Company Registration No. 14371033 (England and Wales)
Vital Homes Group Ltd
Unaudited accounts
for the period from 22 September 2022 to 31 December 2023
Vital Homes Group Ltd
Unaudited accounts
Contents
Vital Homes Group Ltd
Company Information
for the period from 22 September 2022 to 31 December 2023
Directors
James Stephen Philip Levy
Elena Pashevkina
Company Number
14371033 (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 Group Ltd
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
106,909
Creditors: amounts falling due within one year
(1,378,166)
Net current liabilities
(16,050)
Total assets less current liabilities
(16,044)
Creditors: amounts falling due after more than one year
(1)
Called up share capital
100
Profit and loss account
(16,145)
Shareholders' funds
(16,045)
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 15 April 2024 and were signed on its behalf by
James Stephen Philip Levy
Director
Company Registration No. 14371033
Vital Homes Group Ltd
Notes to the Accounts
for the period from 22 September 2022 to 31 December 2023
Vital Homes Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 14371033. 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.
4
Investments
Subsidiary undertakings
Valuation at 22 September 2022
-
Valuation at 31 December 2023
6
Amounts falling due within one year
Accrued income and prepayments
85
Amounts falling due after more than one year
Amounts due from group undertakings etc.
1,251,234
6
Creditors: amounts falling due within one year
2023
Vital Homes Group Ltd
Notes to the Accounts
for the period from 22 September 2022 to 31 December 2023
7
Creditors: amounts falling due after more than one year
2023
Amounts owed to group undertakings and other participating interests
1
8
Transactions with related parties
At the balance sheet date the company was owed £308,917 by Vital Homes Developments Ltd
At the balance sheet date the company was owed £6,371 by Vital Homes Investments Ltd
At the balance sheet date the company was owed £10,424 by Vital Homes Management Ltd
At the balance sheet date the company was owed £610,627 by Vital Homes Propco 3 Ltd
At the balance sheet date the company was owed £314,894 by Vital Homes Propco 2 Ltd
At the balance sheet date the company was owed £1 by Vital Homes Affordable Housing Ltd
All the above are companies are subsidiaries of Vital Homes Group Ltd.
At the balance sheet date the company owed its shareholders £564,998.
9
Post balance sheet events
On 31 March 2024, 100% of the share capital of the Company was sold by the Directors to Reconnaissance Holdings Limited and January Capital Holdings Ltd. James Levy and Elena Pashevkina, the sole directors of the Company, owned 100% of the share capital of Reconnaissance Holdings Limited and January Capital Holdings Ltd, respectively.
10
Average number of employees
During the period the average number of employees was 2.