Vipr Limited - Full Accounts














Vipr Limited


FINANCIAL STATEMENTS


for the year ended 31st December 2016


Vipr Limited

CONTENTS

for the year ended 31st December 2016







The Accounts are comprised of the following:

Statement of Financial Position

Notes to the Accounts



Please note that the Accounts comprise of HTML and iXBRL source code and that this is a printed or visual representation of that source code some of which will not be displayed or printed.

Vipr Limited

Company No. 06795644

STATEMENT OF FINANCIAL POSITION

as at 31st December 2016

2015
Note£££
FIXED ASSETS
Intangible assets433514843053984
Property, plant and equipment571695328
33586533059312
CURRENT ASSETS
Debtors6214996233514
Cash at bank and in hand254476151288
469472384802
CURRENT LIABILITIES
Creditors: amounts falling due
within one year713042121168409
NET CURRENT LIABILITIES(834740)(783607)
TOTAL ASSETS LESS CURRENT LIABILITIES25239132275705
 
Creditors: amounts falling due
after more than one year--
 
NET ASSETS25239132275705
 
CAPITAL AND RESERVES
Called up share capital30500290
Share premium account15896951499710
Retained earnings903718775705
SHAREHOLDERS FUNDS25239132275705

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies which are subject to the small companies' regime. The Income Statement has not been delivered to the Registrar of Companies.

For the year ended 31st December 2016 the Company is entitled to the exemption from the requirement to obtain an audit conferred by section 477 of the Companies Act 2006 and the members have not required the company to obtain an audit in accordance with section 476 of the Act.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the Board on 23 March 2017


R M Brown

Director

Company Number 06795644 (England)

Vipr Limited

NOTES TO THE ACCOUNTS

for the year ended 31st December 2016


1   Statutory information

Vipr Limited is a private company limited by shares and registered under company number 06795644 in England. Its registered office address is The St Botolph Building 138 Houndsditch London EC3A 7AR.

These financial statements are presented in Sterling, which is the functional currency of the company.

2   Accounting policies

Basis of preparation of financial statements

The accounts have been prepared under the historical cost convention in accordance with the accounting policies set out below, and in accordance with Financial Reporting Standard 102 Section 1A and the Companies Act 2006.

Depreciation

Depreciation is provided on all property, plant and equipment, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant, machinery and vehicles25% reducing balance

3   Employee information

The average number of employees during the accounting period was 12 (2015 - 10).

4   Intangible assets
£
Software Development Costs
 
Cost
At 1st January 2016 3053984
Additions657500
At 31st December 20163711484
 
Amortisation
At 1st January 2016 -
Provided during the year360000
At 31st December 2016360000
 
Net Book Value
At 31st December 20163351484
At 31st December 20153053984

Intangible Fixed Assets are being written off in equal annual instalments over each asset's estimated economic life.


5   Property, plant and equipment
 
Fixtures
and
FittingsTotal
££
Cost
At 1st January 2016 55695569
Additions36323632
At 31st December 201692019201
 
Depreciation
At 1st January 2016 241241
Charge for year17911791
At 31st December 201620322032
 
Net Book Value
At 31st December 201671697169
At 31st December 201553285328

6   Debtors20162015
££
 
Trade Debtors136405215833
Prepayments and accrued income7859117681
214996233514

7   Creditors: amounts falling due within one year20162015
££
 
Loans and Overdrafts265892-
Trade Creditors8460649050
Taxes and social security costs13584082342
Other creditors6139041129
Accruals and deferred income756484995888
13042121168409

8   Transactions with Directors

There were no transactions with Directors except as reflected in the Director's loan account for each Director. The closing balances of each account are as detailed below. Credit balances are shown without brackets. These balances are included in the figure for "Creditors and Accruals" in the accounts. Overdrawn balances are included in the figure for "Other Debtors".

20162015
££
 
R C Brown12001200
12001200

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