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REGISTERED NUMBER: 10945426 (England and Wales)











VITAL LETTINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2023






VITAL LETTINGS LIMITED (REGISTERED NUMBER: 10945426)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2023




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4

Chartered accountants' report 6

VITAL LETTINGS LIMITED

COMPANY INFORMATION
for the year ended 30 September 2023







DIRECTORS: V Stetsenko
Mrs C Stetsenko





REGISTERED OFFICE: 125 Hawthorne Crescent
London
SE10 9GA





REGISTERED NUMBER: 10945426 (England and Wales)





ACCOUNTANTS: Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BR1 3RA

VITAL LETTINGS LIMITED (REGISTERED NUMBER: 10945426)

BALANCE SHEET
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,666,385 1,659,166

CURRENT ASSETS
Debtors 5 - 1,330
Cash at bank 5,009 3,277
5,009 4,607
CREDITORS
Amounts falling due within one year 6 59,026 56,626
NET CURRENT LIABILITIES (54,017 ) (52,019 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,612,368

1,607,147

CREDITORS
Amounts falling due after more than one
year

7

1,542,522

1,568,052
NET ASSETS 69,846 39,095

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 69,844 39,093
69,846 39,095

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

VITAL LETTINGS LIMITED (REGISTERED NUMBER: 10945426)

BALANCE SHEET - continued
30 September 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by:





V Stetsenko - Director


VITAL LETTINGS LIMITED (REGISTERED NUMBER: 10945426)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2023

1. STATUTORY INFORMATION

Vital Lettings 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 represents rental income receivable.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022 1,659,166
Additions 7,219
At 30 September 2023 1,666,385
NET BOOK VALUE
At 30 September 2023 1,666,385
At 30 September 2022 1,659,166

At the year end the leasehold properties were valued by the directors on an open market for existing use basis which, in the opinion of the directors, is not materially different from the carrying value as shown above.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 1,330

VITAL LETTINGS LIMITED (REGISTERED NUMBER: 10945426)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 14,704 9,896
Other creditors 44,322 46,730
59,026 56,626

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 1,542,522 1,568,052

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
VITAL LETTINGS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Vital Lettings Limited for the year ended 30 September 2023 which comprise the Statement of income and retained earnings, Balance sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Vital Lettings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Vital Lettings Limited and state those matters that we have agreed to state to the Board of Directors of Vital Lettings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Vital Lettings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Vital Lettings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Vital Lettings Limited. You consider that Vital Lettings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Vital Lettings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BR1 3RA


16 September 2024