VIRTUALNET MARKETING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2024
Company Registration Number: 07747367
VIRTUALNET MARKETING LIMITED
BALANCE SHEET
AS AT 31 AUGUST 2024
Notes 2024 2023
£ £
FIXED ASSETS 27,440 29,680
CURRENT ASSETS 55,968 46,745
CREDITORS: Amounts falling due within one year 78,401 56,746
NET CURRENT LIABILITIES (22,433) (10,001)
TOTAL ASSETS LESS CURRENT LIABILITIES 5,007 19,679
CREDITORS: Amounts falling due after more than one year 6,323 14,572
NET (LIABILITIES) / ASSETS (1,316) 5,107
CAPITAL AND RESERVES (1,316) 5,107
NOTES TO THE ACCOUNTS
1 EMPLOYEES
The average number of persons employed by the company (including directors) during the year was:
2024 2023
Average number of employees 4 4
2 DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES
The following director's advances, credits and guarantees took place during the year:
Balance at 1 September 2023 Amounts advanced Amounts repaid Amounts written off or waived Balance at 31 August 2024
£ £ £ £ £
T O Sheldon 16,018 50,006 44,000 - 22,024
Interest has been charged on this advance at the Beneficial Loan Arrangement Official Rate as prescribed by HM Revenue and Customs. The advance is repayable on demand.
VIRTUALNET MARKETING LIMITED
BALANCE SHEET
AS AT 31 AUGUST 2024
3 SECURED DEBTS
The company has an overdraft facility with NatWest Bank which is secured on the assets of the company.
The registered office for Virtualnet Marketing Limited is 6a Church Green, Witney, Oxfordshire, OX28 4AW.
Virtualnet Marketing Limited is a private company limited by shares and incorporated in England and Wales.
These accounts have been prepared and delivered in accordance with the micro-entity provisions within Part 15 of Companies Act 2006 and in accordance with FRS 105 and relevant provisions applicable to companies subject to the small companies regime.
For the financial year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
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.
As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.
Signed on behalf of the board of directors
T O Sheldon N S Jones
Director Director
Date approved by the board: 20 May 2025
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