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REGISTERED NUMBER: 12689884 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

VB ONLINE LIMITED

VB ONLINE LIMITED (REGISTERED NUMBER: 12689884)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VB ONLINE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTOR: Mr G C Knoetze





REGISTERED OFFICE: Ground Floor Marlborough House
298 Regents Park Road
N3 2 SZ





REGISTERED NUMBER: 12689884 (England and Wales)





ACCOUNTANTS: Fusion Accountancy Limited
Marlborough House
298 Regents Park Road
London
N3 2SZ

VB ONLINE LIMITED (REGISTERED NUMBER: 12689884)

BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 590 -

CURRENT ASSETS
Stocks 5 97,459 103,315
Debtors 6 337 4,324
Cash at bank 3,604 3,263
101,400 110,902
CREDITORS
Amounts falling due within one year 7 177,887 179,859
NET CURRENT LIABILITIES (76,487 ) (68,957 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(75,897

)

(68,957

)

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 (75,898 ) (68,958 )
SHAREHOLDERS' FUNDS (75,897 ) (68,957 )

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 his 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.

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

The financial statements were approved by the director and authorised for issue on 22 July 2025 and were signed by:





Mr G C Knoetze - Director


VB ONLINE LIMITED (REGISTERED NUMBER: 12689884)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

VB Online 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.

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%SLM

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Going concern note
The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 708
At 30 November 2024 708
DEPRECIATION
Charge for year 118
At 30 November 2024 118
NET BOOK VALUE
At 30 November 2024 590

5. STOCKS
30.11.24 30.11.23
£    £   
Stock - finished goods 97,459 103,315

VB ONLINE LIMITED (REGISTERED NUMBER: 12689884)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 337 730
VAT - 3,594
337 4,324

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 283 311
VAT 640 -
Director's current account 176,964 179,548
177,887 179,859

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1 December 2023 (68,958 )
Deficit for the year (6,940 )
At 30 November 2024 (75,898 )

10. RELATED PARTY DISCLOSURES

At the Balance Sheet date the company owed to Mr G Knoetze, the director, 2024: £176,963 (2023: £179,548). This loan is interest free, unsecured and repayable on demand.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr G C Knoetze.

12. TAXATION

At the year end, the company has carried forward losses of £75,899 (2023: £68,535) which it can
utilise against future taxable profits.