1 January 2024 false No description of principal activity Taxfiler 2024.6 SC627759business:PrivateLimitedCompanyLtd2024-01-012024-12-31 SC6277592023-12-31 SC6277592024-01-012024-12-31 SC627759business:AuditExemptWithAccountantsReport2024-01-012024-12-31 SC627759business:FilletedAccounts2024-01-012024-12-31 SC6277592024-12-31 SC627759business:Director12024-01-012024-12-31 SC627759business:Director22024-01-012024-12-31 SC627759business:RegisteredOffice2024-01-012024-12-31 SC6277592023-12-31 SC627759core:WithinOneYear2024-12-31 SC627759core:WithinOneYear2023-12-31 SC627759core:AfterOneYear2024-12-31 SC627759core:AfterOneYear2023-12-31 SC627759core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 SC627759core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC627759core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 SC627759core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC627759core:PreviouslyStatedAmount2024-12-31 SC627759core:PreviouslyStatedAmount2023-12-31 SC627759business:SmallEntities2024-01-012024-12-31 SC627759countries:Scotland2024-01-012024-12-31 SC627759core:MotorVehicles2024-01-012024-12-31 SC627759core:FurnitureFittings2024-01-012024-12-31 SC627759core:ComputerEquipment2024-01-012024-12-31 SC627759core:MotorVehicles2023-12-31 SC627759core:ComputerEquipment2023-12-31 SC627759core:MotorVehicles2024-12-31 SC627759core:ComputerEquipment2024-12-31 SC6277592023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC627759 (Scotland)
Vehicles in Video Limited Unaudited accounts for the year ended 31 December 2024
Vehicles in Video Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Vehicles in Video Limited Company Information for the year ended 31 December 2024
Directors
D Cooksey M Maley
Company Number
SC627759 (Scotland)
Registered Office
3f, 26 Howe Street Edinburgh EH3 6TG Scotland
Accountants
Nuvem 9 Ltd The Mount Business Centre Woodstock Link Belfast County Antrim BT6 8DD
- 3 -
Vehicles in Video Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
14,683 
15,198 
Current assets
Debtors
5
51,505 
68,313 
Cash at bank and in hand
(1,622)
21,673 
49,883 
89,986 
Creditors: amounts falling due within one year
6
(177,116)
(68,053)
Net current (liabilities)/assets
(127,233)
21,933 
Total assets less current liabilities
(112,550)
37,131 
Creditors: amounts falling due after more than one year
7
(1,485,823)
(1,080,892)
Net liabilities
(1,598,373)
(1,043,761)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(1,598,375)
(1,043,763)
Shareholders' funds
(1,598,373)
(1,043,761)
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 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 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 of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by
M Maley Director Company Registration No. SC627759
- 4 -
Vehicles in Video Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Vehicles in Video Limited is a private company, limited by shares, registered in Scotland, registration number SC627759. The registered office is 3f, 26 Howe Street, Edinburgh, EH3 6TG, Scotland.
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:
Motor vehicles
4 year straight line
Fixtures & fittings
4 year straight line
Computer equipment
3 year straight line
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
15,250 
8,532 
23,782 
Additions
- 
4,773 
4,773 
At 31 December 2024
15,250 
13,305 
28,555 
Depreciation
At 1 January 2024
5,957 
2,627 
8,584 
Charge for the year
2,323 
2,965 
5,288 
At 31 December 2024
8,280 
5,592 
13,872 
Net book value
At 31 December 2024
6,970 
7,713 
14,683 
At 31 December 2023
9,293 
5,905 
15,198 
- 5 -
Vehicles in Video Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
13,690 
Trade debtors
36,825 
10,174 
Accrued income and prepayments
14,678 
3,257 
Other debtors
2 
41,192 
51,505 
68,313 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
11,400 
VAT
4,380 
- 
Trade creditors
3,005 
14,497 
Taxes and social security
118,043 
30,457 
Other creditors
5,036 
1,414 
Loans from directors
1,388 
- 
Accruals
579 
8,690 
Deferred income
34,685 
1,595 
177,116 
68,053 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,524 
13,833 
Other creditors
1,480,299 
1,067,059 
1,485,823 
1,080,892 
8
Transactions with related parties
The balance sheet dated 31 December 2023 includes a balance of £1,067,059 (31 December 2022: £561,190) owed to the Shareholders, which is being treated as a long-term, non-repayable, non-interest-attracting loan to the business to support product development and sales and marketing activity in the forthcoming periods.
9
Average number of employees
During the year the average number of employees was 9 (2023: 9).
- 6 -