VLaw Limited - Limited company - abbreviated

REGISTERED NUMBER: 05342299 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2015

FOR

VLAW LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

O.C.R Brice

J Hilsdon

REGISTERED OFFICE:

2nd Floor

9 Savoy Street

London

WC2E 7EG

REGISTERED NUMBER:

05342299 (England and Wales)

FIXED ASSETS

Tangible assets

2

6,828

7,467

CURRENT ASSETS

Stocks

109,084

92,130

Debtors

108,363

146,679

Cash at bank

607,313

356,357

824,760

595,166

CREDITORS

Amounts falling due within one year

400,540

319,182

NET CURRENT ASSETS

424,220

275,984

TOTAL ASSETS LESS CURRENT
LIABILITIES

431,048

283,451

PROVISIONS FOR LIABILITIES

1,295

370

NET ASSETS

429,753

283,081

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

429,653

282,981

SHAREHOLDERS' FUNDS

429,753

283,081

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 16 July 2015 and were signed on its behalf by:

O.C.R Brice - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

10,960

Additions

896

At 30 April 2015

11,856

DEPRECIATION

At 1 May 2014

3,493

Charge for year

1,535

At 30 April 2015

5,028

NET BOOK VALUE

At 30 April 2015

6,828

At 30 April 2014

7,467

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

50

"A" Ordinary

£1

50

"B" Preferred

£1

50

100

VLaw Limited - Limited company - abbreviated - 11.6

VLaw Limited - Limited company - abbreviated - 11.6