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Company Registration No. 12456749 (England and Wales)
VITAL INVESTMENTS AND PROPERTIES LIMITED Unaudited accounts for the year ended 28 February 2023
VITAL INVESTMENTS AND PROPERTIES LIMITED Unaudited accounts Contents
Page
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VITAL INVESTMENTS AND PROPERTIES LIMITED Company Information for the year ended 28 February 2023
Directors
Ms Vidhi Patel Ms Hetal Naresh Savalia Ms Hiral Alpeshkumar Shah
Company Number
12456749 (England and Wales)
Registered Office
130 PRESTWICK ROAD WATFORD WD19 6LA ENGLAND
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VITAL INVESTMENTS AND PROPERTIES LIMITED Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
325,000 
310,000 
Current assets
Cash at bank and in hand
9,700 
11,587 
Creditors: amounts falling due within one year
(58,569)
(55,178)
Net current liabilities
(48,869)
(43,591)
Total assets less current liabilities
276,131 
266,409 
Creditors: amounts falling due after more than one year
(238,458)
(248,788)
Net assets
37,673 
17,621 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
37,670 
17,618 
Shareholders' funds
37,673 
17,621 
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 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 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 of Directors and authorised for issue on 27 November 2023 and were signed on its behalf by
Ms Hiral Alpeshkumar Shah Director Company Registration No. 12456749
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VITAL INVESTMENTS AND PROPERTIES LIMITED Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
VITAL INVESTMENTS AND PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12456749. The registered office is 130 PRESTWICK ROAD, WATFORD, WD19 6LA, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At valuation 
At 1 March 2022
310,000 
Revaluations
15,000 
At 28 February 2023
325,000 
Depreciation
At 28 February 2023
- 
Net book value
At 28 February 2023
325,000 
At 28 February 2022
310,000 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
39 
- 
Loans from directors
58,380 
54,878 
Accruals
150 
300 
58,569 
55,178 
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VITAL INVESTMENTS AND PROPERTIES LIMITED Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
34,844 
44,490 
Obligations under finance leases and hire purchase contracts
201,296 
201,296 
Other creditors
2,318 
3,002 
238,458 
248,788 
7
Average number of employees
During the year the average number of employees was 1 (2022: 0).
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