VW DRILLING SERVICES LIMITED

Company Registration Number:
07986808 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2025

Period of accounts

Start date: 01 March 2024

End date: 28 February 2025

VW DRILLING SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2025

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

VW DRILLING SERVICES LIMITED

Company Information

for the Period Ended 28 February 2025




Director: V. Winstanley
Registered office: Badgers Holt
Norwith Hill
Newington, Bawtry
Doncaster
Nottinghamshire
England
DN10 6BU
Company Registration Number: 07986808 (England and Wales)

VW DRILLING SERVICES LIMITED

Balance sheet

As at 28 February 2025


Notes

2025
£

2024
£
Fixed assets
Tangible assets: 5 389,169 393,358
Total fixed assets: 389,169 393,358
Current assets
Debtors: 6 326 13,402
Cash at bank and in hand: 327,023 242,635
Total current assets: 327,349 256,037
Creditors: amounts falling due within one year: 7 ( 28,192 ) ( 17,130 )
Net current assets (liabilities): 299,157 238,907
Total assets less current liabilities: 688,326 632,265
Total net assets (liabilities): 688,326 632,265

The notes form part of these financial statements

VW DRILLING SERVICES LIMITED

Balance sheet continued

As at 28 February 2025


Notes

2025
£

2024
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 688,325 632,264
Shareholders funds: 688,326 632,265

For the year ending 28 February 2025 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.

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

This report was approved by the board of directors on 9 August 2025
And Signed On Behalf Of The Board By:

Name: V. Winstanley
Status: Director

The notes form part of these financial statements

VW DRILLING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life :- Motor Vehicle at 25% on the reducing net book value and Office Equipment at 15% on the reducing net book value

VW DRILLING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 2. Employees


    2025

    2024
    Average number of employees during the period 1 1

VW DRILLING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 3. Off balance sheet disclosure

    No

VW DRILLING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

4. Dividends


2025
£

2024
£
Dividends paid 15,000 15,000

VW DRILLING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

5. Tangible assets

Land & buildings Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 March 2024 374,185 3,321 30,997 408,503
Additions - 570 - 570
Disposals - ( 237 ) - ( 237 )
Revaluations - - - -
Transfers - - - -
At 28 February 2025 374,185 3,654 30,997 408,836
Depreciation
At 01 March 2024 - 1,584 13,561 15,145
Charge for year - 400 4,359 4,759
On disposals - ( 237 ) - ( 237 )
Other adjustments - - - -
At 28 February 2025 - 1,747 17,920 19,667
Net book value
At 28 February 2025 374,185 1,907 13,077 389,169
At 29 February 2024 374,185 1,737 17,436 393,358

VW DRILLING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

6. Debtors


2025
£

2024
£
Trade debtors 0 13,229
Prepayments and accrued income 266 173
Other debtors 60 0
Total 326 13,402

VW DRILLING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

7.Creditors: amounts falling due within one year note


2025
£

2024
£
Taxation and social security 26,323 15,417
Accruals and deferred income 1,785 1,510
Other creditors 84 203
Total 28,192 17,130