Abbreviated Company Accounts - VEGA FINANCE LTD

Abbreviated Company Accounts - VEGA FINANCE LTD


Registered Number 08399000

VEGA FINANCE LTD

Abbreviated Accounts

28 February 2016

VEGA FINANCE LTD Registered Number 08399000

Abbreviated Balance Sheet as at 28 February 2016

Notes 2016 2015
£ £
Current assets
Debtors 10,176 3,480
Cash at bank and in hand 5,904 5,460
16,080 8,940
Creditors: amounts falling due within one year (3,905) (3,326)
Net current assets (liabilities) 12,175 5,614
Total assets less current liabilities 12,175 5,614
Total net assets (liabilities) 12,175 5,614
Capital and reserves
Called up share capital 2 1,000 1,000
Profit and loss account 11,175 4,614
Shareholders' funds 12,175 5,614
  • For the year ending 28 February 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 November 2016

And signed on their behalf by:
I Koutsogiannopoulos, Director

VEGA FINANCE LTD Registered Number 08399000

Notes to the Abbreviated Accounts for the period ended 28 February 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of services, excluding value added tax.

2Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1,000 Ordinary shares of £1 each 1,000 1,000