1 January 2024 false No description of principal activity Taxfiler 2024.6 07884788business:PrivateLimitedCompanyLtd2024-01-012024-12-31 078847882023-12-31 078847882024-01-012024-12-31 07884788business:AuditExemptWithAccountantsReport2024-01-012024-12-31 07884788business:AbridgedAccounts2024-01-012024-12-31 078847882024-12-31 07884788business:Director12024-01-012024-12-31 07884788business:RegisteredOffice2024-01-012024-12-31 078847882023-12-31 07884788core:WithinOneYear2024-12-31 07884788core:WithinOneYear2023-12-31 07884788core:AfterOneYear2024-12-31 07884788core:AfterOneYear2023-12-31 07884788core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 07884788core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 07884788core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 07884788core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 07884788core:PreviouslyStatedAmount2024-12-31 07884788core:PreviouslyStatedAmount2023-12-31 07884788business:SmallEntities2024-01-012024-12-31 07884788countries:EnglandWales2024-01-012024-12-31 07884788core:FurnitureFittings2024-01-012024-12-31 07884788core:ComputerEquipment2024-01-012024-12-31 078847882023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 07884788 (England and Wales)
Vehicle Integration Products Ltd Unaudited accounts for the year ended 31 December 2024
Vehicle Integration Products Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Vehicle Integration Products Ltd Company Information for the year ended 31 December 2024
Director
Julian Harvey
Company Number
07884788 (England and Wales)
Registered Office
UNIT 18D KINGSWAY BUILDINGS BRIDGEND INDUSTRIAL ESTATE BRIDGEND CF31 3YH WALES
Accountants
Hughes Isaac & Co Hughes Isaac and Co Office 7 Mon Spaces Castlegate Business Park Caldicot NP26 5AD
- 3 -
Vehicle Integration Products Ltd Accountants' report
Accountants' report to the director of Vehicle Integration Products Ltd on the preparation of the unaudited statutory accounts for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Vehicle Integration Products Ltd for the year ended 31 December 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Vehicle Integration Products Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Vehicle Integration Products Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Vehicle Integration Products Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Vehicle Integration Products Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Vehicle Integration Products Ltd. You consider that Vehicle Integration Products Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Vehicle Integration Products Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Hughes Isaac & Co Hughes Isaac and Co Office 7 Mon Spaces Castlegate Business Park Caldicot NP26 5AD 27 August 2025
- 4 -
Vehicle Integration Products Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
2,812 
- 
Tangible assets
5
237,047 
116,398 
239,859 
116,398 
Current assets
Inventories
45,216 
40,216 
Debtors
15,642 
73,050 
Cash at bank and in hand
199,309 
315,885 
260,167 
429,151 
Creditors: amounts falling due within one year
(174,419)
(188,548)
Net current assets
85,748 
240,603 
Total assets less current liabilities
325,607 
357,001 
Creditors: amounts falling due after more than one year
(2,784)
(12,604)
Net assets
322,823 
344,397 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
322,723 
344,297 
Shareholders' funds
322,823 
344,397 
For the year ending 31 December 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 his 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 the year in accordance with Section 444(2A).
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 15 September 2025 and were signed on its behalf by
Julian Harvey Director Company Registration No. 07884788
- 5 -
Vehicle Integration Products Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Vehicle Integration Products Ltd is a private company, limited by shares, registered in England and Wales, registration number 07884788. The registered office is UNIT 18D KINGSWAY BUILDINGS, BRIDGEND INDUSTRIAL ESTATE, BRIDGEND, CF31 3YH, WALES.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Intangible fixed assets
Total 
£ 
Cost
At 1 January 2024
- 
Additions
3,750 
At 31 December 2024
3,750 
Amortisation
At 1 January 2024
- 
Charge for the year
938 
At 31 December 2024
938 
Net book value
At 31 December 2024
2,812 
- 6 -
Vehicle Integration Products Ltd Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2024
205,529 
Additions
223,118 
Disposals
(122,851)
At 31 December 2024
305,796 
Depreciation
At 1 January 2024
89,131 
Charge for the year
10,331 
On disposals
(30,713)
At 31 December 2024
68,749 
Net book value
At 31 December 2024
237,047 
At 31 December 2023
116,398 
6
Average number of employees
During the year the average number of employees was 1 (2023: 2).
- 7 -