Company Registration No. 13484356 (England and Wales)
VMSS Investments Limited
Unaudited accounts
for the year ended 30 June 2023
VMSS Investments Limited
Unaudited accounts
Contents
VMSS Investments Limited
Company Information
for the year ended 30 June 2023
Directors
Mr Sunil Lalji Dharamshi Shah
Mrs Varsha Sunil Shah
Company Number
13484356 (England and Wales)
Registered Office
549 Pinner Road
Harrow
Middlesex
HA2 6EQ
England
VMSS Investments Limited
Statement of financial position
as at 30 June 2023
Investments
719,169
719,169
Cash at bank and in hand
9,886
8,773
Creditors: amounts falling due within one year
(247,071)
(240,832)
Net current liabilities
(237,185)
(232,059)
Total assets less current liabilities
481,984
487,110
Creditors: amounts falling due after more than one year
(467,042)
(481,308)
Called up share capital
100
100
Profit and loss account
14,842
5,702
Shareholders' funds
14,942
5,802
For the year ending 30 June 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 11 March 2023 and were signed on its behalf by
Mrs Varsha Sunil Shah
Director
Company Registration No. 13484356
VMSS Investments Limited
Notes to the Accounts
for the year ended 30 June 2023
VMSS Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 13484356. The registered office is 549 Pinner Road, Harrow, Middlesex, HA2 6EQ, 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.
These financial statements for the year ended 30 June 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 29 June 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Investments
Other investments
Valuation at 1 July 2022
719,169
Valuation at 30 June 2023
719,169
5
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
223,051
224,802
Taxes and social security
2,488
1,345
Other creditors
15,672
9,930
Loans from directors
5,160
4,355
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
467,042
481,308
The bank loans are secured by way of a first charge over the investment property and contains a negative pledge.
VMSS Investments Limited
Notes to the Accounts
for the year ended 30 June 2023
7
Transactions with related parties
Included in creditors, is an amount of £223,051 (2022: £224,802) due to companies in which the directors have an interest. The loan is interest free and payable on demand.
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).