Vectra Consulting Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 03766738 (England and Wales)

Financial Statements for the Year Ended 31 May 2022

for

Vectra Consulting Ltd

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

Mr S Sivaranjan

REGISTERED OFFICE:

BBK Partnership

Unit 90, Capital Business Centre

22 Carlton Road

South Croydon

Surrey

CR2 0BS

REGISTERED NUMBER:

03766738 (England and Wales)

ACCOUNTANTS:

BBK Partnership

Chartered Accountants

& Statutory Auditors

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

FIXED ASSETS

Tangible assets

4

6,096

7,620

CURRENT ASSETS

Debtors

5

20,000

-

Cash at bank

48,608

22,037

68,608

22,037

CREDITORS

Amounts falling due within one year

6

43,559

11,885

NET CURRENT ASSETS

25,049

10,152

TOTAL ASSETS LESS CURRENT LIABILITIES

31,145

17,772

CREDITORS

Amounts falling due after more than one year

7

13,773

17,500

NET ASSETS

17,372

272

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

17,272

172

SHAREHOLDERS' FUNDS

17,372

272

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 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 20 February 2023 and were signed by:

Mr S Sivaranjan - Director

1.	STATUTORY INFORMATION

Vectra Consulting 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

20% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 June 2021

and 31 May 2022

11,316

5,320

16,636

DEPRECIATION

At 1 June 2021

7,952

1,064

9,016

Charge for year

673

851

1,524

At 31 May 2022

8,625

1,915

10,540

NET BOOK VALUE

At 31 May 2022

2,691

3,405

6,096

At 31 May 2021

3,364

4,256

7,620

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.22

31.5.21

£

£

Prepayments

20,000

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.22

31.5.21

£

£

Amounts owed to group undertakings

20,010

-

Tax

4,362

4,062

Social security and other taxes

(235

)

478

Wages Control

(1,447

)

-

Directors' current accounts

20,869

2,345

Accrued expenses

-

5,000

43,559

11,885

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.22

31.5.21

£

£

Bank loans (see note 8)

13,773

17,500

8.

LOANS

An analysis of the maturity of loans is given below:

31.5.22

31.5.21

£

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

13,773

17,500

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.22

31.5.21

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 June 2021

172

Profit for the year

17,100

At 31 May 2022

17,272