VIN-X Limited - Accounts to registrar (filleted) - small 17.3

VIN-X Limited - Accounts to registrar (filleted) - small 17.3

VIN-X LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v17.3.1.106 02402428 Board of Directors 1.4.16 31.3.17 31.3.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure024024282016-03-31024024282017-03-31024024282016-04-012017-03-31024024282015-03-31024024282015-04-012016-03-31024024282016-03-3102402428ns15:EnglandWales2016-04-012017-03-3102402428ns14:PoundSterling2016-04-012017-03-3102402428ns10:Director12016-04-012017-03-3102402428ns10:PrivateLimitedCompanyLtd2016-04-012017-03-3102402428ns10:SmallEntities2016-04-012017-03-3102402428ns10:AuditExemptWithAccountantsReport2016-04-012017-03-3102402428ns10:SmallCompaniesRegimeForDirectorsReport2016-04-012017-03-3102402428ns10:SmallCompaniesRegimeForAccounts2016-04-012017-03-3102402428ns10:AbridgedAccounts2016-04-012017-03-3102402428ns10:Director22016-04-012017-03-3102402428ns10:RegisteredOffice2016-04-012017-03-3102402428ns5:CurrentFinancialInstruments2017-03-3102402428ns5:CurrentFinancialInstruments2016-03-3102402428ns5:ShareCapital2017-03-3102402428ns5:ShareCapital2016-03-3102402428ns5:RetainedEarningsAccumulatedLosses2017-03-3102402428ns5:RetainedEarningsAccumulatedLosses2016-03-3102402428ns5:PlantMachinery2016-04-012017-03-31


REGISTERED NUMBER: 02402428 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

VIN-X LIMITED
VIN-X LIMITED (REGISTERED NUMBER: 02402428)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017




Page

Company Information 1

Chartered Accountants' Report 2

Abridged Balance Sheet 3

Notes to the Financial Statements 4


VIN-X LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2017







DIRECTORS: P. R. Shakeshaft
A S Healey





REGISTERED OFFICE: 4-10 Barttelot Road
Horsham
West Sussex
RH12 1DQ





REGISTERED NUMBER: 02402428 (England and Wales)





ACCOUNTANTS: D A CLARK & CO. LTD.
Bailey House
4-10 Barttelot Road
Horsham
West Sussex
RH12 1DQ
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
VIN-X LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary
statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of VIN-X Limited for the year ended 31 March 2017 which comprise the Abridged Income
Statement, Abridged Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

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

It is your duty to ensure that VIN-X Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of VIN-X Limited. You consider that VIN-X 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 financial statements of VIN-X 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 financial statements.






D A CLARK & CO. LTD.
Bailey House
4-10 Barttelot Road
Horsham
West Sussex
RH12 1DQ


21 December 2017

This page does not form part of the statutory financial statements

Page 2
VIN-X LIMITED (REGISTERED NUMBER: 02402428)

ABRIDGED BALANCE SHEET
31 MARCH 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,047 5,399

CURRENT ASSETS
Stocks 176,747 157,192
Debtors 446,203 510,003
Cash at bank and in hand 191,109 178,141
814,059 845,336
CREDITORS
Amounts falling due within one year 702,519 788,461
NET CURRENT ASSETS 111,540 56,875
TOTAL ASSETS LESS CURRENT
LIABILITIES
113,587
62,274

CAPITAL AND RESERVES
Called up share capital 150,015 150,015
Retained earnings (36,428 ) (87,741 )
SHAREHOLDERS' FUNDS 113,587 62,274

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 directors acknowledge their 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 21 December 2017 and were signed on its behalf
by:



P. R. Shakeshaft - Director


The notes form part of these financial statements

Page 3
VIN-X LIMITED (REGISTERED NUMBER: 02402428)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017

1. STATUTORY INFORMATION

VIN-X 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.

Preparation of consolidated financial statements
The financial statements contain information about VIN-X Limited as an individual company and do not contain
consolidated financial information as the parent of a group. The company has taken the option under Section 398
of the Companies Act 2006 not to prepare consolidated financial statements.

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 each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 .

Page 4 continued...
VIN-X LIMITED (REGISTERED NUMBER: 02402428)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2016
and 31 March 2017 33,000
DEPRECIATION
At 1 April 2016 27,601
Charge for year 3,352
At 31 March 2017 30,953
NET BOOK VALUE
At 31 March 2017 2,047
At 31 March 2016 5,399

5. ULTIMATE CONTROLLING PARTY

The controlling party is P. R. Shakeshaft.

Page 5