Company Registration No. 08163723 (England and Wales)
VICTORIMAX LIMITED
Unaudited accounts
for the year ended 31 August 2023
VICTORIMAX LIMITED
Unaudited accounts
Contents
VICTORIMAX LIMITED
Company Information
for the year ended 31 August 2023
Directors
Rachana LAKDAWALA
Zulfikar LAKDAWALA
Naushad RAMJI
Company Number
08163723 (England and Wales)
Registered Office
The Vista Centre, 50 Salisbury Road
B Wing, 6th Floor
Hounslow
TW4 6JQ
United Kingdom
Accountants
WNR Associates Limited
63/66 Hatton Garden
Fifth Floor Suite 23
London
EC1N 8LE
VICTORIMAX LIMITED
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
13,741
18,637
Creditors: amounts falling due within one year
(36,745)
(39,607)
Net current assets
57,118
75,952
Total assets less current liabilities
57,118
75,952
Creditors: amounts falling due after more than one year
(17,626)
(28,372)
Provisions for liabilities
Other provisions
(20,000)
(20,000)
Called up share capital
10,000
10,000
Profit and loss account
9,492
17,580
Shareholders' funds
19,492
27,580
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 31 May 2024 and were signed on its behalf by
Rachana LAKDAWALA
Director
Company Registration No. 08163723
VICTORIMAX LIMITED
Notes to the Accounts
for the year ended 31 August 2023
VICTORIMAX LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08163723. The registered office is The Vista Centre, 50 Salisbury Road, B Wing, 6th Floor , Hounslow, TW4 6JQ , United Kingdom .
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 remained unchanged from the previous year, and also 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Amounts falling due within one year
Trade debtors
33,922
50,722
Other debtors
46,200
46,200
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,648
13,533
Taxes and social security
5,532
17,411
Loans from directors
79
2,719
6
Creditors: amounts falling due after more than one year
2023
2022
VICTORIMAX LIMITED
Notes to the Accounts
for the year ended 31 August 2023
7
Provisions for liabilities
£
At 1 September 2022
20,000
Company operates on a 'no win no fee' basis. General provision of clawbacks maintained for potiential refunds on cases lost.
Allotted, called up and fully paid:
100 Ordinary shares of £100 each
10,000
10,000
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).
