2023-01-01 00642420 2023-12-31 00642420 2023-01-01 2023-12-31 00642420 2022-12-31 00642420 2022-01-01 2022-12-31 00642420 uk-core:WithinOneYear 2022-12-31 00642420 uk-core:WithinOneYear 2023-12-31 00642420 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 00642420 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 00642420 uk-bus:Director1 2023-01-01 2023-12-31 00642420 uk-bus:Director2 2023-01-01 2023-12-31 00642420 uk-core:LandBuildings 2023-01-01 2023-12-31 00642420 uk-core:OfficeEquipment 2023-01-01 2023-12-31 00642420 uk-core:PlantMachinery 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure 00642420 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 00642420 uk-bus:FRS102 2023-01-01 2023-12-31 00642420 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 00642420 uk-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31
Vanity Farm (Tenants' Association) Limited
Registered Number:00642420
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Vanity Farm (Tenants' Association) Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
00642420
As at 31 December 2023
Vanity Farm (Tenants' Association) Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
132,697
140,820
132,697
140,820
Current assets
Trade and other receivables
37,739
32,135
2
31,508
Cash and cash equivalents
58,875
91,010
69,247
Trade and other payables: amounts falling due within one year
(59,971)
(71,841)
3
9,276
19,169
Net current assets
Total assets less current liabilities
151,866
150,096
151,866
Net assets
150,096
Capital and reserves
Retained earnings
151,866
150,096
151,866
150,096
Members' Funds
For the year ended 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Ms L Jeacock Director
Mrs P Wells Director
These financial statements were approved and authorised for issue by the Board on 13 August 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Vanity Farm (Tenants' Association) Limited
Notes to the Financial Statements
Statutory Information
Vanity Farm (Tenants' Association) Limited is a private limited company, limited by guarantee, domiciled in England and Wales,
registration number 00642420.
Registered address:
Vanity Farm (Ta) Ltd Leysdown Road
Leysdown-On-Sea
Sheerness
Kent
ME12 4LN
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The
Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, 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
10% Reducing balance
33.33% per annum on cost
Computer Equipment
20% Reducing balance
Furniture and Fittings
2. Trade and other receivables
2022
2023
£
£
Trade debtors
-
1,276
Other debtors
32,135
36,463
37,739
32,135
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
47
-
Taxation and social security
2,118
2,394
Other creditors
69,676
57,577
71,841
59,971
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5
For the year ended 31 December 2023
Vanity Farm (Tenants' Association) Limited
Notes to the Financial Statements Continued
4. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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