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Registered Number: 13524615
England and Wales

 

 

 

VR PROPERTY INVESTMENTS LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 August 2022

End date: 31 July 2023
Directors Ria Jitesh Chauhan
Viral Naran Chauhan
Registered Number 13524615
Registered Office Suite G2 The Business Centre
Cardiff House, Cardiff Road
Barry
Vale of Glamorgan
CF63 2AW
1
  2023   2022
    £ £   £ £
Fixed assets   147,245      75,165 
Current assets 34,741      40,099   
Creditors: amount falling due within one year (1,561)     (660)  
Net current assets   33,180      39,439 
Total assets less current liabilities   180,425      114,604 
Creditors: amount falling due after more than one year   (51,661)     (260)
Net assets   128,764      114,344 
 

         
Capital and reserves   128,764      114,344 
 
NOTES TO THE ACCOUNTS

General Information
VR PROPERTY INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13524615, registration address Suite G2 The Business Centre, Cardiff House, Cardiff Road, Barry, Vale of Glamorgan, CF63 2AW. The trading address of the company is 6 Bosworth Gardens, Bishops Waltham, Hampshire, SO32 1QQ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 50 Straight Line
2.

Tangible fixed assets

Cost or valuation Land and Buildings   Total
  £   £
At 01 August 2022 76,699    76,699 
Additions 75,116    75,116 
Disposals  
At 31 July 2023 151,815    151,815 
Depreciation
At 01 August 2022 1,534    1,534 
Charge for year 3,036    3,036 
On disposals  
At 31 July 2023 4,570    4,570 
Net book values
Closing balance as at 31 July 2023 147,245    147,245 
Opening balance as at 01 August 2022 75,165    75,165 


3.

Average number of employees

Average number of employees during the year was 0 (2022 : 0).

4.

Ultimate Controlling Party

The ultimate controlling party is VRC Holdings Ltd.

For the year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 12 April 2024 and were signed on its behalf by:


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Ria Jitesh Chauhan
Director
2