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REGISTERED NUMBER: 02128242 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Vecason Limited

Vecason Limited (Registered number: 02128242)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Vecason Limited

Company Information
for the year ended 30 June 2024







DIRECTORS: I B Henderson
Mrs V Henderson





SECRETARY: Mrs V Henderson





REGISTERED OFFICE: 1st Floor , Cromwell House
14 Fulwood Place
London
WC1V 6HZ





REGISTERED NUMBER: 02128242 (England and Wales)





ACCOUNTANTS: Gorrie Whitson
1st Floor , Cromwell House
14 Fulwood Place
London
WC1V 6HZ

Vecason Limited (Registered number: 02128242)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 371 495

CURRENT ASSETS
Debtors 5 16,470 5,806
Cash at bank 7,213 1,593
23,683 7,399
CREDITORS
Amounts falling due within one year 6 17,311 11,035
NET CURRENT ASSETS/(LIABILITIES) 6,372 (3,636 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,743

(3,141

)

PROVISIONS FOR LIABILITIES 45 45
NET ASSETS/(LIABILITIES) 6,698 (3,186 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 6,696 (3,188 )
SHAREHOLDERS' FUNDS 6,698 (3,186 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Vecason Limited (Registered number: 02128242)

Balance Sheet - continued
30 June 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by:





I B Henderson - Director


Vecason Limited (Registered number: 02128242)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Vecason Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

As at the 30th June 2020, the company was dependent on continued financial support from the bank and its directors.The directors confirm that this support will continue for at least 12 months following the date of approval of these accounts and they therefore consider it appropriate to prepare the accounts on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Vecason Limited (Registered number: 02128242)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2023
and 30 June 2024 3,338
DEPRECIATION
At 1 July 2023 2,843
Charge for year 124
At 30 June 2024 2,967
NET BOOK VALUE
At 30 June 2024 371
At 30 June 2023 495

5. DEBTORS
30.6.24 30.6.23
£    £   
Amounts falling due within one year:
Trade debtors 9,986 -
Other debtors 873 195
10,859 195

Amounts falling due after more than one year:
Other debtors 5,611 5,611

Aggregate amounts 16,470 5,806

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 4,344 -
Taxation and social security 1,362 26
Other creditors 11,605 11,009
17,311 11,035

Vecason Limited (Registered number: 02128242)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
I B Henderson
Balance outstanding at start of year - 5,432
Amounts repaid - (5,432 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -