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Company Registration No. 9662363 (England and Wales)
VSN PLASTICS SOLUTIONS LTD Unaudited accounts for the year ended 31 December 2024
VSN PLASTICS SOLUTIONS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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VSN PLASTICS SOLUTIONS LTD Company Information for the year ended 31 December 2024
Director
Sivakumar Neelamegan
Company Number
9662363 (England and Wales)
Registered Office
56 Nythe Road Swindon Wiltshire SN3 4AP England
Accountants
IRTS Business Solutions Limited 209 The Heights Northolt Middlesex UB5 4BX
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VSN PLASTICS SOLUTIONS LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
53,635 
806 
Current assets
Debtors
5
139,837 
141,448 
Cash at bank and in hand
192,599 
186,035 
332,436 
327,483 
Creditors: amounts falling due within one year
6
(90,026)
(73,197)
Net current assets
242,410 
254,286 
Total assets less current liabilities
296,045 
255,092 
Creditors: amounts falling due after more than one year
7
(32,386)
(37,684)
Net assets
263,659 
217,408 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
263,649 
217,398 
Shareholders' funds
263,659 
217,408 
For the year ending 31 December 2024 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 22 December 2025 and were signed on its behalf by
Sivakumar Neelamegan Director Company Registration No. 9662363
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VSN PLASTICS SOLUTIONS LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
VSN PLASTICS SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 9662363. The registered office is 56 Nythe Road, Swindon, Wiltshire, SN3 4AP, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
- 
1,050 
1,200 
2,250 
Additions
52,990 
- 
- 
52,990 
At 31 December 2024
52,990 
1,050 
1,200 
55,240 
Depreciation
At 1 January 2024
- 
674 
770 
1,444 
Charge for the year
- 
75 
86 
161 
At 31 December 2024
- 
749 
856 
1,605 
Net book value
At 31 December 2024
52,990 
301 
344 
53,635 
At 31 December 2023
- 
376 
430 
806 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
8,448 
Other debtors
139,837 
133,000 
139,837 
141,448 
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VSN PLASTICS SOLUTIONS LTD Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
49,457 
- 
Taxes and social security
11,245 
33,330 
Other creditors
1,050 
- 
Loans from directors
28,274 
35,867 
Accruals
- 
4,000 
90,026 
73,197 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
32,386 
37,684 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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