Vollans Limited - Period Ending 2022-03-31

Vollans Limited

Contents

Accountants' Report	1
Balance Sheet	2

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Vollans Limited
for the Period Ended 31 March 2022

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Vollans Limited for the period ended 31 March 2022 as set out on pages 2 to 5 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 Vollans Limited, as a body, in accordance with the terms of our engagement letter dated 29 June 2018. Our work has been undertaken solely to prepare for your approval the accounts of Vollans Limited and state those matters that we have agreed to state to the Board of Directors of Vollans 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 Vollans Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Vollans 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 Vollans Limited. You consider that Vollans Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Vollans 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.

Dodd & Co Limited
Chartered Accountants
Clint Mill
Cornmarket
PENRITH
CA11 7HW

12 December 2022

Vollans Limited

(Registration number: 06369652)
Balance Sheet as at 31 March 2022

		31 March 2022 £	30 September 2020 £
Fixed assets		965	337
Current assets		16,542	44,747
Prepayments and accrued income		40	66
Creditors: Amounts falling due within one year		(14,777)	(11,248)
Net current assets		1,805	33,565
Total assets less current liabilities		2,770	33,902
Creditors: Amounts falling due after more than one year		-	(29,129)
Accruals and deferred income		(3,400)	(5,115)
		(630)	(342)
Capital and reserves		(630)	(342)

Vollans Limited

(Registration number: 06369652)
Balance Sheet as at 31 March 2022 (continued)

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:
Yew Tree Cottage
Staffield
PENRITH
CA10 1EU

Basis of preparation

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 period, was 2 (2020 - 2).

Vollans Limited

(Registration number: 06369652)
Balance Sheet as at 31 March 2022 (continued)

3	Related party transactions

Transactions with directors

2022	At 1 October 2020 £	Advances £	Repayments £	Dividends credited £	Interest £	At 31 March 2022 £
M Vollans
Loan	17,230	-	(15,631)	-	699	2,298
S E Vollans
Loan	17,230	-	(15,631)	-	699	2,298

2020	At 1 October 2019 £	Advances £	Repayments £	Dividends credited £	Interest £	At 30 September 2020 £
M Vollans
Loan	12,868	18,872	-	(15,000)	490	17,230
S E Vollans
Loan	12,868	18,872	-	(15,000)	490	17,230

Directors' advances are repayable on demand.

Interest has been charged at a rate of 2¼% and 2% on advances to directors.

Vollans Limited

(Registration number: 06369652)
Balance Sheet as at 31 March 2022 (continued)

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 period ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period 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 12 December 2022 and signed on its behalf by:
 

......................................... M Vollans Director