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
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
VITAL INVESTMENTS AND PROPERTIES LIMITED
Statement of financial position
as at 28 February 2023
Tangible assets
325,000
310,000
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)
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
VITAL INVESTMENTS AND PROPERTIES LIMITED
Notes to the Accounts
for the year ended 28 February 2023
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.
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.
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 28 February 2023
325,000
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
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
Obligations under finance leases and hire purchase contracts
201,296
201,296
Other creditors
2,318
3,002
7
Average number of employees
During the year the average number of employees was 1 (2022: 0).