V & M ASSETS LIMITED

Company Registration Number:
10598052 (England and Wales)

Unaudited micro entity accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

V & M ASSETS LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

V & M ASSETS LIMITED

Company Information

for the Period Ended 29 February 2024




Director: Viral Bhatt
Registered office: 23
Chandos Road
London
GBR
HA5 1PR
Company Registration Number: 10598052 (England and Wales)

V & M ASSETS LIMITED

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Principal Activities

The company's principal activity during the year was that of property investment and lettings.

Additional information

This report was approved by the board on 24 November 2024 and signed on its behalf. As at the year end the company owed £173,497 jointly to both shareholders of the company. The company is under joint control of Mr Viral Bhatt and Mrs Mital Shah. Each own 50% of share capital of the company.

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 29 February 2024
Viral Bhatt

This report was approved by the board of directors on 24 November 2024
And Signed On Behalf Of The Board By:

Name: Viral Bhatt
Status: Director

V & M ASSETS LIMITED

Profit and Loss Account

for the Period Ended 29 February 2024


2024
£

2023
£
Turnover 11,909 10,350
Income from coronavirus (COVID-19) business support grants 0 0
Other Income 0 0
Cost of Materials ( 0 ) ( 0 )
Staff Costs ( 0 ) ( 0 )
Depreciation and Writeoffs ( 0 ) ( 0 )
Other charges ( 9,906 ) ( 7,640 )
Tax on Profit ( 381 ) ( 515 )
Profit or (Loss) for Period 1,622 2,195

V & M ASSETS LIMITED

Balance sheet

As at 29 February 2024


2024
£

2023
£
Called up share capital not paid: 0 0
Fixed Assets: 176,991 176,991
Current assets: 3,294 2,876
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 0 ) ( 0 )
Net current assets (liabilities): 3,294 2,876
Total assets less current liabilities: 180,285 179,867
Creditors: amounts falling due after more than one year: ( 173,497 ) ( 174,603 )
Provision for liabilities: ( 381 ) ( 515 )
Accruals and deferred income: ( 350 ) ( 313 )
Total net assets (liabilities): 6,057 4,436
Capital and reserves: 6,057 4,436

V & M ASSETS LIMITED

Balance sheet continued

For the year ending 29 February 2024 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 24 November 2024
And Signed On Behalf Of The Board By:

Name: Viral Bhatt
Status: Director

The notes form part of these financial statements

V & M ASSETS LIMITED

Footnotes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Employee Information

    Average number of employees: 0

V & M ASSETS LIMITED

Footnotes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Off balance sheet disclosure

    No