Voyager Systems Limited - Filleted accounts

Registered number

01854086

Voyager Systems Limited

Filleted Accounts

31 March 2025

Voyager Systems Limited
Registered number:		01854086
Balance Sheet
as at 31 March 2025

Notes			2025		2024

Fixed assets
Tangible assets	3		3,613		5,176

Current assets
Debtors	4	964		453
Cash at bank and in hand		6,006		7,108
		6,970		7,561

Creditors: amounts falling due within one year	5	(21,963)		(24,911)

Net current liabilities			(14,993)		(17,350)

Total assets less current liabilities			(11,380)		(12,174)

Creditors: amounts falling due after more than one year	6		(1,326)		(6,546)



Net liabilities			(12,706)		(18,720)

Capital and reserves
Called up share capital			72		72
Share premium			36		36
Profit and loss account			(12,814)		(18,828)

Shareholder's funds			(12,706)		(18,720)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




D Eyre
Director
Approved by the board on 10 December 2025

Voyager Systems Limited
Notes to the Accounts
for the year ended 31 March 2025


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) and on a going concern basis on the grounds that the directors belives the company will continue to trade profitably.

	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:

	Website costs	10 years from month of first use
	Plant and machinery	25% reducing balance of cost
	Motor vehicles	25% reducing balance of cost

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	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.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Grant income
	Capital and revenue grants are recognised in income on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate.

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


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
		Plant and machinery etc	Motor vehicles		Total

	Cost
	At 1 April 2024	268,454	12,000		280,454
	At 31 March 2025	268,454	12,000		280,454

	Depreciation
	At 1 April 2024	264,479	10,799		275,278
	Charge for the year	1,263	300		1,563
	At 31 March 2025	265,742	11,099		276,841

	Net book value
	At 31 March 2025	2,712	901		3,613
	At 31 March 2024	3,975	1,201		5,176


4	Debtors		2025		2024


	Trade debtors		159		39
	Other debtors		805		414
			964		453


5	Creditors: amounts falling due within one year		2025		2024


	Bank loans and overdrafts		5,220		5,092
	Trade creditors		6,983		8,998
	Taxation and social security costs		2,530		2,785
	Other creditors		7,230		8,036
			21,963		24,911


6	Creditors: amounts falling due after one year		2025		2024


	Bank loans		1,326		6,546


7	Loans		2025		2024

	Creditors include:

	Secured bank loans		6,546		11,638

	The bank loan is a COVID Bounce Back Loan that is secured by the UK Government.


8	Related party transactions

	At the end of the financial year the company was owed £NIL (2024 - £NIL) by a connected company. During the year the company paid £234 expenses on behalf of a connected company and these have been written off as irrecoverable.


9	Controlling party

	The director, D Eyre, is the controlling party.


10	Other information

	Voyager Systems Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 17 Step Business Centre
	Wortley Road
	Deepcar
	Sheffield
	S36 2UH