IRIS Accounts Production v24.1.9.2 10941269 Board of Directors 1.9.22 31.8.23 31.8.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh109412692022-08-31109412692023-08-31109412692022-09-012023-08-31109412692021-08-31109412692021-09-012022-08-31109412692022-08-3110941269ns15:EnglandWales2022-09-012023-08-3110941269ns14:PoundSterling2022-09-012023-08-3110941269ns10:Director12022-09-012023-08-3110941269ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3110941269ns10:SmallEntities2022-09-012023-08-3110941269ns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3110941269ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3110941269ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3110941269ns10:FullAccounts2022-09-012023-08-3110941269ns10:OrdinaryShareClass12022-09-012023-08-3110941269ns10:Director22022-09-012023-08-3110941269ns10:CompanySecretary12022-09-012023-08-3110941269ns10:RegisteredOffice2022-09-012023-08-3110941269ns5:CurrentFinancialInstruments2023-08-3110941269ns5:CurrentFinancialInstruments2022-08-3110941269ns5:Non-currentFinancialInstruments2023-08-3110941269ns5:Non-currentFinancialInstruments2022-08-3110941269ns5:ShareCapital2023-08-3110941269ns5:ShareCapital2022-08-3110941269ns5:RetainedEarningsAccumulatedLosses2023-08-3110941269ns5:RetainedEarningsAccumulatedLosses2022-08-3110941269ns5:LandBuildings2022-08-3110941269ns5:LandBuildings2022-09-012023-08-3110941269ns5:LandBuildings2023-08-3110941269ns5:LandBuildings2022-08-3110941269ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3110941269ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-3110941269ns10:OrdinaryShareClass12023-08-31
REGISTERED NUMBER: 10941269 (England and Wales)


Financial Statements for the Year Ended 31 August 2023

for

V&M Real Estates Ltd

V&M Real Estates Ltd (Registered number: 10941269)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


V&M Real Estates Ltd

Company Information
for the Year Ended 31 August 2023







DIRECTORS: Mr Vinay Parekh
Mr Mitesh Parekh





SECRETARY: Mr Vinay Parekh





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 10941269 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

V&M Real Estates Ltd (Registered number: 10941269)

Statement of Financial Position
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 979,993 489,783

CURRENT ASSETS
Debtors 5 111,136 -
Cash at bank and in hand 4,698 63,362
115,834 63,362
CREDITORS
Amounts falling due within one year 6 288,881 204,182
NET CURRENT LIABILITIES (173,047 ) (140,820 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

806,946

348,963

CREDITORS
Amounts falling due after more than one
year

7

772,028

322,703
NET ASSETS 34,918 26,260

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 34,818 26,160
SHAREHOLDERS' FUNDS 34,918 26,260

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

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

The directors acknowledge their 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.

V&M Real Estates Ltd (Registered number: 10941269)

Statement of Financial Position - continued
31 August 2023


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 Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:





Mr Vinay Parekh - Director


V&M Real Estates Ltd (Registered number: 10941269)

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

1. STATUTORY INFORMATION

V&M Real Estates Ltd 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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3. EMPLOYEES AND DIRECTORS

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

4. PROPERTY, PLANT AND EQUIPMENT
Land and
buildings
£   
COST
At 1 September 2022 489,783
Additions 490,210
At 31 August 2023 979,993
NET BOOK VALUE
At 31 August 2023 979,993
At 31 August 2022 489,783

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 17,902 -
Other debtors 93,234 -
111,136 -

V&M Real Estates Ltd (Registered number: 10941269)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Taxation and social security 7,756 5,725
Other creditors 281,125 198,457
288,881 204,182

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans 467,167 322,703
Other creditors 304,861 -
772,028 322,703

Amounts falling due in more than five years:

Repayable by instalments
Bank Loan 150,350 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
100 Ordinary £1 100 100