Company Registration No. 05278110 (England and Wales)
VNW Limited
Unaudited accounts
for the year ended 31 March 2018
VNW Limited
Unaudited accounts
Contents
VNW Limited
Company Information
for the year ended 31 March 2018
Company Number
05278110 (England and Wales)
Registered Office
70 DOWDESWELL CLOSE
LONDON
SW15 5RL
UNITED KINGDOM
Accountants
VNW Limited
70 Dowdeswell Close
London
SW15 5RL
VNW Limited
Statement of financial position
as at 31 March 2018
Tangible assets
6,560
4,933
Cash at bank and in hand
29,269
22,000
Creditors: amounts falling due within one year
(42,314)
(45,534)
Net current liabilities
(2,890)
(1,970)
Called up share capital
100
100
Profit and loss account
3,570
2,863
Shareholders' funds
3,670
2,963
For the year ending 31 March 2018 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 director acknowledges his 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.
Approved by the Board on 22 June 2018.
Vincent JK Lim
Director
Company Registration No. 05278110
VNW Limited
Notes to the Accounts
for the year ended 31 March 2018
VNW Limited is a private company, limited by shares, registered in England and Wales, registration number 05278110. The registered office is 70 DOWDESWELL CLOSE, LONDON, SW15 5RL, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2017
4,000
4,513
8,513
At 31 March 2018
4,000
7,890
11,890
At 1 April 2017
133
3,447
3,580
Charge for the year
800
950
1,750
At 31 March 2018
933
4,397
5,330
At 31 March 2018
3,067
3,493
6,560
At 31 March 2017
3,867
1,066
4,933
VNW Limited
Notes to the Accounts
for the year ended 31 March 2018
Trade debtors
10,030
20,770
Accrued income and prepayments
125
207
6
Creditors: amounts falling due within one year
2018
2017
Trade creditors
7,853
5,712
Taxes and social security
11,461
11,791
Loans from directors
22,059
19,000
7
Average number of employees
During the year the average number of employees was 2 (2017: 3).
