Company Registration No. 14212940 (England and Wales)
Vital Homes Management Ltd
Unaudited accounts
for the period from 4 July 2022 to 31 December 2023
Vital Homes Management Ltd
Unaudited accounts
Contents
Vital Homes Management Ltd
Company Information
for the period from 4 July 2022 to 31 December 2023
Directors
James Stephen Philip Levy
Elena Pashevkina
Company Number
14212940 (England and Wales)
Registered Office
20 Rowsley Avenue
London
NW4 1AJ
England
Accountants
Bell Howley Perrotton LLP
53 Davies Street
Mayfair
London
W1K 5JH
Vital Homes Management Ltd
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
27
Creditors: amounts falling due within one year
(338)
Total assets less current liabilities
2,103
Creditors: amounts falling due after more than one year
(10,424)
Profit and loss account
(8,322)
Shareholders' funds
(8,321)
For the period ending 31 December 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 4 April 2024 and were signed on its behalf by
James Stephen Philip Levy
Director
Company Registration No. 14212940
Vital Homes Management Ltd
Notes to the Accounts
for the period from 4 July 2022 to 31 December 2023
Vital Homes Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 14212940. The registered office is 20 Rowsley Avenue, London, NW4 1AJ, 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 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Amounts falling due within one year
Accrued income and prepayments
178
5
Creditors: amounts falling due within one year
2023
Vital Homes Management Ltd
Notes to the Accounts
for the period from 4 July 2022 to 31 December 2023
6
Creditors: amounts falling due after more than one year
2023
Amounts owed to group undertakings and other participating interests
10,424
Tax losses carried forward
(2,118)
Credited to the profit and loss account
(2,118)
Provision at end of period
(2,118)
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
9
Transactions with related parties
At the balance sheet date the company owed £10,424 to Vital Homes Group Ltd.
The immediate and ultimate controlling party is Vital Homes Group Ltd.
11
Average number of employees
During the period the average number of employees was 2.