VA STRUCTURES LTD - Filleted accounts

Registered number

08754027

VA STRUCTURES LTD

Filleted Accounts

31 October 2024

VA STRUCTURES LTD
Registered number:		08754027
Balance Sheet
as at 31 October 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		111,989			103,245

Current assets
Stocks		195,231			166,854
Debtors	4	25,393			63,467
Cash at bank and in hand		18,562			549
		239,186			230,870

Creditors: amounts falling due within one year	5	(196,390)			(128,857)

Net current assets			42,796			102,013

Total assets less current liabilities			154,785			205,258

Creditors: amounts falling due after more than one year	6		(99,025)			(156,059)



Net assets			55,760			49,199

Capital and reserves
Called up share capital			100			100
Profit and loss account			55,660			49,099

Shareholders' funds			55,760			49,199

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


Mr Vardan Abrahamyan
Director
Approved by the board on 30 October 2025

VA STRUCTURES LTD
Notes to the Accounts
for the year ended 31 October 2024

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	20% on reducing balance
	Fixtures, fittings, tools and equipment	20% on reducing balance


	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			5		3


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 November 2023	5,195		127,566		132,761
	Additions	-		36,741		36,741
	At 31 October 2024	5,195		164,307		169,502

	Depreciation
	At 1 November 2023	3,060		26,456		29,516
	Charge for the year	427		27,570		27,997
	At 31 October 2024	3,487		54,026		57,513

	Net book value
	At 31 October 2024	1,708		110,281		111,989
	At 31 October 2023	2,135		101,110		103,245

4	Debtors			2024		2023
£					£

	Other debtors			25,393		63,467


5	Creditors: amounts falling due within one year			2024		2023
£					£

	Bank loans and overdrafts			121,848		55,929
	Trade creditors			-		21,562
	Taxation and social security costs			44,084		43,072
	Other creditors			30,458		8,294
				196,390		128,857


6	Creditors: amounts falling due after one year			2024		2023
£					£

	Bank loans			99,025		156,059



7	Other information

	VA STRUCTURES LTD is a private company limited by shares and incorporated in England. Its registered office is:
	7 Hawtrey Avenue
	Northolt
	England
	UB5 5JB