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Registered Number: 10857037
England and Wales

 

 

 

VITY LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 July 2023

End date: 30 June 2024
  2024   2023
    £ £   £ £
Fixed assets   802      842 
Current assets 132,113      52,242   
Creditors: amount falling due within one year (138,671)     (60,722)  
Net current assets   (6,558)     (8,480)
Total assets less current liabilities   (5,756)     (7,638)
Creditors: amount falling due after more than one year   (14,337)     (14,652)
Provisions for liabilities   (63)     (71)
Net assets   (20,156)     (22,361)
 

         
Capital and reserves   (20,156)     (22,361)
 
NOTES TO THE ACCOUNTS

General Information
Vity Limited is a private company, limited by shares, registered in England and Wales, registration number 10857037, registration address Unit 2 Manor Mill Court, Manor Mill Lane, Leeds, West Yorkshire, LS11 8LQ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).

3.

Director’s loan

Director's Loan

At 30th June 2024 the Directors Loan Account of £3,224 (2023: £926) is unsecured, repayable on demand and currently interest free. During the period the director incurred the following transactions:


Directors Loan Account   Balance B/F
£
  Advances
£
  Credits
£
  Balance C/F
£
D Bryne 926  6,038  (3,740) 3,224 
926  6,038  (3,740) 3,224 


For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 13 February 2025 and were signed on its behalf by:


--------------------------------
D A Byrne
Director
1