Company Registration No. 11493621 (England and Wales)
VID Builders Limited
Unaudited accounts
for the year ended 31 March 2025
VID Builders Limited
Unaudited accounts
Contents
VID Builders Limited
Company Information
for the year ended 31 March 2025
Company Number
11493621 (England and Wales)
Registered Office
122 CAMP STREET
SALFORD
LANCASHIRE
M7 1ZT
UNITED KINGDOM
VID Builders Limited
Statement of financial position
as at 31 March 2025
Tangible assets
26,723
29,195
Cash at bank and in hand
23,655
24,569
Creditors: amounts falling due within one year
(72,749)
(65,397)
Net current assets/(liabilities)
2,646
(7,880)
Total assets less current liabilities
29,369
21,315
Creditors: amounts falling due after more than one year
(39,578)
(31,985)
Net liabilities
(10,209)
(10,670)
Called up share capital
100
100
Profit and loss account
(10,309)
(10,770)
Shareholders' funds
(10,209)
(10,670)
For the year ending 31 March 2025 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 his 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 2 September 2025 and were signed on its behalf by
Victor Dushchak
Director
Company Registration No. 11493621
VID Builders Limited
Notes to the Accounts
for the year ended 31 March 2025
VID Builders Limited is a private company, limited by shares, registered in England and Wales, registration number 11493621. The registered office is 122 CAMP STREET, SALFORD, LANCASHIRE, M7 1ZT, UNITED KINGDOM.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
20% on cost
4
Tangible fixed assets
Motor vehicles
Charge for the year
36,177
VID Builders Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Accrued income and prepayments
1,573
24,344
Other debtors
48,699
7,000
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
5,243
4,730
Trade creditors
30,112
22,527
Taxes and social security
19,962
22,957
Loans from directors
6,632
4,383
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
36,245
18,652
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).