Company Registration No. 11376076 (England and Wales)
Vmg (north West) Ltd
Unaudited accounts
for the year ended 28 February 2025
Vmg (north West) Ltd
Unaudited accounts
Contents
Vmg (north West) Ltd
Company Information
for the year ended 28 February 2025
Directors
James Cannon
James Waldie
Company Number
11376076 (England and Wales)
Registered Office
Unit 6 Helix Business Park
New Bridge Road
Ellesmere Port
CH65 4LR
England
Accountants
Walling Accountants
Unit 1B Hallidays Farm
Bilsborrow
Preston
PR3 0RU
Vmg (north West) Ltd
Statement of financial position
as at 28 February 2025
Inventories
24,131
143,088
Cash at bank and in hand
5,221
1,400
Creditors: amounts falling due within one year
(22,132)
(94,551)
Net current assets
111,565
63,162
Total assets less current liabilities
111,565
63,162
Creditors: amounts falling due after more than one year
(201,608)
(231,764)
Net liabilities
(90,043)
(168,602)
Called up share capital
100
100
Profit and loss account
(90,143)
(168,702)
Shareholders' funds
(90,043)
(168,602)
For the year ending 28 February 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.
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 21 December 2025 and were signed on its behalf by
James Waldie
Director
Company Registration No. 11376076
Vmg (north West) Ltd
Notes to the Accounts
for the year ended 28 February 2025
Vmg (north West) Ltd is a private company, limited by shares, registered in England and Wales, registration number 11376076. The registered office is Unit 6 Helix Business Park, New Bridge Road, Ellesmere Port, CH65 4LR, 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.
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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Amounts falling due within one year
Other debtors
104,345
13,225
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,128
10,140
Other creditors
1,794
67,791
Vmg (north West) Ltd
Notes to the Accounts
for the year ended 28 February 2025
6
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
194,012
167,129
Loans from directors
-
46,923
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).