M Volks Limited 11881442 true 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is Courier for Yodel Digita Accounts Production Advanced 6.30.9574.0 true M Creaser 11881442 2024-04-01 2025-03-31 11881442 2025-03-31 11881442 core:RetainedEarningsAccumulatedLosses 2025-03-31 11881442 core:ShareCapital 2025-03-31 11881442 core:CurrentFinancialInstruments 2025-03-31 11881442 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 11881442 bus:FRS102 2024-04-01 2025-03-31 11881442 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11881442 bus:FullAccounts 2024-04-01 2025-03-31 11881442 bus:RegisteredOffice 2024-04-01 2025-03-31 11881442 bus:Director1 2024-04-01 2025-03-31 11881442 bus:EntityNoLongerTradingButTradedInPast 2024-04-01 2025-03-31 11881442 bus:Consolidated 2024-04-01 2025-03-31 11881442 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11881442 bus:Agent1 2024-04-01 2025-03-31 11881442 countries:EnglandWales 2024-04-01 2025-03-31 11881442 2023-04-01 2024-03-31 11881442 2024-03-31 11881442 core:RetainedEarningsAccumulatedLosses 2024-03-31 11881442 core:ShareCapital 2024-03-31 11881442 core:CurrentFinancialInstruments 2024-03-31 11881442 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 iso4217:GBP xbrli:pure

REGISTRAR OF COMPANIES

Registration number: 11881442

M Volks Limited

Unaudited Financial Statements

31 March 2025

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M Volks Limited

Contents

Accountants' Report

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
M Volks Limited
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of M Volks Limited for the year ended 31 March 2025 as set out on pages 2 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of M Volks Limited, as a body, in accordance with the terms of our engagement letter dated 19 March 2019. Our work has been undertaken solely to prepare for your approval the accounts of M Volks Limited and state those matters that we have agreed to state to the Board of Directors of M Volks Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M Volks Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that M Volks Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of M Volks Limited. You consider that M Volks Limited 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 M Volks Limited. 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.



Dodd & Co Limited
Chartered Accountants
FIFTEEN Rosehill
Montgomery Way
Rosehill Estate
CARLISLE
CA1 2RW

27 May 2025

 

M Volks Limited

(Registration number: 11881442)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Current assets

 

Debtors

3

700

700

Cash at bank and in hand

 

24

24

 

724

724

Creditors: Amounts falling due within one year

5

(1,115)

(1,115)

Net liabilities

 

(391)

(391)

Capital and reserves

 

Called up share capital

6

1

1

Profit and loss account

(392)

(392)

Total equity

 

(391)

(391)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's 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; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 May 2025
 

.........................................

M Creaser

Director

 

M Volks Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Fifteen Rosehill
Montgomery Way
Rosehill Estate
Carlisle
CA1 2RW
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for the sale of goods or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

M Volks Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method where due after more than one year.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Debtors

Current

2025
£

2024
£

Prepayments

700

700

 

700

700

4

Cash and cash equivalents

2025
£

2024
£

Cash at bank

24

24

 

M Volks Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

5

Creditors

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

7

115

115

Accrued expenses

 

1,000

1,000

 

1,115

1,115

6

Share capital

7

Loans and borrowings

2025
£

2024
£

Current loans and borrowings

Other borrowings

115

115

8

Staff numbers

The average number of persons employed by the company during the year, was 0 (2024 - 0).