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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
Page
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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
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Vital Homes Management Ltd Statement of financial position as at 31 December 2023
2023 
Notes
£ 
Current assets
Debtors
2,414 
Cash at bank and in hand
27 
2,441 
Creditors: amounts falling due within one year
(338)
Net current assets
2,103 
Total assets less current liabilities
2,103 
Creditors: amounts falling due after more than one year
(10,424)
Net liabilities
(8,321)
Capital and reserves
Called up share capital
1 
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
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Vital Homes Management Ltd Notes to the Accounts for the period from 4 July 2022 to 31 December 2023
1
Statutory information
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.
3
Accounting policies
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.
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.
Turnover
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 taxation
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.
4
Debtors
2023 
£ 
Amounts falling due within one year
VAT
118 
Deferred tax asset
2,118 
Accrued income and prepayments
178 
2,414 
5
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
338 
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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 
7
Deferred taxation
2023 
£ 
Tax losses carried forward
(2,118)
2023 
£ 
Credited to the profit and loss account
(2,118)
Provision at end of period
(2,118)
8
Share capital
2023 
£ 
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.
10
Controlling party
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.
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