IRIS Accounts Production v23.3.0.418 06811391 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure068113912022-03-31068113912023-03-31068113912022-04-012023-03-31068113912021-03-31068113912021-04-012022-03-31068113912022-03-3106811391ns16:EnglandWales2022-04-012023-03-3106811391ns15:PoundSterling2022-04-012023-03-3106811391ns11:Director12022-04-012023-03-3106811391ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3106811391ns11:SmallEntities2022-04-012023-03-3106811391ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3106811391ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3106811391ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3106811391ns11:FullAccounts2022-04-012023-03-3106811391ns11:OrdinaryShareClass12022-04-012023-03-3106811391ns11:Director22022-04-012023-03-3106811391ns11:RegisteredOffice2022-04-012023-03-3106811391ns6:CurrentFinancialInstruments2023-03-3106811391ns6:CurrentFinancialInstruments2022-03-3106811391ns6:ShareCapital2023-03-3106811391ns6:ShareCapital2022-03-3106811391ns6:RetainedEarningsAccumulatedLosses2023-03-3106811391ns6:RetainedEarningsAccumulatedLosses2022-03-3106811391ns6:LandBuildings2022-04-012023-03-3106811391ns6:PlantMachinery2022-04-012023-03-3106811391ns6:LandBuildings2022-03-3106811391ns6:LeaseholdImprovements2022-03-3106811391ns6:PlantMachinery2022-03-3106811391ns6:FurnitureFittings2022-03-3106811391ns6:LeaseholdImprovements2022-04-012023-03-3106811391ns6:FurnitureFittings2022-04-012023-03-3106811391ns6:LandBuildings2023-03-3106811391ns6:LeaseholdImprovements2023-03-3106811391ns6:PlantMachinery2023-03-3106811391ns6:FurnitureFittings2023-03-3106811391ns6:LandBuildings2022-03-3106811391ns6:LeaseholdImprovements2022-03-3106811391ns6:PlantMachinery2022-03-3106811391ns6:FurnitureFittings2022-03-3106811391ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3106811391ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3106811391ns11:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 06811391 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

VIEWPOINT ESTATES LIMITED

VIEWPOINT ESTATES LIMITED (REGISTERED NUMBER: 06811391)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VIEWPOINT ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr T Tsirtsipis
Mr D A Liveras





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 06811391 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certifed Accountants
Solar House
282 Chase Road
London
N14 6NZ

VIEWPOINT ESTATES LIMITED (REGISTERED NUMBER: 06811391)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,792,866 1,795,508

CURRENT ASSETS
Debtors 5 228,795 183,948
Cash at bank and in hand 4,275 27,127
233,070 211,075
CREDITORS
Amounts falling due within one year 6 1,451,532 1,461,086
NET CURRENT LIABILITIES (1,218,462 ) (1,250,011 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

574,404

545,497

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 573,404 544,497
SHAREHOLDERS' FUNDS 574,404 545,497

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 November 2023 and were signed on its behalf by:




Mr T Tsirtsipis - Director


VIEWPOINT ESTATES LIMITED (REGISTERED NUMBER: 06811391)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Viewpoint Estates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - 15% on reducing balance, 10% on reducing balance and not provided

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

VIEWPOINT ESTATES LIMITED (REGISTERED NUMBER: 06811391)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to Plant and and
property property machinery fittings Totals
£    £    £    £    £   
COST
At 1 April 2022 13,325 1,740,127 105,653 11,907 1,871,012
Additions - - 1,960 - 1,960
At 31 March 2023 13,325 1,740,127 107,613 11,907 1,872,972
DEPRECIATION
At 1 April 2022 - - 67,593 7,911 75,504
Charge for year - - 4,002 600 4,602
At 31 March 2023 - - 71,595 8,511 80,106
NET BOOK VALUE
At 31 March 2023 13,325 1,740,127 36,018 3,396 1,792,866
At 31 March 2022 13,325 1,740,127 38,060 3,996 1,795,508

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 52,612 77,026
Related company 176,183 106,922
228,795 183,948

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 1,035,578 1,127,088
Tenants deposits 9,105 10,305
Tax 50,622 51,463
VAT 2,524 12,327
Other creditors 343,703 237,903
Accrued expenses 10,000 22,000
1,451,532 1,461,086

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1,000 Ordinary 1 1,000 1,000