Vilsone Management Ltd - Accounts

Vilsone Management Ltd - Accounts

VILSONE MANAGEMENT LTD - Company Information

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Vilsone Management Ltd 09520590 Export of equipment and spare parts for production of automobile filters and oil refined products. false 1 April 2019 09520590 2019-04-01 2020-03-31 09520590 2019-03-31 09520590 2020-03-31 09520590 2018-04-01 2019-03-31 09520590 2018-03-31 09520590 2019-03-31 09520590 frs102-bus:FRS102 2019-04-01 2020-03-31 09520590 frs102-bus:PrivateLimitedCompanyLtd 2019-04-01 2020-03-31 09520590 frs102-bus:FullAccounts 2019-04-01 2020-03-31 09520590 frs102-bus:AuditExempt-NoAccountantsReport 2019-04-01 2020-03-31 09520590 frs102-core:CurrentFinancialInstruments 2020-03-31 09520590 frs102-core:CurrentFinancialInstruments 2019-03-31 09520590 frs102-core:ShareCapital 2020-03-31 09520590 frs102-core:ShareCapital 2019-03-31 09520590 frs102-core:RetainedEarningsAccumulatedLosses 2020-03-31 09520590 frs102-core:RetainedEarningsAccumulatedLosses 2019-03-31 09520590 frs102-bus:Director1 2019-04-01 2020-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
09520590
Vilsone Management Ltd
Unaudited Accounts
for the year ended
31 March 2020
Vilsone Management Ltd
Balance Sheet
as at 31 March 2020
Notes
 2020
£		 2019
£
Current assets
Debtors 4 777,061 626,506
Cash at bank and in hand 1,380 839
778,441 627,345
Creditors: amounts falling due within one year 5 (606,010) (463,002)
Net current assets / (liabilities) 172,431 164,343
Total assets less current liabilities 172,431 164,343
Provisions for liabilities (0) (0)
Total net assets (liabilities) 172,431 164,343
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 171,431 163,343
Shareholders' funds 172,431 164,343

Vilsone Management Ltd
Balance Sheet
as at 31 March 2020



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2020 the company was entitled to exemption 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.

Signed on behalf of the board of directors

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

Mr S Stylianou

Director


Approved by the board on 21 January 2021

Company Number: 09520590 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

62 High Street
Redhill
Surrey
RH1 1SG
England

Vilsone Management Ltd
Notes to the Accounts
for the year ended 31 March 2020

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Foreign currencies
Transactions in foreign currencies other than the functional currency of the company are recorded at the rate of exchange on the date the transaction occurred. Monetary assets and liabilities in foreign currencies are translated at the rates prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items measured at historic cost in a foreign currency are recorded at that historic value.
2. Taxation
2020 2019
£ £
UK Corporation Tax 1,897 0
Tax on profit/(loss) on ordinary activities 1,897 0

3. Employees
2020 2019
Average number of employees during the period 1 1

4. Debtors
2020 2019
£ £
Trade debtors 733,511 584,128
Amounts owed by group undertakings and participating interests 1,000 1,000
Other debtors 42,550 41,378
777,061 626,506

5. Creditors: amounts falling due within one year
2020 2019
£ £
Trade creditors 600,963 459,916
Taxation & social security 1,897 53
Other creditors 3,150 3,033
606,010 463,002