Company Registration No. 13089669 (England and Wales)
VLN INVESTMENTS LTD
Unaudited accounts
for the year ended 31 December 2023
VLN INVESTMENTS LTD
Unaudited accounts
Contents
VLN INVESTMENTS LTD
Company Information
for the year ended 31 December 2023
Company Number
13089669 (England and Wales)
Registered Office
FLAT 112 CASTELLAIN MANSIONS CASTELLAIN
LONDON
W9 1HB
ENGLAND
Accountants
Ranger Accounting Limited
Fairfields
Carlton Road
South Godstone
Godstone
RH9 8LG
VLN INVESTMENTS LTD
Statement of financial position
as at 31 December 2023
Tangible assets
1,402,782
977,782
Cash at bank and in hand
25,788
47,623
Creditors: amounts falling due within one year
(295,656)
(321,853)
Net current liabilities
(269,868)
(274,230)
Total assets less current liabilities
1,132,914
703,552
Creditors: amounts falling due after more than one year
(1,111,295)
(690,495)
Called up share capital
100
100
Profit and loss account
21,519
12,957
Shareholders' funds
21,619
13,057
For the year 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 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 14 September 2024 and were signed on its behalf by
Emanuele Villani
Director
Company Registration No. 13089669
VLN INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 December 2023
VLN INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 13089669. The registered office is FLAT 112 CASTELLAIN MANSIONS CASTELLAIN , LONDON, W9 1HB, 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.
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
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Tangible fixed assets
Land & buildings
At 31 December 2023
1,402,782
At 31 December 2023
1,402,782
At 31 December 2022
977,782
VLN INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,008
3,039
Other creditors
15,980
9,280
Loans from directors
276,978
308,844
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
1,111,295
690,495
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Average number of employees
During the year the average number of employees was 1 (2022: 1).