VBBR Group Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08737101 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

VBBR GROUP LIMITED

TRADING AS

VENREC BUSINESS BROKERAGE AND

RECRUITMENT GROUP

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M P Smith BA (Hons) FCA

Ms V A Coombs ACA FCCA

Miss S J Smith

REGISTERED OFFICE:

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

REGISTERED NUMBER:

08737101 (England and Wales)

ACCOUNTANTS:

Mackenzies Accountants Limited

Chartered Accountants

12 Romney Place

Maidstone

Kent

ME15 6LE

FIXED ASSETS

Investments

4

100

100

CURRENT ASSETS

Cash in hand

125

35

NET CURRENT ASSETS

125

35

TOTAL ASSETS LESS CURRENT LIABILITIES

225

135

CAPITAL AND RESERVES

Called up share capital

5

225

135

SHAREHOLDERS' FUNDS

225

135

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 May 2022 and were signed on its behalf by:

Ms V A Coombs ACA FCCA - Director

1.	STATUTORY INFORMATION

VBBR Group 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2021

and 31 March 2022

100

NET BOOK VALUE

At 31 March 2022

100

At 31 March 2021

100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Venrec Group Limited

Registered office: 12 Romney Place, Maidstone, Kent, ME15 6LE

Nature of business: Recruitment consultant

%

Class of shares:

holding

Ordinary

100.00

2022

2021

£

£

Aggregate capital and reserves

18,430

(12,733

)

Profit for the year

66,196

2,294

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

£

£

180

Ordinary A

£1

180

90

45

Ordinary B

£1

45

45

225

135

The following shares were issued during the year for cash at par :

90 Ordinary A shares of £1

6.	ULTIMATE CONTROLLING PARTY

The company's ultimately controlled by two of the directors Mark Smith and Venetia Coombs by virtue of their majority shareholding in the company.