray Avenue Orpington BR5 3RS
- 3 -
VONVIL JUNK LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
2,700 
3,600 
Tangible assets
7,684 
9,761 
10,384 
13,361 
Current assets
Debtors
10,026 
23,806 
Cash at bank and in hand
5,107 
7,856 
15,133 
31,662 
Creditors: amounts falling due within one year
(25,408)
(55,055)
Net current liabilities
(10,275)
(23,393)
Total assets less current liabilities
109 
(10,032)
Creditors: amounts falling due after more than one year
(37,000)
(37,000)
Net liabilities
(36,891)
(47,032)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(36,991)
(47,132)
Shareholders' funds
(36,891)
(47,032)
For the year ending 31 December 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 9 November 2024 and were signed on its behalf by
Mr.Gayan Duminda Dahanayake Director Company Registration No. 08320509
- 4 -
VONVIL JUNK LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
VONVIL JUNK LTD is a private company, limited by shares, registered in England and Wales, registration number 08320509. The registered office is 24 Montgomery Avenue, Chatham, Kent, ME5 0HA, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognized when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognized by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortization and any accumulative impairment losses.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost.Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,over the useful economic life of that asset as follows: Fixtures & Fittings-15% (Reducing balance method) Motor Vehicles-20% (Reducing balance method) Equipment-15% (Reducing balance method)
Amortization
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value,over the useful economic life of that asset as follows: Web site - 15 years on straight line basis
- 5 -
VONVIL JUNK LTD Notes to the Accounts for the year ended 31 December 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
13,500 
At 31 December 2024
13,500 
Amortisation
At 1 January 2024
9,900 
Charge for the year
900 
At 31 December 2024
10,800 
Net book value
At 31 December 2024
2,700 
At 31 December 2023
3,600 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
18,191 
41,180 
3,000 
62,371 
At 31 December 2024
18,191 
41,180 
3,000 
62,371 
Depreciation
At 1 January 2024
13,944 
36,378 
2,288 
52,610 
Charge for the year
750 
1,201 
126 
2,077 
At 31 December 2024
14,694 
37,579 
2,414 
54,687 
Net book value
At 31 December 2024
3,497 
3,601 
586 
7,684 
At 31 December 2023
4,247 
4,802 
712 
9,761 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,026 
22,654 
Accrued income and prepayments
- 
1,152 
10,026 
23,806 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
228 
15,118 
Taxes and social security
5,102 
6,549 
Loans from directors
20,078 
33,388 
25,408 
55,055 
- 6 -
VONVIL JUNK LTD Notes to the Accounts for the year ended 31 December 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
37,000 
37,000 
The £ 37,000 amount in the bank loans represent the bounce back loan.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 7 -