Company Registration No. 12249642 (England and Wales)
VETERANS IN PROPERTY LTD
Unaudited accounts
for the year ended 31 October 2023
VETERANS IN PROPERTY LTD
Unaudited accounts
Contents
VETERANS IN PROPERTY LTD
Company Information
for the year ended 31 October 2023
Company Number
12249642 (England and Wales)
Registered Office
14 BRIDGE HOUSE
BRIDGE STREET
SUNDERLAND
TYNE & WEAR
SR1 1TE
Accountants
GHB
MORTON HOUSE
DURHAM
DH4 6QA
VETERANS IN PROPERTY LTD
Statement of financial position
as at 31 October 2023
Tangible assets
1,172
1,172
Investment property
404,753
386,000
Cash at bank and in hand
2,378
22
Creditors: amounts falling due within one year
(20,882)
(20,882)
Net current liabilities
(18,504)
(20,860)
Total assets less current liabilities
387,421
366,312
Creditors: amounts falling due after more than one year
(393,256)
(365,702)
Net (liabilities)/assets
(5,835)
610
Called up share capital
30
30
Profit and loss account
(5,865)
580
Shareholders' funds
(5,835)
610
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 31 July 2024 and were signed on its behalf by
BRENDAN GENT
Director
Company Registration No. 12249642
VETERANS IN PROPERTY LTD
Notes to the Accounts
for the year ended 31 October 2023
VETERANS IN PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 12249642. The registered office is 14 BRIDGE HOUSE, BRIDGE STREET, SUNDERLAND, TYNE & WEAR, SR1 1TE.
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 remained unchanged from the previous year, and also 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment
Fair value at 1 November 2022
386,000
At 31 October 2023
404,753
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
20,882
20,882
VETERANS IN PROPERTY LTD
Notes to the Accounts
for the year ended 31 October 2023
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
326,902
326,902
Loans from directors
66,354
37,600
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).