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REGISTERED NUMBER: 11142817 (England and Wales)


VNS London Limited

Abridged Unaudited Financial Statements

for the Year Ended 30 November 2024






VNS London Limited (Registered number: 11142817)






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




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


VNS London Limited

Company Information
for the year ended 30 November 2024







DIRECTOR: Ms S Akyol





REGISTERED OFFICE: Flat 3
34 Redcliffe Gardens
London
SW10 9HA





REGISTERED NUMBER: 11142817 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
VNS London Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of VNS London Limited for the year ended 30 November 2024 which comprise the Abridged Statement of Income and Retained Earnings, Statement of Financial Position and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of VNS London Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of VNS London Limited and state those matters that we have agreed to state to the director of VNS London Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than VNS London Limited and its director for our work or for this report.

It is your duty to ensure that VNS London Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of VNS London Limited. You consider that VNS London 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 financial statements of VNS London 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 financial statements.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


18 June 2025

VNS London Limited (Registered number: 11142817)

Statement of Financial Position
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 333 -
Property, plant and equipment 5 37,550 944
37,883 944

CURRENT ASSETS
Debtors 6 6,782 900
Cash at bank 251,490 143,237
258,272 144,137
CREDITORS
Amounts falling due within one year 7 80,702 34,206
NET CURRENT ASSETS 177,570 109,931
TOTAL ASSETS LESS CURRENT
LIABILITIES

215,453

110,875

CREDITORS
Amounts falling due after more than one
year

8

(30,223

)

-

PROVISIONS FOR LIABILITIES 9 - (179 )
NET ASSETS 185,230 110,696

VNS London Limited (Registered number: 11142817)

Statement of Financial Position - continued
30 November 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 185,130 110,596
SHAREHOLDERS' FUNDS 185,230 110,696

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

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

The director acknowledges her 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.

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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings for the year ended 30 November 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 18 June 2025 and were signed by:





Ms S Akyol - Director


VNS London Limited (Registered number: 11142817)

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

1. STATUTORY INFORMATION

VNS London 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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

Turnover is derived from the ordinary trading activities of the business and is recognised when the customers obtain the right to consideration.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on reducing balance
Computer equipment - 10% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


VNS London Limited (Registered number: 11142817)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 370
At 30 November 2024 370
AMORTISATION
Charge for year 37
At 30 November 2024 37
NET BOOK VALUE
At 30 November 2024 333

VNS London Limited (Registered number: 11142817)

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

5. PROPERTY, PLANT AND EQUIPMENT
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2023 - 1,707 1,707
Additions 49,035 - 49,035
At 30 November 2024 49,035 1,707 50,742
DEPRECIATION
At 1 December 2023 - 763 763
Charge for year 12,259 170 12,429
At 30 November 2024 12,259 933 13,192
NET BOOK VALUE
At 30 November 2024 36,776 774 37,550
At 30 November 2023 - 944 944

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 49,035
At 30 November 2024 49,035
DEPRECIATION
Charge for year 12,259
At 30 November 2024 12,259
NET BOOK VALUE
At 30 November 2024 36,776

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,377 900
Other debtors 3,405 -
6,782 900

VNS London Limited (Registered number: 11142817)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 3,043 -
Trade creditors 7,576 350
Taxation and social security 45,524 11,816
Other creditors 24,559 22,040
80,702 34,206

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 30,223 -

9. PROVISIONS FOR LIABILITIES
2023
£   
Deferred tax 179

Deferred
tax
£   
Balance at 1 December 2023 179
Credit to Statement of Income and Retained Earnings during year (2,384 )
Balance at 30 November 2024 (2,205 )

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

VNS London Limited (Registered number: 11142817)

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

11. RESERVES
Retained
earnings
£   

At 1 December 2023 110,596
Profit for the year 114,534
Dividends (40,000 )
At 30 November 2024 185,130

12. RELATED PARTY DISCLOSURES

Included in creditors are amounts owed to key management personnel at balance sheet date of £23,399 (2022: £21,110). There is no interest charged on those balances and there are no set repayments terms in place.