Registered number
11971820
VIDEO PARTNERS LIMITED
Filleted Accounts
31 December 2024
VIDEO PARTNERS LIMITED
Registered number: 11971820
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 65,228 339,844
Cash at bank and in hand 4,912 37,395
70,140 377,239
Creditors: amounts falling due within one year 4 (101,356) (387,462)
Net current liabilities (31,216) (10,223)
Total assets less current liabilities (31,216) (10,223)
Creditors: amounts falling due after more than one year 5 (4,167) (14,167)
Net liabilities (35,383) (24,390)
Capital and reserves
Called up share capital 100 100
Profit and loss account (35,483) (24,490)
Shareholders' funds (35,383) (24,390)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Christopher John Sharp
Director
Approved by the board on 15 May 2025
VIDEO PARTNERS LIMITED
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are recognised at transaction price including any transaction costs.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price net of any transaction costs.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 4 1
3 Debtors 2024 2023
£ £
Trade debtors 65,228 (18)
Other debtors, prepayments and deposits, loans - 339,862
65,228 339,844
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 40,223 431,181
Taxation and social security costs (18,729) (53,719)
Other creditors, shareholder loan 69,862 -
101,356 387,462
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 4,167 14,167
6 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Mr Christopher John Sharp
Loan repaid before 31 March 2024 339,762 (339,762) -
339,762 - (339,762) -
7 Other information
VIDEO PARTNERS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
80 Maida Vale
London
W9 1PR
VIDEO PARTNERS LIMITED 11971820 false 2024-01-01 2024-12-31 2024-12-31 VT Final Accounts April 2025 Christopher John Sharp No description of principal activity 11971820 2023-01-01 2023-12-31 11971820 core:WithinOneYear 2023-12-31 11971820 core:AfterOneYear 2023-12-31 11971820 core:ShareCapital 2023-12-31 11971820 core:RetainedEarningsAccumulatedLosses 2023-12-31 11971820 2024-01-01 2024-12-31 11971820 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11971820 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 11971820 bus:Director40 2024-01-01 2024-12-31 11971820 1 2024-01-01 2024-12-31 11971820 2 2024-01-01 2024-12-31 11971820 bus:Director1 2024-01-01 2024-12-31 11971820 bus:Director1 1 2024-01-01 2024-12-31 11971820 countries:England 2024-01-01 2024-12-31 11971820 bus:FRS102 2024-01-01 2024-12-31 11971820 bus:FilletedAccounts 2024-01-01 2024-12-31 11971820 2024-12-31 11971820 core:WithinOneYear 2024-12-31 11971820 core:AfterOneYear 2024-12-31 11971820 core:ShareCapital 2024-12-31 11971820 core:RetainedEarningsAccumulatedLosses 2024-12-31 11971820 bus:Director1 1 2024-12-31 11971820 2023-12-31 11971820 bus:Director1 1 2023-12-31 iso4217:GBP xbrli:pure