REGISTERED NUMBER: 13039438

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

VENDOR DIRECT SOLUTIONS LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

2

CURRENT ASSETS

Debtors: amounts falling due within one year

4

9,552

21,542

CREDITORS

Amounts falling due within one year

5

(11,823

)

(18,241

)

NET CURRENT (LIABILITIES)/ASSETS

(2,271

)

3,301

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,271

)

3,301

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(2,272

)

3,300

(2,271

)

3,301

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 December 2025 and were signed by:

A E Forde - Director

1.	GENERAL INFORMATION

Vendor Direct Solutions Limited is a private limited company (limited by shares) incorporated and domiciled in England and Wales.

The Company's registered office is 2nd Floor, 55 Ludgate Hill, London, United Kingdom, EC4M 7JW.

The Company's principal activity is the wholesale of computer equipment and software.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

Going concern

Having paid due regard to the Company’s projected results during the twelve months from the date of the financial statements are approved, anticipated cashflows and the continued support of the Company’s parent, the director believes it appropriate to adopt the going concern basis of accounting in preparing the financial statements.

Taxation

Tax is recognised in the statement of income and retained earnings except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Debtors

Short-term debtors are measured at transaction price, less any impairment.

Creditors

Short-term creditors are measured at the transaction price.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

7,122

21,342

Other debtors

2,430

200

9,552

21,542

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

1,560

-

Corporation tax

3,713

2,241

Accruals

6,550

16,000

11,823

18,241

6.	RELATED PARTY TRANSACTIONS

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

7.	CONTROLLING PARTY

The name of the parent of the smallest group for which consolidated financial statements are drawn up of which Vendor Direct Solutions Limited is a member is Vendor Direct Solutions, LLC whose registered office address is 515 S. Figueroa Street, Suite 1900 Los Angeles, CA 90071.