Vudo Investments Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 13917598 (England and Wales)

Unaudited Financial Statements

for the Period

15 February 2022 to 28 February 2023

for

Vudo Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M I Atkinson

C R Davis

REGISTERED OFFICE:

404 The Innovation Centre

Vienna Court

Kirkleatham Business Park

Redcar

TS10 5SH

REGISTERED NUMBER:

13917598 (England and Wales)

ACCOUNTANTS:

Anderson Barrowcliff LLP

Chartered Accountants

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

FIXED ASSETS

Investments

4

227,025

CURRENT ASSETS

Cash in hand

3

CREDITORS

Amounts falling due within one year

5

227,025

NET CURRENT LIABILITIES

(227,022

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3

CAPITAL AND RESERVES

Called up share capital

3

3

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2023 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 June 2023 and were signed on its behalf by:

M I Atkinson - Director

C R Davis - Director

1.	STATUTORY INFORMATION

Vudo Investments 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.

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.

Investments in associates

Investments in associate undertakings are recognised at cost less impairment.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss in other administrative expenses.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	FIXED ASSET INVESTMENTS

Interest

in

associate

undertaking

£

COST

Additions

227,025

At 28 February 2023

227,025

NET BOOK VALUE

At 28 February 2023

227,025

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed to associates

227,025

6.	CONTINGENT LIABILITIES

The company also offers security to a loan provider under cross guarantees with companies under common control. At 28 February 2023, the aggregate loan of the companies within the agreement was £73,446. The directors do not consider that any loss will arise in connection with this guarantee and consequently no amount is provided within these financial statements.