Company Registration No. 12150041 (England and Wales)
SVB Communications Ltd
Unaudited accounts
for the year ended 31 August 2024
SVB Communications Ltd
Unaudited accounts
Contents
SVB Communications Ltd
Company Information
for the year ended 31 August 2024
Director
Sarah Vaughan-Brown
Company Number
12150041 (England and Wales)
Registered Office
19 Milligan Street
London
E14 8AT
United Kingdom
Accountants
Yukimi Rabnott FCPFA for and on behalf of
On The Spot
Trading Name of Carson Rabnott Limited
EC2Y 8BY
SVB Communications Ltd
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
12,123
29,973
Creditors: amounts falling due within one year
(3,391)
2,446
Net current assets
8,732
32,419
Called up share capital
1
1
Profit and loss account
8,900
32,713
Shareholders' funds
8,901
32,714
For the year ending 31 August 2024 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 director acknowledges her 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 and authorised for issue on 28 May 2025 and were signed on its behalf by
Sarah Vaughan-Brown
Director
Company Registration No. 12150041
SVB Communications Ltd
Notes to the Accounts
for the year ended 31 August 2024
SVB Communications Ltd is a private company, limited by shares, registered in England and Wales, registration number 12150041. The registered office is 19 Milligan Street, London, E14 8AT, United Kingdom.
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.
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.
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.
Revenue is recognised on the sale of goods when the goods are delivered and title has passed. Revenue is recognised on the provision of services on a percentage degree of completion basis calculated by reference to the time expended compared to the total anticipated time.
Tangible fixed assets and depreciation
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual
value, of each asset evenly over its expected useful life, as follows:
Plant & machinery
over three years straight line
4
Tangible fixed assets
Plant & machinery
SVB Communications Ltd
Notes to the Accounts
for the year ended 31 August 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,008
(3,892)
Other creditors
1,383
1,383
6
Transactions with related parties
There were no material transactions with directors and shareholders that were not conducted under normal market conditions.
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).