VT Capital Asset Management Limited
Unaudited Financial Statements
For the period ended 31 January 2024
Pages for Filing with Registrar
Company Registration No. 14618668 (England and Wales)
VT Capital Asset Management Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 3
VT Capital Asset Management Limited
Balance Sheet
As at 31 January 2024
Page 1
2024
Notes
£
£
Current assets
Debtors
3
14,742
Cash at bank and in hand
1,009
15,751
Creditors: amounts falling due within one year
4
(65,719)
Net current liabilities
(49,968)
Capital and reserves
Called up share capital
5
100
Profit and loss reserves
(50,068)
Total equity
(49,968)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial period ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 22 March 2025
Mr G Atzeri
Director
Company Registration No. 14618668
VT Capital Asset Management Limited
Notes to the Financial Statements
For the period ended 31 January 2024
Page 2
1
Accounting policies
Company information

VT Capital Asset Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is 6th Floor, 9 Appold Street, London, EC2A 2AP.

1.1
Reporting period

The accounting period for the company covers the period from 26 January 2023 to 31 January 2024. The reason for this is because this is the company's first accounting period.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

As at the balance sheet date, the company has net liabilities of £49,968. Atruet the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, due to ongoing support from the director. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

Basic financial instruments are measured at cost. The company has no other financial instruments or basic financial instruments measured at fair value.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

VT Capital Asset Management Limited
Notes to the Financial Statements (Continued)
For the period ended 31 January 2024
Page 3
2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2024
Number
Total
-
0
3
Debtors
2024
Amounts falling due within one year:
£
Other debtors
14,742
4
Creditors: amounts falling due within one year
2024
£
Corporation tax
200
Other creditors
38,437
Accruals and deferred income
27,082
65,719
5
Called up share capital
2024
2024
Ordinary share capital
Number
£
Issued and fully paid
Ordinary shares of £1 each
100
100
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