Company Registration No. 08162718 (England and Wales)
VERO WAFFLE & GELATO LTD
Unaudited accounts
for the year ended 31 July 2020
VERO WAFFLE & GELATO LTD
Unaudited accounts
Contents
VERO WAFFLE & GELATO LTD
Company Information
for the year ended 31 July 2020
Director
Piotr Maksymilian CZARNECKI
Company Number
08162718 (England and Wales)
Registered Office
1 UNION STREET
ALDERSHOT
HAMPSHIRE
GU11 1EG
ENGLAND
Accountants
J.Joseph & Co
1a The Bridge
Uxbridge Road
London
W5 3LB
VERO WAFFLE & GELATO LTD
Statement of financial position
as at
31 July 2020
Tangible assets
8,292
10,216
Cash at bank and in hand
2,896
5,051
Creditors: amounts falling due within one year
(9,249)
(5,271)
Net current (liabilities)/assets
(5,032)
365
Called up share capital
1
1
Profit and loss account
3,259
10,580
Shareholders' funds
3,260
10,581
For the year ending 31 July 2020 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 July 2021 and were signed on its behalf by
Piotr Maksymilian CZARNECKI
Director
Company Registration No. 08162718
VERO WAFFLE & GELATO LTD
Notes to the Accounts
for the year ended 31 July 2020
VERO WAFFLE & GELATO LTD is a private company, limited by shares, registered in England and Wales, registration number 08162718. The registered office is 1 UNION STREET , ALDERSHOT , HAMPSHIRE, GU11 1EG, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per Annum - Reducing Balance Method
Fixtures & fittings
10% per Annum - Reducing Balance Method
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2019
36,435
6,155
42,590
At 31 July 2020
36,486
6,238
42,724
At 1 August 2019
29,523
2,851
32,374
Charge for the year
1,728
330
2,058
At 31 July 2020
31,251
3,181
34,432
At 31 July 2020
5,235
3,057
8,292
At 31 July 2019
6,912
3,304
10,216
5
Debtors: amounts falling due within one year
2020
2019
VERO WAFFLE & GELATO LTD
Notes to the Accounts
for the year ended 31 July 2020
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
-
224
Taxes and social security
335
2,281
Loans from directors
3,720
1,252
7
Average number of employees
During the year the average number of employees was 3 (2019: 3).