THE VIRTUALISTS LIMITED Accounts filed on 31-03-2014

THE VIRTUALISTS LIMITED Accounts filed on 31-03-2014

THE VIRTUALISTS LIMITED - Company Information

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false true true true 2013-04-01 2014-03-31 2014-03-31 AGH Services ltd Owned by a director, G Haederle and his wife P Haederle Property site services true 03105699 2013-04-01 2014-03-31 03105699 2012-04-01 2013-03-31 03105699 2014-03-31 03105699 2013-03-31 03105699 2013-03-31 03105699 2012-03-31 03105699 uk-bus:Director1 2013-04-01 2014-03-31 03105699 uk-bus:Director1 2013-04-01 03105699 uk-bus:Director1 2014-03-31 03105699 uk-bus:Director2 2013-04-01 2014-03-31 03105699 uk-bus:Director2 2013-04-01 03105699 uk-bus:Director2 2014-03-31 03105699 uk-bus:CompanySecretary 2013-04-01 2014-03-31 03105699 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-04-01 2014-03-31 03105699 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2012-04-01 2013-03-31 03105699 uk-gaap:LeasedTangibleFixedAssets 2013-04-01 2014-03-31 03105699 uk-gaap:LeasedTangibleFixedAssets 2012-04-01 2013-03-31 03105699 uk-gaap:NetGoodwill 2013-04-01 2014-03-31 03105699 uk-gaap:NetGoodwill 2012-04-01 2013-03-31 03105699 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-04-01 2014-03-31 03105699 uk-gaap:IntangibleAssetsOtherThanGoodwill 2012-04-01 2013-03-31 03105699 uk-bus:AllEntityOfficers 2013-04-01 2014-03-31 03105699 uk-bus:AllEntityOfficers 2012-04-01 2013-03-31 03105699 uk-bus:AllOrdinaryShares 2013-04-01 2014-03-31 03105699 uk-bus:AllOrdinaryShares 2014-03-31 03105699 uk-bus:AllOrdinaryShares 2012-04-01 2013-03-31 03105699 uk-bus:AllOrdinaryShares 2013-03-31 03105699 uk-bus:AllPreferenceShares 2013-04-01 2014-03-31 03105699 uk-bus:AllPreferenceShares 2014-03-31 03105699 uk-bus:AllPreferenceShares 2012-04-01 2013-03-31 03105699 uk-bus:AllPreferenceShares 2013-03-31 03105699 uk-gaap:NetGoodwill 2014-03-31 03105699 uk-gaap:NetGoodwill 2013-03-31 03105699 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-03-31 03105699 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-03-31 03105699 uk-gaap:LandBuildings 2014-03-31 03105699 uk-gaap:LandBuildings 2013-04-01 2014-03-31 03105699 uk-gaap:LandBuildings 2013-03-31 03105699 uk-gaap:PlantMachinery 2014-03-31 03105699 uk-gaap:PlantMachinery 2013-04-01 2014-03-31 03105699 uk-gaap:PlantMachinery 2013-03-31 03105699 uk-gaap:FixturesFittings 2014-03-31 03105699 uk-gaap:FixturesFittings 2013-04-01 2014-03-31 03105699 uk-gaap:FixturesFittings 2013-03-31 03105699 uk-gaap:MotorVehicles 2014-03-31 03105699 uk-gaap:MotorVehicles 2013-04-01 2014-03-31 03105699 uk-gaap:MotorVehicles 2013-03-31 03105699 uk-gaap:OfficeEquipment 2014-03-31 03105699 uk-gaap:OfficeEquipment 2013-04-01 2014-03-31 03105699 uk-gaap:OfficeEquipment 2013-03-31 03105699 uk-bus:RegisteredOffice 2013-04-01 2014-03-31 03105699 uk-gaap:WithinOneYear 2014-03-31 03105699 uk-gaap:WithinOneYear 2013-03-31 03105699 uk-gaap:AfterOneYear 2014-03-31 03105699 uk-gaap:AfterOneYear 2013-03-31 03105699 uk-gaap:BetweenOneFiveYears 2014-03-31 03105699 uk-gaap:BetweenOneFiveYears 2013-03-31 03105699 uk-gaap:MoreThanFiveYears 2014-03-31 03105699 uk-gaap:MoreThanFiveYears 2013-03-31 iso4217:GBP xbrli:pure xbrli:shares

THE VIRTUALISTS LIMITED




Company Registration Number:
03105699 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st April 2013

End date: 31st March 2014

SUBMITTED

THE VIRTUALISTS LIMITED

Company Information
for the Period Ended 31st March 2014




Director: A G Haederle
D B Withington
Company secretary: P Haederle
Registered office: 9 Grassy Lane
Maidenhead
Berkshire
SL6 6AU
Company Registration Number: 03105699 (England and Wales)

THE VIRTUALISTS LIMITED

Abbreviated Balance sheet
As at 31st March 2014

Notes 2014
£		 2013
£
Fixed assets
Tangible assets: 2 864,611 850,000
Total fixed assets: 864,611 850,000
Current assets
Cash at bank and in hand: 27,908 64,411
Total current assets: 27,908 64,411
Creditors
Creditors: amounts falling due within one year 3 22,509 11,993
Net current assets (liabilities): 5,399 52,418
Total assets less current liabilities: 870,010 902,418
Provision for liabilities: 4 5,000 5,000
Total net assets (liabilities): 865,010 897,418

The notes form part of these financial statements

THE VIRTUALISTS LIMITED

Abbreviated Balance sheet
As at 31st March 2014
continued

Notes 2014
£		 2013
£
Capital and reserves
Called up share capital: 5 40,000 40,000
Revaluation reserve: 420,661 420,661
Profit and Loss account: 404,349 436,757
Total shareholders funds: 865,010 897,418

For the year ending 31 March 2014 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 01 December 2014

SIGNED ON BEHALF OF THE BOARD BY:

Name: A G Haederle
Status: Director

The notes form part of these financial statements

THE VIRTUALISTS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The Financial Statements have been prepared under the historical cost convention, modified to include the revaluation of freehold land and buildings and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

    Turnover policy

    Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost of valuation less estimated residual value of each asset over its expected useful life, as follows: Fixtures, fittings & equipment 20% per annum reducing balance basis Investment properties are included in the balance sheet at their open market value. Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified

THE VIRTUALISTS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

  • 2. Tangible assets

    Total
    Cost £
    At 01st April 2013: 875,621
    Additions: 14,859
    At 31st March 2014: 890,480
    Depreciation
    At 01st April 2013: 25,621
    Charge for year: 248
    At 31st March 2014: 25,869
    Net book value
    At 31st March 2014: 864,611
    At 31st March 2013: 850,000

THE VIRTUALISTS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

  • 3. Creditors: amounts falling due within one year

    Creditors due within one year represent trade creditors and accruals

THE VIRTUALISTS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period 2013
    Class Number of shares Nominal value per share Total
    Ordinary shares: 40,000 1.00
    1.00
    		40,000
    Total share capital: 40,000
    Current period 2014
    Class Number of shares Nominal value per share Total
    Ordinary shares: 40,000 1.00
    1.00
    		40,000
    Total share capital: 40,000

THE VIRTUALISTS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

  • 8. Related party disclosures

    Name of related party: AGH Services ltd
    Relationship: Owned by a director, G Haederle and his wife P Haederle
    Description of the transaction: Property site services
    Balance at 01st April 2013 5,500
    Balance at 31st March 2014 13,000

    During the year, the company received charges of £13,000 from AGH Services Ltd, (2013 - £12,500), a company owned by a Director, G Haederle and his wife Mrs P Haederle in respect of accountancy and property maintenance services.