IRIS Accounts Production v23.3.1.45 04451406 director 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044514062022-05-31044514062023-05-31044514062022-06-012023-05-31044514062021-05-31044514062021-06-012022-05-31044514062022-05-3104451406ns10:Originalns15:EnglandWales2022-06-012023-05-3104451406ns14:PoundSterlingns10:Original2022-06-012023-05-3104451406ns10:Originalns10:Director12022-06-012023-05-3104451406ns10:Original2022-06-012023-05-3104451406ns10:Original2023-05-3104451406ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3104451406ns10:Originalns10:SmallEntities2022-06-012023-05-3104451406ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3104451406ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3104451406ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3104451406ns10:Originalns10:FullAccounts2022-06-012023-05-3104451406ns10:CompanySecretary1ns10:Original2022-06-012023-05-3104451406ns10:Originalns10:RegisteredOffice2022-06-012023-05-3104451406ns10:Original2022-05-3104451406ns10:Originalns5:CurrentFinancialInstruments2023-05-3104451406ns10:Originalns5:CurrentFinancialInstruments2022-05-3104451406ns5:ShareCapitalns10:Original2023-05-3104451406ns5:ShareCapitalns10:Original2022-05-3104451406ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3104451406ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3104451406ns10:Originalns5:PlantMachinery2022-06-012023-05-3104451406ns10:Original2021-06-012022-05-3104451406ns10:Originalns5:PlantMachinery2022-05-3104451406ns10:Originalns5:PlantMachinery2023-05-3104451406ns10:Originalns5:PlantMachinery2022-05-3104451406ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3104451406ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-31
REGISTERED NUMBER: 04451406 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 May 2023

for

V & R HOMES LIMITED

V & R HOMES LIMITED (REGISTERED NUMBER: 04451406)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


V & R HOMES LIMITED

Company Information
for the Year Ended 31 May 2023







DIRECTOR: R P Dell





SECRETARY: V G Jones





REGISTERED OFFICE: 107 Hindes Road
Harrow
Middlesex
HA1 1RU





BUSINESS ADDRESS: Coombe Cottage
Missenden Road
Butler's Cross
Buckinghamshire
HP17 0UP





REGISTERED NUMBER: 04451406 (England and Wales)





ACCOUNTANTS: Hill Wooldridge & Co.
Chartered Accountants
107 Hindes Road
Harrow
Middlesex
HA1 1RU

V & R HOMES LIMITED (REGISTERED NUMBER: 04451406)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,927 6,786

CURRENT ASSETS
Stocks 4,317,264 3,720,963
Debtors 5 24,375 21,911
Cash at bank 57,979 175,404
4,399,618 3,918,278
CREDITORS
Amounts falling due within one year 6 620,309 50,133
NET CURRENT ASSETS 3,779,309 3,868,145
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,785,236

3,874,931

CAPITAL AND RESERVES
Called up share capital 222 111
Retained earnings 3,785,014 3,874,820
SHAREHOLDERS' FUNDS 3,785,236 3,874,931

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 February 2024 and were signed by:





R P Dell - Director


V & R HOMES LIMITED (REGISTERED NUMBER: 04451406)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

V & R Homes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 28,477
Additions 1,189
At 31 May 2023 29,666
DEPRECIATION
At 1 June 2022 21,691
Charge for year 2,048
At 31 May 2023 23,739
NET BOOK VALUE
At 31 May 2023 5,927
At 31 May 2022 6,786

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 24,375 21,911

V & R HOMES LIMITED (REGISTERED NUMBER: 04451406)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 60,476 43,644
Taxation and social security 1,739 1,233
Other creditors 558,094 5,256
620,309 50,133

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R P Dell.