Vustler Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 06022051 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

VUSTLER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Miss E J Blake

REGISTERED OFFICE:

C/O Gordon Wood Scott & Partners Limited

Dean House

94 Whiteladies Road

Clifton

Bristol

BS8 2QX

REGISTERED NUMBER:

06022051 (England and Wales)

ACCOUNTANTS:

Gordon Wood Scott & Partners Limited

Chartered Accountants

Dean House

94 Whiteladies Road

Clifton

Bristol

BS8 2QX

FIXED ASSETS

Tangible assets

4

307

-

CURRENT ASSETS

Debtors

5

4,730

1,235

Cash at bank

60,952

40,041

65,682

41,276

CREDITORS

Amounts falling due within one year

6

16,403

14,661

NET CURRENT ASSETS

49,279

26,615

TOTAL ASSETS LESS CURRENT LIABILITIES

49,586

26,615

PROVISIONS FOR LIABILITIES

55

-

NET ASSETS

49,531

26,615

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

49,529

26,613

SHAREHOLDERS' FUNDS

49,531

26,615

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director on 4 July 2017 and were signed by:

Miss E J Blake - Director

1.	STATUTORY INFORMATION

Vustler Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account,

except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

409

At 31 March 2017

409

DEPRECIATION

Charge for year

102

At 31 March 2017

102

NET BOOK VALUE

At 31 March 2017

307

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

4,730

-

Prepayments and accrued income

-

1,235

4,730

1,235

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Tax

9,916

9,157

Social security and other taxes

-

23

VAT

5,177

969

Directors' loan accounts

1,310

4,512

16,403

14,661

7.	FIRST YEAR ADOPTION

The company has adopted FRS 102 Section 1a for the year ended 31 March 2017, no adjustments have been

required to the comparative prior year amounts.

Accordingly, there are no changes in equity at 1 April 2015 (the date of transition to FRS 102 Section 1a) or at

31 March 2016 being the end of the last annual financial statements determined in accordance with the previous

financial reporting framework.

Similarly, there are no changes in the profit determined in accordance with the previous reporting framework for

the year ended 31 March 2015 to the profit determined in accordance with FRS 102 Section 1a for the same

period.