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REGISTERED NUMBER: 10107481 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

VICTORIA PLACE OWNERS LIMITED

VICTORIA PLACE OWNERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: S G Briers





SECRETARY: A J Mellery-Pratt





REGISTERED OFFICE: Rebbeck Brothers
10 Exeter Road
The Square
Bournemouth
Dorset
BH2 5AN





REGISTERED NUMBER: 10107481 (England and Wales)





ACCOUNTANTS: Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

VICTORIA PLACE OWNERS LIMITED (REGISTERED NUMBER: 101074

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,594 19,594

CURRENT ASSETS
Debtors 5 312 312
Cash at bank 2,626 2,515
2,938 2,827
CREDITORS
Amounts falling due within one year 6 19,768 19,712
NET CURRENT LIABILITIES (16,830 ) (16,885 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,764

2,709

CAPITAL AND RESERVES
Called up share capital 7 7 7
Retained earnings 2,757 2,702
SHAREHOLDERS' FUNDS 2,764 2,709

VICTORIA PLACE OWNERS LIMITED (REGISTERED NUMBER: 101074

BALANCE SHEET - continued
30 APRIL 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 12 September 2024 and were signed by:





S G Briers - Director


VICTORIA PLACE OWNERS LIMITED (REGISTERED NUMBER: 101074

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Victoria Place Owners Limited 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
Turnover for the year represents ground rent due.

Tangible fixed assets
All fixed assets are initially recorded at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 May 2023
and 30 April 2024 19,594
NET BOOK VALUE
At 30 April 2024 19,594
At 30 April 2023 19,594

VICTORIA PLACE OWNERS LIMITED (REGISTERED NUMBER: 101074

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS - continued

The freehold has been written down by 8/9th of its original value in respect of those lessees that participated in the original freehold purchase or purchased a lease extension . The value of the freehold is within the long leases they hold.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 312 312

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Ground rent in advance 318 318
Corporation tax 13 34
Members loans toward
freehold purchase 19,065 19,065
Accruals and deferred income 372 295
19,768 19,712

The seven original members provided funds to acquire the freehold interest in respect of the nine flats. These loans are interest free and are repayable on demand.

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
7 Ordinary £1 7 7