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Company Registration No. 12411733 (England and Wales)
VAW SOLUTIONS LTD Unaudited accounts for the year ended 31 January 2025
VAW SOLUTIONS LTD Unaudited accounts Contents
Page
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VAW SOLUTIONS LTD Company Information for the year ended 31 January 2025
Directors
Wayne David Allen VIcki Jane Hillier
Company Number
12411733 (England and Wales)
Registered Office
3 EAGLE LANE WATCHFIELD SWINDON SN6 8TF ENGLAND
Accountants
J JENKIN & ASSOCIATES LIMITED POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT
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VAW SOLUTIONS LTD Accountants' report
Accountants' report to the board of directors of VAW SOLUTIONS LTD on the preparation of the unaudited statutory accounts for the year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of VAW SOLUTIONS LTD for the year ended 31 January 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of VAW SOLUTIONS LTD, as a body, in accordance with the terms of our engagement letter dated 5 January 2020. Our work has been undertaken solely to prepare for your approval the accounts of VAW SOLUTIONS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than VAW SOLUTIONS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that VAW SOLUTIONS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of VAW SOLUTIONS LTD. You consider that VAW SOLUTIONS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of VAW SOLUTIONS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
J JENKIN & ASSOCIATES LIMITED POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT 22 April 2025
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VAW SOLUTIONS LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
12 
192 
Investment property
650,000 
567,260 
650,012 
567,452 
Current assets
Debtors
627 
178 
Cash at bank and in hand
1,673 
2,659 
2,300 
2,837 
Creditors: amounts falling due within one year
(951)
(19,295)
Net current assets/(liabilities)
1,349 
(16,458)
Total assets less current liabilities
651,361 
550,994 
Creditors: amounts falling due after more than one year
(601,434)
(568,182)
Provisions for liabilities
Deferred tax
(20,685)
- 
Net assets/(liabilities)
29,242 
(17,188)
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
62,055 
- 
Profit and loss account
(32,815)
(17,190)
Shareholders' funds
29,242 
(17,188)
For the year ending 31 January 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 22 April 2024 and were signed on its behalf by
Wayne David Allen Director Company Registration No. 12411733
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VAW SOLUTIONS LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
VAW SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 12411733. The registered office is 3 EAGLE LANE, WATCHFIELD, SWINDON, SN6 8TF, 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.
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
33.33% Straight Line
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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VAW SOLUTIONS LTD Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2024
1,580 
At 31 January 2025
1,580 
Depreciation
At 1 February 2024
1,388 
Charge for the year
180 
At 31 January 2025
1,568 
Net book value
At 31 January 2025
12 
At 31 January 2024
192 
5
Investment property
2025 
£ 
Fair value at 1 February 2024
567,260 
Net gain from fair value adjustments
82,740 
At 31 January 2025
650,000 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
627 
178 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
673 
18,132 
Trade creditors
- 
213 
Accruals
278 
950 
951 
19,295 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
379,813 
362,353 
Loans from directors
221,621 
205,829 
601,434 
568,182 
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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