VM ELEVATORS LIMITED

Company Registration Number:
06462848 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

VM ELEVATORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

VM ELEVATORS LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 42,514 50,070
Total fixed assets: 42,514 50,070
Current assets
Debtors:   617,201 485,746
Cash at bank and in hand: 519,877 731,092
Total current assets: 1,137,078 1,216,838
Creditors: amounts falling due within one year:   (113,905) (157,501)
Net current assets (liabilities): 1,023,173 1,059,337
Total assets less current liabilities: 1,065,687 1,109,407
Provision for liabilities: (5,277) (5,349)
Total net assets (liabilities): 1,060,410 1,104,058
Capital and reserves
Called up share capital: 30 30
Profit and loss account: 1,060,380 1,104,028
Shareholders funds: 1,060,410 1,104,058

The notes form part of these financial statements

VM ELEVATORS LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 May 2025
and signed on behalf of the board by:

Name: S Whitbread
Status: Director

The notes form part of these financial statements

VM ELEVATORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the total invoice value, excluding value added tax, of sales made in the year and derives from the provision of goods and services falling within the ordinary activities of the company.

Tangible fixed assets and depreciation policy

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:- Plant and machinery - 15% reducing balance method Motor vehicles - 25% reducing balance method

VM ELEVATORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 13 10

VM ELEVATORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 130,175
Additions 6,280
Disposals (21,031)
At 31 December 2024 115,424
Depreciation
At 01 January 2024 80,105
Charge for year 10,094
On disposals (17,289)
At 31 December 2024 72,910
Net book value
At 31 December 2024 42,514
At 31 December 2023 50,070

VM ELEVATORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Loans to directors

Name of director receiving advance or credit: Simon Whitbread
Description of the loan: Directors loan account.
£
Balance at 01 January 2024 106,338
Advances or credits made: 38,761
Balance at 31 December 2024 145,099