Company Registration No. 12463624 (England and Wales)
VRRE Limited
Unaudited accounts
for the year ended 28 February 2023
VRRE Limited
Unaudited accounts
Contents
VRRE Limited
Company Information
for the year ended 28 February 2023
Company Number
12463624 (England and Wales)
Registered Office
20 North Audley Street
London
W1K 6LX
United Kingdom
VRRE Limited
Statement of financial position
as at 28 February 2023
Tangible assets
120,726
126,970
Cash at bank and in hand
48,523
35,097
Creditors: amounts falling due within one year
-
(105)
Net current assets
51,194
37,348
Total assets less current liabilities
2,234,955
164,318
Creditors: amounts falling due after more than one year
(2,286,984)
(167,832)
Net liabilities
(52,029)
(3,514)
Called up share capital
100
100
Profit and loss account
(52,129)
(3,614)
Shareholders' funds
(52,029)
(3,514)
For the year ending 28 February 2023 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 15 November 2023 and were signed on its behalf by
Stefano Romanin
Director
Company Registration No. 12463624
VRRE Limited
Notes to the Accounts
for the year ended 28 February 2023
VRRE Limited is a private company, limited by shares, registered in England and Wales, registration number 12463624. The registered office is 20 North Audley Street, London, W1K 6LX, United Kingdom.
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.
The financial statements have been prepared on the going concern basis which assumes that the company will be able to continue trading for the foreseeable future. The director, having made reasonable enquiries, has determined that agreements in place will ensure that the business has the required resources to continue trading for the foreseeable future.
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:
Land & buildings
Over the life of the underlying lease asset
4
Tangible fixed assets
Land & buildings
At 28 February 2023
139,458
At 28 February 2023
18,732
At 28 February 2023
120,726
At 28 February 2022
126,970
VRRE Limited
Notes to the Accounts
for the year ended 28 February 2023
5
Investments
Other investments
Valuation at 1 March 2022
-
Valuation at 28 February 2023
2,063,035
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
105
8
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
2,286,984
167,832
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).