Registered number
12473926
Vitwell 3 Ltd
Filleted Accounts
29 February 2024
Vitwell 3 Ltd
Registered number: 12473926
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 56,802 26,152
Current assets
Debtors 4 100 100
Net current assets 100 100
Total assets less current liabilities 56,902 26,252
Creditors: amounts falling due after more than one year 5 (56,802) (26,152)
Net assets 100 100
Capital and reserves
Called up share capital 100 100
Shareholders' funds 100 100
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Shivam Popat
Director
Approved by the board on 28 November 2024
Vitwell 3 Ltd
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
There was no turnover for the period ended 29 February 2024.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Investments
Other
investments
£
Cost
At 1 March 2023 56,802
At 29 February 2024 56,802
4 Debtors 2024 2023
£ £
Other debtors 100 100
5 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 56,802 26,152
6 Other information
Vitwell 3 Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Argyle House
3rd Floor Northside
Joel Street, Northwood Hills
Northwood Hills
HA6 1NW
Vitwell 3 Ltd 12473926 false 2023-03-01 2024-02-29 2024-02-29 VT Final Accounts July 2024 Mr Shivam Popat No description of principal activity 12473926 2022-03-01 2023-02-28 12473926 core:AfterOneYear 2023-02-28 12473926 core:ShareCapital 2023-02-28 12473926 2023-03-01 2024-02-29 12473926 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 12473926 bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 12473926 bus:Director40 2023-03-01 2024-02-29 12473926 1 2023-03-01 2024-02-29 12473926 countries:England 2023-03-01 2024-02-29 12473926 bus:FRS102 2023-03-01 2024-02-29 12473926 bus:FilletedAccounts 2023-03-01 2024-02-29 12473926 2024-02-29 12473926 core:AfterOneYear 2024-02-29 12473926 core:ShareCapital 2024-02-29 12473926 2023-02-28 iso4217:GBP xbrli:pure