V Star Industries Limited - Period Ending 2020-05-31

V Star Industries Limited - Period Ending 2020-05-31


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Registration number: 08086018

V Star Industries Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 May 2020

 

V Star Industries Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

3

 

V Star Industries Limited

Company Information

Directors

Mrs Charlotte Lucy Venables

Mr David Philip Venables

Registered office

Albion Dockside Building
Hanover Place
Bristol
BS1 6UT

Accountants

R S Porter & Co Limited
The Old Dairy
Ashton Hill Farm
Weston Road
Failand
Bristol
BS8 3US

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
V Star Industries Limited
for the Year Ended 31 May 2020

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of V Star Industries Limited for the year ended 31 May 2020 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of V Star Industries Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of V Star Industries Limited and state those matters that we have agreed to state to the Board of Directors of V Star Industries Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than V Star Industries Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that V Star Industries Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of V Star Industries Limited. You consider that V Star Industries Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of V Star Industries Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

R S Porter & Co Limited
The Old Dairy
Ashton Hill Farm
Weston Road
Failand
Bristol
BS8 3US

18 January 2021

 

V Star Industries Limited

(Registration number: 08086018)
Balance Sheet as at 31 May 2020

2020
£

2019
£

Fixed assets

37,323

19,154

Current assets

311,444

433,268

Creditors: Amounts falling due within one year

(259,863)

(406,027)

Net current assets

51,581

27,241

Total assets less current liabilities

88,904

46,395

Creditors: Amounts falling due after more than one year

(50,000)

-

 

38,904

46,395

Capital and reserves

38,904

46,395

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Albion Dockside Building
Hanover Place
Bristol
BS1 6UT
United Kingdom

These financial statements were authorised for issue by the Board on 18 January 2021.

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2019 - 1).

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 May 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

 

V Star Industries Limited

(Registration number: 08086018)
Balance Sheet as at 31 May 2020

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 18 January 2021 and signed on its behalf by:
 

.........................................

Mr David Philip Venables
Director