Vollans Limited - Period Ending 2023-03-31

Vollans Limited

Contents

Accountants' Report	1
Balance Sheet	2

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Vollans Limited
for the Year Ended 31 March 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Vollans Limited for the year ended 31 March 2023 as set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Vollans Limited, as a body, in accordance with the terms of our engagement letter dated 13 November 2023. Our work has been undertaken solely to prepare for your approval the accounts of Vollans Limited and state those matters that we have agreed to state to the Board of Directors of Vollans Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Vollans Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Vollans Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Vollans Limited. You consider that Vollans Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Vollans Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Dodd & Co Limited
Chartered Accountants
Clint Mill
Cornmarket
PENRITH
CA11 7HW

1 December 2023

Vollans Limited

(Registration number: 06369652)
Balance Sheet as at 31 March 2023

		31 March 2023 £	31 March 2022 £
Fixed assets		586	965
Current assets		15,002	16,542
Prepayments and accrued income		40	40
Creditors: Amounts falling due within one year		(5,626)	(14,777)
Net current assets		9,416	1,805
Total assets less current liabilities		10,002	2,770
Accruals and deferred income		(1,400)	(3,400)
		8,602	(630)
Capital and reserves		8,602	(630)

Vollans Limited

(Registration number: 06369652)
Balance Sheet as at 31 March 2023 (continued)

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Yew Tree Cottage
Staffield
PENRITH
CA10 1EU

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

3	Related party transactions

Transactions with directors

2023	At 1 April 2022 £	Advances £	Repayments £	Dividends credited £	Interest £	At 31 March 2023 £
M Vollans
Loan	2,298	1,030	(2,298)	-	-	1,030
S E Vollans
Loan	2,298	1,030	(2,298)	-	-	1,030

2022	At 1 October 2020 £	Advances £	Repayments £	Dividends credited £	Interest £	At 31 March 2022 £
M Vollans
Loan	17,230	-	(15,631)	-	699	2,298
S E Vollans
Loan	17,230	-	(15,631)	-	699	2,298

Directors' advances are repayable on demand.

No interest has been charged on advances to directors.

Vollans Limited

(Registration number: 06369652)
Balance Sheet as at 31 March 2023 (continued)

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 1 December 2023 and signed on its behalf by:
 

......................................... M Vollans Director