VICTOR SAVVY SOLUTIONS LTD
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
7,661
Creditors: amounts falling due within one year
(11,405)
Net current liabilities
(3,744)
Profit and loss account
291
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 June 2023 and were signed on its behalf by
VICTOR UZOCHUKWU AKUWUDIKE
Director
Company Registration No. 14095691
VICTOR SAVVY SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 May 2023
VICTOR SAVVY SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 14095691. The registered office is 9 NORTHUMBERLAND AVENUE, LONDON, LONDON, WC2N 5BX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Over 5 Years
Fixtures & fittings
Over 5 Years
Computer equipment
Over 5 Years
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
3,567
158
1,198
4,923
At 31 May 2023
3,567
158
1,198
4,923
Charge for the year
643
29
216
888
At 31 May 2023
643
29
216
888
At 31 May 2023
2,924
129
982
4,035
5
Creditors: amounts falling due within one year
2023
Taxes and social security
420
Loans from directors
10,985
VICTOR SAVVY SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 May 2023
6
Average number of employees
During the year the average number of employees was 1.
