VOLFIX Limited |
Registered number: |
11475642 |
Directors' report |
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The director presents his report and the financial statements for the year ended 31.07.2024 |
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Principal activities |
The company`s main activities were retail sales via mail order houses or via Internet and business and domestic software development. |
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Directors |
The following persons served as directors during the year: |
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Vasyl Gryshchenko |
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Director's responsibilities for preparing the financial statements in accordance with applicable law and regulations. |
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Company law requires the directors to prepare financial statements for each financial year. Under the law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standarts and applicable law). The financial statements are required by law to give a true and fair view of the state of the affairs of the company and of the profit or loss of the company for that year. In preparing these financial statements the directors are required to: |
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select suitable accounting policies and apply them consistently; |
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make judgments and estimates that are reasonable and prudent; |
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
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The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonble steps for the prevention and detection of fraud other irregularities. |
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Small company provisions |
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
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This report was approved by the board on 18.04.2025 and signed on its behalf. |
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Vasyl Gryshchenko |
Director |
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VOLFIX Limited |
Registered number: |
11475642 |
Statement of financial position |
as at 31.07.2024 |
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Notes |
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2024 |
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2023 |
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€ |
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€ |
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Current assets |
Debtors |
5 |
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3,797 |
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12,943 |
Cash at bank and in hand |
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164,617 |
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203,375 |
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168,414 |
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216,318 |
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Creditors: amounts falling due within one year |
6 |
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(2,709) |
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(61,785) |
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Net current assets |
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165,705 |
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154,533 |
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Total assets less current liabilities |
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165,705 |
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154,533 |
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Creditors: amounts falling due after more than one year |
7 |
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(1,660) |
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(2,034) |
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Net assets |
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164,045 |
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152,499 |
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Capital and reserves |
Called up share capital |
8 |
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1,121 |
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1,121 |
Profit and loss account |
9 |
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162,924 |
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151,378 |
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Shareholders' funds |
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164,045 |
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152,499 |
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a. For the year under review the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to the small companies regime. |
b. The members have not required the company to obtain an audit of in accordance with section 476 of the Companies Act 2006. |
c. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accountiong records and the preparation of accounts. |
d. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. |
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Vasyl Gryshchenko |
Director |
Approved by the board on 18.04.2025 |
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VOLFIX Limited |
Notes to the financial statements |
for the year ended 31.07.2024 |
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1 |
General information |
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The company is a private company limited by shares, registered in the UK. The address of registerd office is C/O Law & Tax International Solutions, 25, City Road, London, United Kingdom, EC1Y 1AA |
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2 |
Statement of compliance |
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These financial statements have been prepeared under the historical cost convention and in compliance with the provisions of FRS 102, Section 1A, "The Financial Reporting Standard applicable in the UK and Republic of Ireland". |
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3 |
Accounting policies |
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Basis of preparation |
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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. |
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4 |
Turnover |
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Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
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5 |
Debtors |
2024 |
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2023 |
€ |
€ |
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Prepayment |
3,049 |
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11,822 |
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Other debtors |
748 |
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1,121 |
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3,797 |
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12,943 |
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6 |
Creditors: amounts falling due within one year |
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2024 |
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2023 |
€ |
€ |
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Duties and Taxes |
2,709 |
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9,525 |
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Trade creditors |
45,350 |
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Other creditors |
6,910 |
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2,709 |
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61,785 |
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7 |
Creditors: amounts falling due after more than one year |
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2024 |
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2023 |
€ |
€ |
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Other creditors |
1,660 |
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2,034 |
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1,660 |
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2,034 |
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8 |
Share capital |
Nominal |
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2024 |
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2024 |
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2023 |
value |
Number |
€ |
€ |
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Ordinary shares |
£1 each |
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1,000 |
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1,121 |
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1,121.00 |
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9 |
Profit and loss account |
2024 |
€ |
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At 31.07.2023 |
151,378 |
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Profit for the year |
11,546 |
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At 31.07.2024 |
162,924 |
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10 |
EMPLOYEE INFORMATION |
2024 |
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Average number of persons employed by the company 0 |