Vilfred_Limited - Accounts

VILFRED LIMITED - Company Information

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Vilfred Limited

Unaudited Abbreviated Accounts

For the period ended 30 June 2016

Company Registration No. 09663673 (England and Wales)

Vilfred Limited

Contents

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

Vilfred Limited

Abbreviated Balance Sheet

As at 30 June 2016

Page 1

2016

Notes

Fixed assets

Tangible assets

666

Current assets

Debtors

5,990

Cash at bank and in hand

50,124

56,114

Creditors: amounts falling due within one year

(37,625)

Net current assets

18,489

Total assets less current liabilities

19,155

Capital and reserves

Called up share capital

Profit and loss account

19,154

Shareholders' funds

19,155

For the financial period ended 30 June 2016 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.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 28 March 2017

Ms A J Mackie

Director

Company Registration No. 09663673

Vilfred Limited

Notes to the Abbreviated Accounts

For the period ended 30 June 2016

Page 2

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

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

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

3 years straight line

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 30 June 2015

Additions

999

At 30 June 2016

999

Depreciation

At 30 June 2015

Charge for the period

333

At 30 June 2016

333

Net book value

At 30 June 2016

666

Vilfred Limited

Notes to the Abbreviated Accounts (Continued)

For the period ended 30 June 2016

Page 3

Share capital

2016

Allotted, called up and fully paid

1 Ordinary of £1 each

Control

The director is the ultimate controlling party by virtue of her shareholding.