Company Registration No. 06150893 (England and Wales)
Volets Verts Limited
Unaudited accounts
for the year ended 31 March 2025
Volets Verts Limited
Unaudited accounts
Contents
Volets Verts Limited
Company Information
for the year ended 31 March 2025
Company Number
06150893 (England and Wales)
Registered Office
23/27 SWAN STREET
WEST MALLING
ME19 6JU
ENGLAND
Accountants
Rustrick Accountants Limited
380A New Hythe lane
Larkfield
Maidstone
Kent
ME20 6RZ
Volets Verts Limited
Statement of financial position
as at 31 March 2025
Tangible assets
47,842
62,810
Cash at bank and in hand
79,803
97,416
Creditors: amounts falling due within one year
(39,382)
(80,679)
Net current assets
53,291
28,848
Total assets less current liabilities
101,133
91,658
Provisions for liabilities
Deferred tax
(11,960)
(11,980)
Called up share capital
100
100
Profit and loss account
89,073
79,578
Shareholders' funds
89,173
79,678
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 22 July 2025 and were signed on its behalf by
Mr A Miller
Director
Company Registration No. 06150893
Volets Verts Limited
Notes to the Accounts
for the year ended 31 March 2025
Volets Verts Limited is a private company, limited by shares, registered in England and Wales, registration number 06150893. The registered office is 23/27 SWAN STREET, WEST MALLING, ME19 6JU, 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.
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:
Plant & machinery
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Volets Verts Limited
Notes to the Accounts
for the year ended 31 March 2025
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
273,344
35,653
2,973
311,970
At 31 March 2025
273,344
36,631
2,973
312,948
At 1 April 2024
227,611
19,937
1,612
249,160
Charge for the year
11,433
4,173
340
15,946
At 31 March 2025
239,044
24,110
1,952
265,106
At 31 March 2025
34,300
12,521
1,021
47,842
At 31 March 2024
45,733
15,716
1,361
62,810
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
8,587
37,625
Taxes and social security
25,291
36,292
Loans from directors
-
3,742
Volets Verts Limited
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The company operates a defined contribution pension scheme. contributions payable to the company's pension scheme are charges to profit or loss in the period to which they relate.
10
Average number of employees
During the year the average number of employees was 10 (2024: 6).