Company Registration No. 11776201 (England and Wales)
Vasi Groundworks Ltd
Unaudited accounts
for the year ended 31 January 2025
Vasi Groundworks Ltd
Unaudited accounts
Contents
Vasi Groundworks Ltd
Company Information
for the year ended 31 January 2025
Company Number
11776201 (England and Wales)
Registered Office
33 BRANGWYN GROVE
BRISTOL
BS7 9UF
UNITED KINGDOM
Accountants
Aprotax Limited
14 Fogarty Park Road
Bristol
BS15 8FR
Vasi Groundworks Ltd
Statement of financial position
as at 31 January 2025
Tangible assets
282,058
210,390
Cash at bank and in hand
25,561
50,759
Creditors: amounts falling due within one year
(24,432)
(18,463)
Net current assets
41,867
104,065
Total assets less current liabilities
323,925
314,455
Creditors: amounts falling due after more than one year
(64,792)
(57,062)
Net assets
259,133
257,393
Called up share capital
1
1
Profit and loss account
259,132
257,392
Shareholders' funds
259,133
257,393
For the year ending 31 January 2025 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 his 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 13 May 2025 and were signed on its behalf by
Vasile Ivasco
Director
Company Registration No. 11776201
Vasi Groundworks Ltd
Notes to the Accounts
for the year ended 31 January 2025
Vasi Groundworks Ltd is a private company, limited by shares, registered in England and Wales, registration number 11776201. The registered office is 33 BRANGWYN GROVE, BRISTOL, BS7 9UF, 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2024
136,342
111,261
247,603
Additions
130,414
-
130,414
At 31 January 2025
266,756
111,261
378,017
At 1 February 2024
20,048
17,165
37,213
Charge for the year
38,174
20,572
58,746
At 31 January 2025
58,222
37,737
95,959
At 31 January 2025
208,534
73,524
282,058
At 31 January 2024
116,294
94,096
210,390
Vasi Groundworks Ltd
Notes to the Accounts
for the year ended 31 January 2025
Amounts falling due within one year
Trade debtors
29,998
60,665
Other debtors
8,155
10,500
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
(17,805)
(39,488)
Loans from directors
-
3,761
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
58,125
45,395
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).