Company Registration No. 09000979 (England and Wales)
VERSATILE DESIGN & BUILD LTD
Unaudited accounts
for the year ended 31 March 2025
VERSATILE DESIGN & BUILD LTD
Unaudited accounts
Contents
VERSATILE DESIGN & BUILD LTD
Company Information
for the year ended 31 March 2025
Company Number
09000979 (England and Wales)
Registered Office
33H Leyshion Way
Bryncethin
Bridgend
CF32 9AZ
United Kingdom
Accountants
Richlands Accountancy Ltd
Richlands
Maesteg Road
Tondu
Bridgend
CF32 9BT
VERSATILE DESIGN & BUILD LTD
Statement of financial position
as at 31 March 2025
Tangible assets
7,669
10,225
Cash at bank and in hand
2,923
10,311
Creditors: amounts falling due within one year
(8,241)
(20,485)
Net current assets
3,214
2,711
Total assets less current liabilities
10,883
12,936
Creditors: amounts falling due after more than one year
(8,215)
(10,259)
Called up share capital
1
1
Profit and loss account
2,667
2,676
Shareholders' funds
2,668
2,677
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 9 December 2025 and were signed on its behalf by
Lee Vicker
Director
Company Registration No. 09000979
VERSATILE DESIGN & BUILD LTD
Notes to the Accounts
for the year ended 31 March 2025
VERSATILE DESIGN & BUILD LTD is a private company, limited by shares, registered in England and Wales, registration number 09000979. The registered office is 33H Leyshion Way, Bryncethin, Bridgend, CF32 9AZ, United Kingdom.
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
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
16,908
12,000
1,000
29,908
At 31 March 2025
16,908
12,000
1,000
29,908
At 1 April 2024
10,910
8,098
675
19,683
Charge for the year
1,499
976
81
2,556
At 31 March 2025
12,409
9,074
756
22,239
At 31 March 2025
4,499
2,926
244
7,669
At 31 March 2024
5,998
3,902
325
10,225
VERSATILE DESIGN & BUILD LTD
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,233
2,233
Taxes and social security
4,055
9,515
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).