VOLMO LTD - Accounts

VOLMO LTD

Statement of Financial Position

As at 28 February 2025

	£	2025 £	£	2024 £
Fixed assets		236,068		211,881
Current assets	100		726
Creditors: amount falling due within one year	(9,733)		(2,118)
Net current assets/(liabilities)		(9,633)		(1,392)
Total assets less current liabilities		226,435		210,489
Creditors: amount falling due after more than one year		(128,266)		(129,947)
Provisions for liabilities		(1,000)		(1,000)
Net assets/(liabilities)		97,169		79,542


Capital and reserves		97,169		79,542

For the year ended 28 February 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 of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:

----------------------------------
Ashwani Harkara
Director

Date approved: 06 November 2025

VOLMO LTD

Notes to the Accounts

For the year ended 28 February 2025

Statutory Information

VOLMO LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 08176005, registration address 1 Lucas Bridge Business Park, Old Greens Norton Road, Towcester, NN12 8AX, England.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

Development expenditures

90% of amount paid to directors has been capitalised as Research & Development costs and the remaining 10% is expensed off in Profit & Loss Account.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

2.	Average number of employees Average number of employees during the year was 1 (2024: 1).