VRW Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09402154 (England and Wales)

Financial Statements for the Year Ended 30 April 2021

for

VRW LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A T West

SECRETARY:

A T West

REGISTERED OFFICE:

71-75 Shelton Street

Covent Garden

London

London

WC2H 9JQ

REGISTERED NUMBER:

09402154 (England and Wales)

ACCOUNTANTS:

THB LLP

1 & 2 Studley Court Mews

Studley Court

Guildford Road

Chobham

Surrey

GU24 8EB

FIXED ASSETS

Tangible assets

4

1,797

3,458

CURRENT ASSETS

Debtors

5

19,154

202,993

Cash at bank

130,543

27,583

149,697

230,576

CREDITORS

Amounts falling due within one year

6

42,612

69,760

NET CURRENT ASSETS

107,085

160,816

TOTAL ASSETS LESS CURRENT LIABILITIES

108,882

164,274

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

108,881

164,273

SHAREHOLDERS' FUNDS

108,882

164,274

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 December 2021 and were signed by:

A T West - Director

1.	STATUTORY INFORMATION

VRW Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents sales excluding VAT; and including Flat Rate Scheme Surplus.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

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

Current 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 May 2020

4,152

13,342

17,494

Additions

154

-

154

At 30 April 2021

4,306

13,342

17,648

DEPRECIATION

At 1 May 2020

2,703

11,333

14,036

Charge for year

401

1,414

1,815

At 30 April 2021

3,104

12,747

15,851

NET BOOK VALUE

At 30 April 2021

1,202

595

1,797

At 30 April 2020

1,449

2,009

3,458

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.21

30.4.20

£

£

Other debtors

19,154

202,993

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.21

30.4.20

£

£

Taxation and social security

1,943

12,736

Other creditors

40,669

57,024

42,612

69,760

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.21

30.4.20

value:

£

£

1

Ordinary

£1

1

1

8.

RESERVES

Retained

earnings

£

At 1 May 2020

164,273

Deficit for the year

(53,392

)

Dividends

(2,000

)

At 30 April 2021

108,881