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Company Registration No. 13295710 (England and Wales)
VOLASK LTD Unaudited accounts for the year ended 31 December 2025
VOLASK LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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VOLASK LTD Company Information for the year ended 31 December 2025
Director
Volkan KOYUNCU
Company Number
13295710 (England and Wales)
Registered Office
214 BAKER STREET ENFIELD EN1 3JY ENGLAND
Accountants
DNG Associates 214 Baker Street Enfield London EN1 3JY
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VOLASK LTD Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
21,644
23,074
Current assets
Cash at bank and in hand
1,338
807
Creditors: amounts falling due within one year
5
(16,995)
(9,337)
Net current liabilities
(15,657)
(8,530)
Total assets less current liabilities
5,987
14,544
Creditors: amounts falling due after more than one year
6
(5,812)
(10,732)
Net assets
175
3,812
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
75
3,712
Shareholders' funds
175
3,812
For the year ending 31 December 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 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 3 June 2026 and were signed on its behalf by
Volkan KOYUNCU Director Company Registration No. 13295710
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VOLASK LTD Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
VOLASK LTD is a private company, limited by shares, registered in England and Wales, registration number 13295710. The registered office is 214 BAKER STREET, ENFIELD, EN1 3JY, 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.
Turnover
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 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.
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:
Motor vehicles
6% - Reducing balance method
Computer equipment
18% - Reducing balance method
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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VOLASK LTD Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2025
25,680
569
26,249
At 31 December 2025
25,680
569
26,249
Depreciation
At 1 January 2025
2,989
186
3,175
Charge for the year
1,361
69
1,430
At 31 December 2025
4,350
255
4,605
Net book value
At 31 December 2025
21,330
314
21,644
At 31 December 2024
22,691
383
23,074
5
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
54
-
Taxes and social security
8,800
5,019
Loans from directors
7,796
4,318
Accruals
345
-
16,995
9,337
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
5,812
10,732
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
Included within other creditors is an amount of £7,796 (2024;£4,318) due to its directors. There are no terms as to interest or repayment in respect of this balance.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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