Company Registration No. SC378217 (Scotland)
Vass Agencies Ltd
Unaudited accounts
for the year ended 31 March 2025
Vass Agencies Ltd
Unaudited accounts
Contents
Vass Agencies Ltd
Company Information
for the year ended 31 March 2025
Directors
Mr G Vass
Mrs C Vass
Company Number
SC378217 (Scotland)
Registered Office
23 Laburnum Avenue
Port Seton
East Lothian
EH32 0UD
Accountants
GF Accountancy Services Ltd
4 Rowanhill Way
Port Seton
East Lothian
EH32 0SZ
Vass Agencies Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
18,971
28,163
Creditors: amounts falling due within one year
(29,751)
(26,709)
Net current assets
29,397
19,506
Called up share capital
100
100
Profit and loss account
29,945
20,170
Shareholders' funds
30,045
20,270
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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by
Mr G Vass
Director
Company Registration No. SC378217
Vass Agencies Ltd
Notes to the Accounts
for the year ended 31 March 2025
Vass Agencies Ltd is a private company, limited by shares, registered in Scotland, registration number SC378217. The registered office is 23 Laburnum Avenue, Port Seton, East Lothian , EH32 0UD.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Goodwill 10% straight line
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
20% straight line
4
Intangible fixed assets
Total
Vass Agencies Ltd
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Total
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Average number of employees
During the year the average number of employees was 2 (2024: 2).