Registered number: 12830816 | ||||||||
FOR THE YEAR ENDED 31 AUGUST 2023 | ||||||||
Prepared By: | ||||||||
Wieland Accountants Limited | ||||||||
Chartered Accountants | ||||||||
Harrow Business Centre | ||||||||
429-433 Pinner Road | ||||||||
North Harrow | ||||||||
Middlesex | ||||||||
HA1 4HN |
Vark Investments Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 AUGUST 2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Middlesex | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 12830816 | ||||||||
ACCOUNTANTS | ||||||||
Wieland Accountants Limited | ||||||||
Chartered Accountants | ||||||||
Harrow Business Centre | ||||||||
429-433 Pinner Road | ||||||||
North Harrow | ||||||||
Middlesex | ||||||||
HA1 4HN |
Vark Investments Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 AUGUST 2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Vark Investments Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
32,993 | 6,029 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 2,231 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 849,495 | 518,495 | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 9,712 | 82 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Vark Investments Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 AUGUST 2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Investment Properties | ||||||||
Investment properties are included in the financial statements at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
3. INVESTMENT PROPERTIES | ||||
Investment | ||||
Properties | Total | |||
£ | £ | |||
Fair value | ||||
At 1 September 2022 | 516,446 | 516,446 | ||
Additions | 314,319 | 314,319 | ||
At 31 August 2023 | 830,765 | 830,765 | ||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Other debtors | - | 493 | ||||||
- | 493 | |||||||
Vark Investments Limited | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 2,259 | 19 | ||||||
Directors current account | 2,192 | 1,479 | ||||||
Deferred income | - | 2,300 | ||||||
4,451 | 3,798 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Mortgages | 574,495 | 368,495 | ||||||
Directors' loan account | 125,000 | - | ||||||
Other creditors | 150,000 | 150,000 | ||||||
849,495 | 518,495 | |||||||
7. SECURED CREDITORS | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Amount of other creditors which are secured | 574,495 | 368,495 | ||||||
The mortgages are secured against the investment properties. | ||||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||