Victoria J. Brown Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06793489 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2018

for

VICTORIA J. BROWN LIMITED

PREVIOUSLY KNOWN AS

FARIS INTERNATIONAL LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

6

DIRECTOR:

Mrs V J Brown

REGISTERED OFFICE:

Fellows Hall

12 Brantingham Drive

Ingleby Barwick

Stockton on Tees

Cleveland

TS17 5LS

REGISTERED NUMBER:

06793489 (England and Wales)

ACCOUNTANTS:

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

FIXED ASSETS

Tangible assets

4

862

1,569

CURRENT ASSETS

Debtors

9,581

1,461

Cash at bank

630

38

10,211

1,499

CREDITORS

Amounts falling due within one year

33,784

36,152

NET CURRENT LIABILITIES

(23,573

)

(34,653

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(22,711

)

(33,084

)

CREDITORS

Amounts falling due after more than one year

-

(5,350

)

PROVISIONS FOR LIABILITIES

(57

)

-

NET LIABILITIES

(22,768

)

(38,434

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(22,769

)

(38,435

)

SHAREHOLDERS' FUNDS

(22,768

)

(38,434

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2018 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2018 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 director on 23rd January 2019 and were signed by:

Mrs V J Brown - Director

1.	STATUTORY INFORMATION

Victoria J. Brown 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared under the going concern basis of accounting. At the balance sheet

date the company's liabilities exceeded its assets by £22,768. The director has confirmed assistance will be

provided as required.

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.

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Grants received

Revenue grants receivable are released to the profit and loss account in the same period as the costs to which

they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 1 ).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2017

9,715

Disposals

(1,104

)

At 31st March 2018

8,611

DEPRECIATION

At 1st April 2017

8,146

Charge for year

393

Eliminated on disposal

(790

)

At 31st March 2018

7,749

NET BOOK VALUE

At 31st March 2018

862

At 31st March 2017

1,569

The following reproduces the text of the report prepared for the director 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 Director 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 Victoria J. Brown Limited for the year ended 31st March 2018 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Victoria J. Brown Limited in accordance with the terms of our engagement letter dated 21st February 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Victoria J. Brown Limited and state those matters that we have agreed to state to the director of Victoria J. Brown Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Victoria J. Brown 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 Victoria J. Brown Limited. You consider that Victoria J. Brown 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 Victoria J. Brown 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.

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

23rd January 2019