REGISTERED NUMBER: |
VERO LIMITED |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2013 |
REGISTERED NUMBER: |
VERO LIMITED |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2013 |
VERO LIMITED (REGISTERED NUMBER: 00594688) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2013 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
VERO LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 AUGUST 2013 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
BANKERS: |
VERO LIMITED (REGISTERED NUMBER: 00594688) |
ABBREVIATED BALANCE SHEET |
31 AUGUST 2013 |
2013 | 2012 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Revaluation reserve |
Capital redemption reserve |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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. |
VERO LIMITED (REGISTERED NUMBER: 00594688) |
ABBREVIATED BALANCE SHEET - continued |
31 AUGUST 2013 |
The financial statements were approved by the director on |
VERO LIMITED (REGISTERED NUMBER: 00594688) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2013 |
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 amounts receivable for services, net of value added tax. |
Tangible fixed assets |
Freehold property | - |
Improvements to property | - |
Plant and machinery | - |
Motor vehicles | - |
Computer equipment | - |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over |
the period of the lease. |
Leased assets |
Assets sold to customers under hire purchase contracts are excluded from the fixed assets of the |
company and reported in the balance sheet as debtors due within or after one year for the amount |
expected to be received from those contracts. Receipts from hire purchase contracts contain a capital |
element which reduces the debtor, and an interest charge which is credited to revenue so as to give a |
constant return on funds invested in the contracts. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 September 2012 |
Additions |
At 31 August 2013 |
DEPRECIATION |
At 1 September 2012 |
Charge for year |
At 31 August 2013 |
NET BOOK VALUE |
At 31 August 2013 |
At 31 August 2012 |
VERO LIMITED (REGISTERED NUMBER: 00594688) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2013 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2013 | 2012 |
value: | £ | £ |
Ordinary A | £1 |
4. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended 31 August 2013 and |
31 August 2012: |
2013 | 2012 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Balance outstanding at end of year |
5. | RELATED PARTY DISCLOSURES |
Included within debtors is a loan of £107,436 (2012: £100,550) due from Mrs B L Verdon-Roe deceased. |
6. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is Miss V C Verdon-Roe. |