Company Registration No. 08306804 (England and Wales)
Versatile Telecom And Technology Ltd
Unaudited accounts
for the year ended 30 November 2024
Versatile Telecom And Technology Ltd
Unaudited accounts
Contents
Versatile Telecom And Technology Ltd
Company Information
for the year ended 30 November 2024
Company Number
08306804 (England and Wales)
Registered Office
38 Gladstone Avenue
London
London
E12 6NS
England
Accountants
S&H Accountants
35 School Walk
Manchester
M16 7GD
Versatile Telecom And Technology Ltd
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
9,273
24,650
Creditors: amounts falling due within one year
4,476
6,573
Net current assets
24,229
50,851
Total assets less current liabilities
24,229
52,430
Creditors: amounts falling due after more than one year
(18,372)
(29,020)
Called up share capital
50,000
50,000
Profit and loss account
(44,143)
(26,590)
Shareholders' funds
5,857
23,410
For the year ending 30 November 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 August 2025 and were signed on its behalf by
Suraia Akter
Director
Company Registration No. 08306804
Versatile Telecom And Technology Ltd
Notes to the Accounts
for the year ended 30 November 2024
Versatile Telecom And Technology Ltd is a private company, limited by shares, registered in England and Wales, registration number 08306804. The registered office is 38 Gladstone Avenue, London, London, E12 6NS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
20% Reducing Balance Method
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Other debtors
6,700
10,000
Versatile Telecom And Technology Ltd
Notes to the Accounts
for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
(4,476)
(7,993)
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).