REGISTERED NUMBER: 10903407 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

VLS VERTICAL LIFT SOLUTIONS LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D Price

Ms C V Watkins

REGISTERED OFFICE:

Unit 1, Stallance Farm

Rectory Lane

Sutton Valence

Maidstone

Kent

ME17 3BT

REGISTERED NUMBER:

10903407 (England and Wales)

ACCOUNTANTS:

George & Co.

Chartered Accountants

44a Joy Lane

Whitstable

Kent

CT5 4LT

FIXED ASSETS

Property, plant and equipment

4

15,714

19,316

CURRENT ASSETS

Debtors

5

3,990

10,346

Cash at bank

7,239

2,177

11,229

12,523

CREDITORS

Amounts falling due within one year

6

16,378

16,210

NET CURRENT LIABILITIES

(5,149

)

(3,687

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,565

15,629

PROVISIONS FOR LIABILITIES

2,986

3,670

NET ASSETS

7,579

11,959

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

7,379

11,759

SHAREHOLDERS' FUNDS

7,579

11,959

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2025 and were signed on its behalf by:

Mr D Price - Director

1.	STATUTORY INFORMATION

VLS Vertical Lift Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Property, plant and equipment

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 April 2024

50,112

Additions

351

At 31 March 2025

50,463

DEPRECIATION

At 1 April 2024

30,796

Charge for year

3,953

At 31 March 2025

34,749

NET BOOK VALUE

At 31 March 2025

15,714

At 31 March 2024

19,316

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,905

9,225

Other debtors

2,085

1,121

3,990

10,346

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

14,871

14,620

Other creditors

1,507

1,590

16,378

16,210

7.	ULTIMATE CONTROLLING PARTY

The controlling party is the Board of Directors by virtue ofthe directors' shareholdings.