Registered number: 11674670 | ||||||||
FOR THE YEAR ENDED 30/11/2023 | ||||||||
Prepared By: | ||||||||
PRIMUS ACCOUNTING LTD | ||||||||
896 WOODBOROUGH ROAD | ||||||||
NOTTINGHAM | ||||||||
NG3 5QR |
VP HOMES LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/11/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 11674670 | ||||||||
ACCOUNTANTS | ||||||||
PRIMUS ACCOUNTING LTD | ||||||||
896 WOODBOROUGH ROAD | ||||||||
NOTTINGHAM | ||||||||
NG3 5QR |
VP HOMES LTD | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/11/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
VP HOMES LTD | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
75,242 | 78,056 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT LIABILITIES | ( | (446,880) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 7 | - | 480 | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 151,947 | 82,715 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
VP HOMES LTD | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/11/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Equipment | straight line 25% |
1c. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | - | |||||
VP HOMES LTD | ||||||||
3. TANGIBLE FIXED ASSETS | ||||
Equipment | Total | |||
£ | £ | |||
Cost | ||||
At 01/12/2022 | 234 | 234 | ||
Additions | 1,373 | 1,373 | ||
At 30/11/2023 | 1,607 | 1,607 | ||
Depreciation | ||||
At 01/12/2022 | 59 | 59 | ||
For the year | 59 | 59 | ||
At 30/11/2023 | 118 | 118 | ||
Net Book Amounts | ||||
At 30/11/2023 | 1,489 | |||
At 30/11/2022 | 175 | |||
4. INVESTMENT PROPERTIES | ||||
Investment | ||||
Properties | Total | |||
£ | £ | |||
Fair value | ||||
At 01/12/2022 | 530,100 | 530,100 | ||
Additions | 164,800 | 164,800 | ||
At 30/11/2023 | 694,900 | 694,900 | ||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 575 | 1,856 | ||||||
Other debtors | - | 62,773 | ||||||
575 | 64,629 | |||||||
VP HOMES LTD | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 1,496 | 1,559 | ||||||
Directors current account | 116,761 | 117,568 | ||||||
Mortgage | 550,496 | 387,477 | ||||||
Loans | 18,200 | 18,200 | ||||||
Trade creditors | 2,531 | 132 | ||||||
689,484 | 524,936 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Trade Creditors >1yr | - | 480 | ||||||
- | 480 | |||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
200 | 200 | |||||||
200 | 200 | |||||||