Company Registration No. SC542589 (Scotland)
VUABL Ltd
Unaudited accounts
for the year ended 31 August 2025
VUABL Ltd
Unaudited accounts
Contents
VUABL Ltd
Company Information
for the year ended 31 August 2025
Directors
Akash Chopra
Blair Stirling
Company Number
SC542589 (Scotland)
Registered Office
The Beyond
Skypark
8 Elliot Street
Glasgow
G3 8EP
Scotland
Accountants
Prime Fiscal LLP
107 St Andrews Drive
Glasgow
G41 4RA
VUABL Ltd
Statement of financial position
as at 31 August 2025
Intangible assets
74,352
54,282
Tangible assets
4,055
6,111
Cash at bank and in hand
13,818
-
Creditors: amounts falling due within one year
(81,861)
(46,136)
Net current (liabilities)/assets
(33,647)
13,886
Total assets less current liabilities
44,760
74,279
Creditors: amounts falling due after more than one year
-
(972)
Called up share capital
131
118
Share premium
315,916
158,138
Profit and loss account
(271,287)
(84,949)
Shareholders' funds
44,760
73,307
For the year ending 31 August 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 1 July 2026 and were signed on its behalf by
Blair Stirling
Director
Company Registration No. SC542589
VUABL Ltd
Notes to the Accounts
for the year ended 31 August 2025
VUABL Ltd is a private company, limited by shares, registered in Scotland, registration number SC542589. The registered office is The Beyond, Skypark, 8 Elliot Street, Glasgow, G3 8EP, Scotland.
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.
These financial statements for the year ended 31 August 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Computer equipment
25% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Other
At 1 September 2024
98,123
At 1 September 2024
43,841
VUABL Ltd
Notes to the Accounts
for the year ended 31 August 2025
5
Tangible fixed assets
Computer equipment
At 1 September 2024
26,362
At 1 September 2024
20,251
Amounts falling due within one year
Trade debtors
34,163
57,622
Accrued income and prepayments
233
2,400
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
1,039
8,915
Trade creditors
12,498
11,927
Taxes and social security
2,077
2,666
Other creditors
43,950
10,556
Loans from directors
3,775
5,997
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).