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REGISTERED NUMBER: 13643900 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

VIP Investments (Ashford) Ltd

VIP Investments (Ashford) Ltd (Registered number: 13643900)






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


VIP Investments (Ashford) Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: D T Andrews





REGISTERED OFFICE: Frog Lane
Off Marsh Way
Rainham
Essex
RM13 8UG





REGISTERED NUMBER: 13643900 (England and Wales)





ACCOUNTANTS: CWF & Partners Ltd
Chartered Accountants
67 Westow Street
Upper Norwood
London
SE19 3RW

VIP Investments (Ashford) Ltd (Registered number: 13643900)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 3,670,937 3,670,937

CURRENT ASSETS
Debtors 6 6,095 22,088
Cash at bank 890 2,935
6,985 25,023
CREDITORS
Amounts falling due within one year 7 3,746,296 3,691,738
NET CURRENT LIABILITIES (3,739,311 ) (3,666,715 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(68,374

)

4,222

CAPITAL AND RESERVES
Called up share capital 8 6 6
Retained earnings (68,380 ) 4,216
SHAREHOLDERS' FUNDS (68,374 ) 4,222

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 November 2023 and were signed by:





D T Andrews - Director


VIP Investments (Ashford) Ltd (Registered number: 13643900)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

VIP Investments (Ashford) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared under the going concern basis assuming the continued support of its director and related companies.

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

Investment property
Investment property is shown at cost. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.The director believes that the fair value equates to cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

4. EMPLOYEES AND DIRECTORS

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

5. INVESTMENT PROPERTY
Total
£   
COST
At 1 April 2022
and 31 March 2023 3,670,937
NET BOOK VALUE
At 31 March 2023 3,670,937
At 31 March 2022 3,670,937

VIP Investments (Ashford) Ltd (Registered number: 13643900)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors - 15,600
Other debtors 6,095 6,488
6,095 22,088

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 36,806 41,970
Taxation and social security 1,096 1,071
Other creditors 3,708,394 3,648,697
3,746,296 3,691,738

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
6 Share capital 1 £1 6 6