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Company Registration No. 1413257 (England and Wales)
V.A. (Property Management) Limited Filleted Accounts for the year ended 31 March 2024
V.A. (Property Management) Limited Filleted Accounts Contents
Page
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V.A. (Property Management) Limited Company Information for the year ended 31 March 2024
Directors
V. Abrahams G. Abrahams A. Abrahams N. Abrahams
Secretary
N. Abrahams
Company Number
1413257 (England and Wales)
Registered Office
116 Totteridge Lane London N20 8JH United Kingdom
Accountants
Lacome & Co Chartered Accountants Sapphire House 73 St.Margarets Avenue London N20 9LD
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V.A. (Property Management) Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
453,493 
453,881 
Investments
549,245 
549,245 
1,002,738 
1,003,126 
Current assets
Debtors
460 
608 
Cash at bank and in hand
242,146 
190,145 
242,606 
190,753 
Creditors: amounts falling due within one year
(268,440)
(264,734)
Net current liabilities
(25,834)
(73,981)
Net assets
976,904 
929,145 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
161,745 
161,745 
Profit and loss account
815,059 
767,300 
Shareholders' funds
976,904 
929,145 
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 16 July 2024 and were signed on its behalf by
N. Abrahams Director Company Registration No. 1413257
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V.A. (Property Management) Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
V.A. (Property Management) Limited is a private company, limited by shares, registered in England and Wales, registration number 1413257. The registered office is 116 Totteridge Lane, London, N20 8JH, United Kingdom.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover represents net invoiced fees and commissions, excluding Value Added Tax.
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:
Land & buildings
No depreciation is provided on the freehold property.
Fixtures & fittings
10% Reducing Balance method.
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
450,000 
48,563 
498,563 
At 31 March 2024
450,000 
48,563 
498,563 
Depreciation
At 1 April 2023
- 
44,682 
44,682 
Charge for the year
- 
388 
388 
At 31 March 2024
- 
45,070 
45,070 
Net book value
At 31 March 2024
450,000 
3,493 
453,493 
At 31 March 2023
450,000 
3,881 
453,881 
5
Investments
Other investments 
£ 
Valuation at 1 April 2023
549,245 
Valuation at 31 March 2024
549,245 
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V.A. (Property Management) Limited Notes to the Accounts for the year ended 31 March 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
460 
608 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
211,321 
208,631 
Taxes and social security
12,900 
14,518 
Other creditors
15,524 
15,524 
Loans from directors
25,568 
22,968 
Accruals
3,127 
3,093 
268,440 
264,734 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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