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Company Registration No. 11733207 (England and Wales)
VMD SOLICITORS LTD Unaudited accounts for the year ended 31 December 2024
VMD SOLICITORS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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VMD SOLICITORS LTD Company Information for the year ended 31 December 2024
Director
Vajira Malinda DHANAPALA
Company Number
11733207 (England and Wales)
Registered Office
SOLAR HOUSE 915,HIGH ROAD NORTH FINCHLEY LONDON N12 8QJ ENGLAND
Accountants
C & Y Associates LTD 344-348 High Road Ilford Essex IG1 1QP
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VMD SOLICITORS LTD Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
1,342
1,637
Current assets
Debtors
5
69,575
26,090
Creditors: amounts falling due within one year
6
(56,086)
(20,013)
Net current assets
13,489
6,077
Total assets less current liabilities
14,831
7,714
Creditors: amounts falling due after more than one year
7
(39,363)
(43,863)
Net liabilities
(24,532)
(36,149)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(24,632)
(36,249)
Shareholders' funds
(24,532)
(36,149)
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.
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 27 March 2025 and were signed on its behalf by
Vajira Malinda DHANAPALA Director Company Registration No. 11733207
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VMD SOLICITORS LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
VMD SOLICITORS LTD is a private company, limited by shares, registered in England and Wales, registration number 11733207. The registered office is SOLAR HOUSE 915,HIGH ROAD, NORTH FINCHLEY, LONDON, N12 8QJ, 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.
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:
Plant & machinery
18& on reducing balance method
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 January 2024
3,621
At 31 December 2024
3,621
Depreciation
At 1 January 2024
1,984
Charge for the year
295
At 31 December 2024
2,279
Net book value
At 31 December 2024
1,342
At 31 December 2023
1,637
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Accrued income and prepayments
9,948
11,232
Other debtors
59,627
14,858
69,575
26,090
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VMD SOLICITORS LTD Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
15,742
3,225
VAT
26,916
702
Taxes and social security
8,028
5,233
Accruals
5,400
10,853
56,086
20,013
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
39,363
43,863
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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