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Company Registration No. 10248266 (England and Wales)
VIO INFOTECH LIMITED Unaudited accounts for the year ended 30 June 2024
VIO INFOTECH LIMITED Unaudited accounts Contents
Page
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VIO INFOTECH LIMITED Company Information for the year ended 30 June 2024
Director
Manojkumar KRISHNAMOORTHY
Company Number
10248266 (England and Wales)
Registered Office
32 KING ALFRED DRIVE DIDCOT OX11 7NT ENGLAND
Accountants
Orb7 Limited 53 Peartree Drive,Farnworth,Bolton,Lanca Manchester Bolton Lancashire BL4 9RR
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VIO INFOTECH LIMITED Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
544 
- 
Current assets
Debtors
21,083 
- 
Cash at bank and in hand
69,928 
90,480 
91,011 
90,480 
Creditors: amounts falling due within one year
(2,041)
(2,833)
Net current assets
88,970 
87,647 
Total assets less current liabilities
89,514 
87,647 
Creditors: amounts falling due after more than one year
(34,668)
(40,092)
Net assets
54,846 
47,555 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
54,746 
47,455 
Shareholders' funds
54,846 
47,555 
For the year ending 30 June 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 27 March 2025 and were signed on its behalf by
Manojkumar KRISHNAMOORTHY Director Company Registration No. 10248266
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VIO INFOTECH LIMITED Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
VIO INFOTECH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10248266. The registered office is 32 KING ALFRED DRIVE, DIDCOT, OX11 7NT, 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 recognised 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 recognised 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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:
Computer equipment
25% Diminishing balancing method
Government grants- Covid -19
Government grants in relation to job retention scheme are credited to profit and loss account , whereas those in relation to expenditure are charged to profit and loss. Also, local council grants are received in terms of Covid-19 pandemic are credit to profit and loss account under other operating expenses, whereas all fixed cost against these are debited in the profit and loss account too.
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VIO INFOTECH LIMITED Notes to the Accounts for the year ended 30 June 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
1,750 
- 
1,750 
Additions
- 
725 
725 
At 30 June 2024
1,750 
725 
2,475 
Depreciation
At 1 July 2023
1,750 
- 
1,750 
Charge for the year
- 
181 
181 
At 30 June 2024
1,750 
181 
1,931 
Net book value
At 30 June 2024
- 
544 
544 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
21,083 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,551 
2,833 
Accruals
490 
- 
2,041 
2,833 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
34,668 
40,092 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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