Vanquish (Business Solutions) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04759621 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Vanquish (Business Solutions) Limited

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

S Putnam

Mrs L E Putnam

REGISTERED OFFICE:

31 Walker Avenue

Wolverton Mill

Milton Keynes

MK12 5TW

REGISTERED NUMBER:

04759621 (England and Wales)

ACCOUNTANTS:

Carrington-May

Chartered Certified Accountants

31 Walker Avenue

Wolverton Mill East

Milton Keynes

Buckinghamshire

MK12 5TW

CURRENT ASSETS

Debtors

5,591

12,413

Cash at bank

-

3,666

5,591

16,079

CREDITORS

Amounts falling due within one year

28,234

14,887

NET CURRENT (LIABILITIES)/ASSETS

(22,643

)

1,192

TOTAL ASSETS LESS CURRENT
LIABILITIES

(22,643

)

1,192

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(22,743

)

1,092

SHAREHOLDERS' FUNDS

(22,643

)

1,192

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2025 and were signed on its behalf by:

S Putnam - Director

1.	STATUTORY INFORMATION

Vanquish (Business Solutions) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company settles all of its liabilities as they fall due and has the continued support of its directors.Therefore the directors consider the going concern basis of preparation to be appropriate.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

2,908

DEPRECIATION

At 1 April 2024

and 31 March 2025

2,908

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

S Putnam

Balance outstanding at start of year

2,333

5,456

Amounts advanced

-

2,333

Amounts repaid

(18,456

)

(5,456

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(16,123

)

2,333

The sum of £16,123 is owed to the directors by the company, (2024 - £2,333 is owed by the directors to the company) at the year end. £16,123 was the maximum amount outstanding during the period. Interest has not been charged on the sum outstanding.