Registered Number 06235607

VIRTUAL CONSTRUCT LIMITED

Abbreviated Accounts

31 May 2012

VIRTUAL CONSTRUCT LIMITED Registered Number 06235607

Abbreviated Balance Sheet as at 31 May 2012

Notes 2012 2011
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 675 900
Investments - -
675 900
Current assets
Stocks - -
Debtors - 8,969
Investments - -
Cash at bank and in hand 4 7
4 8,976
Prepayments and accrued income - -
Creditors: amounts falling due within one year (5,909) (9,650)
Net current assets (liabilities) (5,905) (674)
Total assets less current liabilities (5,230) 226
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) (5,230) 226
Capital and reserves
Called up share capital 1 1
Profit and loss account (5,231) 225
Shareholders' funds (5,230) 226
  • For the year ending 31 May 2012 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 February 2013

And signed on their behalf by:
B DAVIES, Director

VIRTUAL CONSTRUCT LIMITED Registered Number 06235607

Notes to the Abbreviated Accounts for the period ended 31 May 2012

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

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

Plant and machinery etc. - 25% on reducing balance

2Tangible fixed assets
£
Cost
At 1 June 2011 2,059
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 May 2012 2,059
Depreciation
At 1 June 2011 1,159
Charge for the year 225
On disposals 0
At 31 May 2012 1,384
Net book values
At 31 May 2012 675
At 31 May 2011 900