REGISTERED NUMBER: |
Financial Statements for the Year Ended 31st January 2024 |
for |
Vadsala Limited |
REGISTERED NUMBER: |
Financial Statements for the Year Ended 31st January 2024 |
for |
Vadsala Limited |
Vadsala Limited (Registered number: 03138780) |
Contents of the Financial Statements |
for the Year Ended 31st January 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Vadsala Limited |
Company Information |
for the Year Ended 31st January 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
First Floor |
87 Kenton Road |
Harrow |
Middlesex |
HA3 0AH |
Vadsala Limited (Registered number: 03138780) |
Balance Sheet |
31st January 2024 |
31.1.24 | 31.1.23 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Vadsala Limited (Registered number: 03138780) |
Balance Sheet - continued |
31st January 2024 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Vadsala Limited (Registered number: 03138780) |
Notes to the Financial Statements |
for the Year Ended 31st January 2024 |
1. | STATUTORY INFORMATION |
Vadsala Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.24 | 31.1.23 |
£ | £ |
Horsley Estate Ltd | 6,372,777 | 6,304,102 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.24 | 31.1.23 |
£ | £ |
Amounts owed to group undertakings |
Tax |
Other Creditors |
Gramdon Services | 1,223,080 | 1,274,322 |
Accrued expenses |
Vadsala Limited (Registered number: 03138780) |
Notes to the Financial Statements - continued |
for the Year Ended 31st January 2024 |
6. | RELATED PARTY DISCLOSURES |
The following transactions were with related parties: |
Gramdon Services Ltd |
Arnall Structures Ltd |
Horsley Estate Ltd |
£ | £ | £ |
Balance as at 01/02/2023 | (1,274,322) | (26,267) | 6,304,102 |
Received/(Paid) | 100,000 | 0 | (207,200) |
Interest | (48,758) | 0 | 275,875 |
Balance as at 31/01/2024 | (1,223,080) | (26,267) | 6,372,777 |
Gramdon Services Ltd |
Interest charged during the year was £48,758 (2023: £76,241) which has been calculated based on the interest rate of 4 % which has been fixed for 5 years. |
Horsley Estate Ltd |
Interest charged during the year was £275,875 (2022: 414,090) which has been calculated based on the interest rate of 4% which has been fixed for 5 years. |