V SQUARE REAL ESTATE SOLUTIONS LTD |
REPORT OF THE DIRECTOR AND |
ABRIDGED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 FEBRUARY 2023 TO 28 FEBRUARY 2024 |
V SQUARE REAL ESTATE SOLUTIONS LTD |
REPORT OF THE DIRECTOR AND |
ABRIDGED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 FEBRUARY 2023 TO 28 FEBRUARY 2024 |
V SQUARE REAL ESTATE SOLUTIONS LTD (REGISTERED NUMBER: 14630126) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the period 1 February 2023 to 28 February 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
V SQUARE REAL ESTATE SOLUTIONS LTD |
COMPANY INFORMATION |
for the period 1 February 2023 to 28 February 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
V SQUARE REAL ESTATE SOLUTIONS LTD (REGISTERED NUMBER: 14630126) |
STATEMENT OF FINANCIAL POSITION |
28 February 2024 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings | 7 | ( |
) |
SHAREHOLDERS' DEFICIT | ( |
) |
The director acknowledges her 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 were approved by the director and authorised for issue on |
V SQUARE REAL ESTATE SOLUTIONS LTD (REGISTERED NUMBER: 14630126) |
NOTES TO THE FINANCIAL STATEMENTS |
for the period 1 February 2023 to 28 February 2024 |
1. | STATUTORY INFORMATION |
V Square Real Estate Solutions Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Taxation |
Taxation for the period 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 statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | FIXED ASSET INVESTMENTS |
Interest |
in joint |
venture |
£ |
Cost |
Additions |
At 28 February 2024 |
Net book value |
At 28 February 2024 |
V SQUARE REAL ESTATE SOLUTIONS LTD (REGISTERED NUMBER: 14630126) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the period 1 February 2023 to 28 February 2024 |
4. | FIXED ASSET INVESTMENTS - continued |
Joint Venture investment relates to a JV with Partnership Property Investments Ltd, a company registered in England & Wales. |
In the opinion of the director the investment is worth at least the amount it has been stated at, in the financial statements. |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
Accrued expenses |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1 | 1 |
1 Ordinary share of £1 was allotted and fully paid for |
7. | RESERVES |
Retained |
earnings |
£ |
Deficit for the period | ( |
) |
At 28 February 2024 | ( |
) |
8. | CONTINGENT LIABILITIES |
As far as the Board is aware, there were no contingent liabilities at the balance sheet date. |
9. | ULTIMATE CONTROLLING PARTY |
The controlling party is Miss R P Pawar. |