Company registration number 11481700 (England and Wales)
VOLTALIS UK LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
VOLTALIS UK LIMITED
COMPANY INFORMATION
Directors
M. BINEAU
A. GALLEY
Company number
11481700
Registered office
C/O Irwin Mitchell Llp Riverside East, 2 Millsands
Sheffield
South Yorkshire
United Kingdom
S3 8DT
Auditor
FC EXPERTISE LTD
23 Copenhagen Street
N1 0JB London
UK
London
N1 0JB
VOLTALIS UK LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
VOLTALIS UK LIMITED
BALANCE SHEET
AS AT
30 JUNE 2024
30 June 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,009
1,615
Current assets
Debtors
4
130,508
187,584
Cash at bank and in hand
648,869
12,522
779,377
200,106
Creditors: amounts falling due within one year
5
(1,635,703)
(711,711)
Net current liabilities
(856,326)
(511,605)
Total assets less current liabilities
(855,317)
(509,990)
Capital and reserves
Called up share capital
5,000
5,000
Profit and loss reserves
(860,317)
(514,990)
Total equity
(855,317)
(509,990)

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 22 May 2025 and are signed on its behalf by:
M. BINEAU
Director
Company Registration No. 11481700
VOLTALIS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 2 -
1
Accounting policies
Company information
VOLTALIS UK LIMITED is a limited company domiciled and incorporated in England and Wales. The registered office is C/O Irwin Mitchell Llp Riverside East 2 Millsands Sheffield South Yorkshire S3 8DT United Kingdom.
1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements:

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

 

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

1.3
Tangible fixed assets

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
33%

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

VOLTALIS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1
Accounting policies
(Continued)
- 3 -
1.5
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.7
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
2
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2023 and 30 June 2024
1,817
Depreciation and impairment
At 1 July 2023
202
Depreciation charged in the year
606
At 30 June 2024
808
Carrying amount
At 30 June 2024
1,009
At 30 June 2023
1,615
VOLTALIS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 4 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
49,187
8,225
Finance leases receivable
706
-
0
Other debtors
37,594
1,511
Prepayments
29,003
30,383
Accrued income
14,018
147,465
130,508
187,584
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
349,769
38,562
Amounts owed to group undertakings
812,131
470,977
Taxation and social security
2,450
4,056
Other creditors
192
-
0
Accruals
471,161
198,116
1,635,703
711,711
6
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

The senior statutory auditor was Olivier PJ Foucault and the auditor was FC EXPERTISE LTD.
7
Related party transactions

The company has taken advantage of the exemption not to disclose transactions entered into by two or members of a group where a subsidiary that is party to a transaction is wholly owned by such a member.

The company is a wholly owned subsidiary of Voltalis SA, a company incorporated in France.

8
Parent company

The immediate and ultimate parent company is Voltalis SA, a company registered in France.

Voltalis SA prepared group financial statements and copies can be obtaines from 75 av des Champs Elysées 75008 Paris, France.

 

 

 

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