Victoria Solutions Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04624804 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

Victoria Solutions Limited

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTOR:

Mr DJ Bayne

SECRETARY:

Mrs N Ogo

REGISTERED OFFICE:

Sentry House

110B Northgate Street

Bury St Edmunds

Suffolk

IP33 1HP

REGISTERED NUMBER:

04624804 (England and Wales)

ACCOUNTANTS:

Emsdens Limited

10 Ladbrook Close

Elmsett

Ipswich

Suffolk

IP7 6LD

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)

have been prepared.

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 Solutions Limited for the year ended 31 March 2016 which comprise the Profit and Loss

Account, the 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 Solutions Limited in accordance with the terms of our engagement letter dated 11 March 2010. Our work has been undertaken solely to prepare for your approval the financial statements of Victoria Solutions Limited and state those matters that we have agreed to state to the director of Victoria Solutions 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 Solutions 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 Solutions Limited. You consider that Victoria Solutions 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 Solutions 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.

Emsdens Limited

10 Ladbrook Close

Elmsett

Ipswich

Suffolk

IP7 6LD

5 August 2016

FIXED ASSETS

Intangible assets

2

534

712

Tangible assets

3

299,097

292,446

299,631

293,158

CURRENT ASSETS

Stocks

500

Debtors

398,814

235,549

Cash at bank

328,841

206,845

728,155

442,894

CREDITORS

Amounts falling due within one year

577,078

440,376

NET CURRENT ASSETS

151,077

2,518

TOTAL ASSETS LESS CURRENT
LIABILITIES

450,708

295,676

PROVISIONS FOR LIABILITIES

1,115

840

NET ASSETS

449,593

294,836

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

449,493

294,736

SHAREHOLDERS' FUNDS

449,593

294,836

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 5 August 2016 and were signed by:

Mr DJ Bayne - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Land and buildings

-

not provided

Plant and machinery etc

-

25% on reducing balance

Computer equipment - 25% 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.

Deferred tax

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

sheet date.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

5,528

AMORTISATION

At 1 April 2015

4,816

Amortisation for year

178

At 31 March 2016

4,994

NET BOOK VALUE

At 31 March 2016

534

At 31 March 2015

712

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

319,017

Additions

13,137

At 31 March 2016

332,154

DEPRECIATION

At 1 April 2015

26,571

Charge for year

6,486

At 31 March 2016

33,057

NET BOOK VALUE

At 31 March 2016

299,097

At 31 March 2015

292,446

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary shares

£1

100