Voller Bros Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02597184 (England and Wales)

Voller Bros Limited

Unaudited Financial Statements

for the Year Ended 30 April 2020

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S A Jupe

SECRETARY:

S A Jupe

REGISTERED OFFICE:

206 Portsmouth Road

Horndean

Hampshire

PO8 9HR

REGISTERED NUMBER:

02597184 (England and Wales)

ACCOUNTANTS:

Barter Durgan

Chartered Accountants

10, Victoria Road South

Southsea

Hampshire

PO5 2DA

BANKERS:

Barclays Bank

PO Box 6

107 Commercial Road

Portsmouth

Hampshire

PO6 3DH

FIXED ASSETS

Tangible assets

4

13,587

14,132

CURRENT ASSETS

Debtors

5

8,586

8,586

Cash at bank

4,266

6,727

12,852

15,313

CREDITORS

Amounts falling due within one year

6

32,315

37,667

NET CURRENT LIABILITIES

(19,463

)

(22,354

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,876

)

(8,222

)

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

(15,876

)

(18,222

)

SHAREHOLDERS' FUNDS

(5,876

)

(8,222

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 4 January 2021 and were signed by:

S A Jupe - Director

1.	STATUTORY INFORMATION

Voller Bros Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 May 2019

and 30 April 2020

27,228

DEPRECIATION

At 1 May 2019

13,096

Charge for year

545

At 30 April 2020

13,641

NET BOOK VALUE

At 30 April 2020

13,587

At 30 April 2019

14,132

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

30.4.19

£

£

Other debtors

8,586

8,586

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

30.4.19

£

£

Taxation

678

719

Directors' current accounts

31,097

36,408

Accrued expenses

540

540

32,315

37,667

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the Mr S D Jupe but when added to the shareholding of his wife , the director Mrs S A Jupe, they control all of the company.