V&R Designs Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10671018 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

V&R Designs Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Roberts

Miss Z Volkes

SECRETARY:

REGISTERED OFFICE:

Walters House

Freshfield Lane

Danehill

Haywards Heath

West Sussex

RH17 7HQ

REGISTERED NUMBER:

10671018 (England and Wales)

ACCOUNTANTS:

Stone's Accountancy Sussex Limited

398 Coast Road

Pevensey Bay

Pevensey

East Sussex

BN24 6NY

FIXED ASSETS

Tangible assets

4

413

516

CURRENT ASSETS

Debtors

5

30,008

8,535

Cash at bank

2,890

2,964

32,898

11,499

CREDITORS

Amounts falling due within one year

6

9,725

4,224

NET CURRENT ASSETS

23,173

7,275

TOTAL ASSETS LESS CURRENT
LIABILITIES

23,586

7,791

CREDITORS

Amounts falling due after more than
one year

7

20,631

7,385

NET ASSETS

2,955

406

CAPITAL AND RESERVES

Called up share capital

8

Retained earnings

2,947

398

2,955

406

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.

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 23 December 2025 and were signed on its behalf by:

M Roberts - Director

Miss Z Volkes - Director

1.	STATUTORY INFORMATION

V&R Designs Ltd 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.

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.

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 balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

3,133

DEPRECIATION

At 1 April 2024

2,617

Charge for year

103

At 31 March 2025

2,720

NET BOOK VALUE

At 31 March 2025

413

At 31 March 2024

516

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Trade debtors

30,000

-

Directors' loan accounts

-

8,527

Called up share capital not paid

8

30,008

8,535

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Tax

6,721

3,160

Directors' loan accounts

1,948

2

Accrued expenses

1,056

1,062

9,725

4,224

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31/3/25

31/3/24

£

Other loans - 1-2 years

20,631

7,385

8.	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:

31/3/25

31/3/24

£

Miss Z Volkes

Balance outstanding at start of year

8,527

-

Amounts advanced

-

8,527

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

8,527

At the balance sheet date, the director of the company loaned the company funds for cash flow purposes, There is no interest charged and the loan is repayable on demand.