Victoria Apartments Torquay Limited |
Registered Number:13876119 |
For the year ended 27 February 2024
England and Wales
Unaudited Financial Statements
For the year ended 27 February 2024
Victoria Apartments Torquay Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Victoria Apartments Torquay Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
7,723
7,660
2
7,723
7,660
Trade and other receivables |
-
2,363
3
74
Cash and cash equivalents |
178
2,541
74
Trade and other payables: amounts falling due within one |
year |
(10,893)
(10,262)
4
(10,819)
(7,721)
Net current liabilities
Total assets less current liabilities |
2
(3,159)
2
Net assets/liabilities
(3,159)
2
2
-
(3,161)
2
(3,159)
Shareholders' funds
For the year ended 27 February 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 of its financial statements for the year ended 27 February 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
G Van Blankenstein Director |
These financial statements were approved and authorised for issue by the Board on 27 November 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 27 February 2024
Victoria Apartments Torquay Limited
Notes to the Financial Statements
Statutory Information
Victoria Apartments Torquay Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 13876119. |
13 - 14 Victoria Parade
Torquay
TQ1 2BB
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts or rebates.
Property, plant and equipment
Property, plant and equipment are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Leasehold Improvements
Furniture and Fittings
2. Property, plant and equipment |
10,213
10,213
-
2,637
-
2,637
2,637
10,213
12,850
Provision for depreciation and impairment |
2,553
2,553
-
Charge for year
2,574
1,915
659
5,127
4,468
659
1,978
5,745
7,723
-
7,660
7,660
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For the year ended 27 February 2024
Victoria Apartments Torquay Limited
Notes to the Financial Statements Continued
3. Trade and other receivables |
2023
2024
2,363
-
4. Trade and other payables: amounts falling due within one year |
2023
2024
1,566
295
8,696
10,598
10,262
10,893
Included within taxation and social security is corporation tax of Nil (2023: Nil).
5. Related party transactions |
Dividends of £2,347 were paid to the directors in the year. |
The company is under the effective control of its directors. |
6. Directors advances and guarantees |
Loaned
Repaid
G Van Blankenstein
Loan to the company from the director |
7,545
9,698
9,347
11,500
7,545
9,698
9,347
11,500
7. Average number of persons employed |
During the year the average number of employees was 2 (2023 : 2)
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