Abbreviated Company Accounts - V4 SERVICES LIMITED

06574923 V4 SERVICES LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 06574923 2013-04-01 2014-03-31 06574923 2014-03-31 06574923 2013-03-31 06574923 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 06574923 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director3 2013-03-31 uk-gaap-cd-bus:Director4 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director4 2014-03-31 uk-gaap-cd-bus:Director4 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 06574923

V4 SERVICES LIMITED

Abbreviated Accounts

31 March 2014

V4 SERVICES LIMITED Registered Number 06574923

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	12,230	32,895
		12,230	32,895
Current assets
Debtors	3	1,547,107	1,196,214
Cash at bank and in hand		98,279	64,125
		1,645,386	1,260,339
Creditors: amounts falling due within one year		(931,530)	(908,709)
Net current assets (liabilities)		713,856	351,630
Total assets less current liabilities		726,086	384,525
Provisions for liabilities		(2,184)	(6,799)
Total net assets (liabilities)		723,902	377,726
Capital and reserves
Called up share capital	4	75	75
Other reserves		25	25
Profit and loss account		723,802	377,626
Shareholders' funds		723,902	377,726

For the year ending 31 March 2014 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 23 December 2014

And signed on their behalf by:
P D Tonks, Director

V4 SERVICES LIMITED Registered Number 06574923

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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
Turnover represents the value of management consultancy and other services supplied and disbursements recoverable during the period, excluding VAT

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33.33% on cost

Other accounting policies
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

2Tangible fixed assets

	£
Cost
At 1 April 2013	77,769
Additions	1,830
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	79,599
Depreciation
At 1 April 2013	44,874
Charge for the year	22,495
On disposals	-
At 31 March 2014	67,369
Net book values
At 31 March 2014	12,230
At 31 March 2013	32,895

3Debtors

	2014 £	2013 £
Debtors include the following amounts due after more than one year	240,000	0

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
75,000 Ordinary shares of £0.001 each	75	75

ULTIMATE PARENT COMPANY
V4 Holdings Limited is regarded by the directors as being the company's ultimate parent company.

5Transactions with directors

Name of director receiving advance or credit:	P D Tonks
Description of the transaction:	Loan to director
Balance at 1 April 2013:	£ 16,583
Advances or credits made:	£ 17,301
Advances or credits repaid:	£ 16,583
Balance at 31 March 2014:	£ 17,301

Name of director receiving advance or credit:	A J Jacobs
Description of the transaction:	Loan to directo
Balance at 1 April 2013:	-
Advances or credits made:	£ 13,319
Advances or credits repaid:	-
Balance at 31 March 2014:	£ 13,319

The loans bear interest at 4% and were both repaid in December 2014.