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REGISTERED NUMBER: 08917493 (England and Wales)











Unaudited Financial Statements

for the Year Ended 29th February 2024

for

Vester Property Services Ltd

Vester Property Services Ltd (Registered number: 08917493)






Contents of the Financial Statements
for the Year Ended 29th February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Vester Property Services Ltd

Company Information
for the Year Ended 29th February 2024







DIRECTOR: Mr M J Freeman





REGISTERED OFFICE: 43 Bluebell Drive
Stansted
Essex
CM24 8XP





REGISTERED NUMBER: 08917493 (England and Wales)





ACCOUNTANTS: Pigram & Co
43 Bluebell Drive
Stansted
Essex
CM24 8XP

Vester Property Services Ltd (Registered number: 08917493)

Balance Sheet
29th February 2024

29/2/24 28/2/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,736 7,736

CURRENT ASSETS
Debtors 5 43,146 43,146
Cash at bank 107,992 107,992
151,138 151,138
CREDITORS
Amounts falling due within one year 6 101,327 101,327
NET CURRENT ASSETS 49,811 49,811
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,547

57,547

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 57,447 57,447
SHAREHOLDERS' FUNDS 57,547 57,547

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th November 2024 and were signed by:





Mr M J Freeman - Director


Vester Property Services Ltd (Registered number: 08917493)

Notes to the Financial Statements
for the Year Ended 29th February 2024

1. STATUTORY INFORMATION

Vester Property Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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 year was 2 (2023 - 1 ) .

Vester Property Services Ltd (Registered number: 08917493)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st March 2023
and 29th February 2024 7,229 19,179 990 27,398
DEPRECIATION
At 1st March 2023
and 29th February 2024 6,686 12,299 677 19,662
NET BOOK VALUE
At 29th February 2024 543 6,880 313 7,736
At 28th February 2023 543 6,880 313 7,736

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/2/24 28/2/23
£    £   
Trade debtors 43,146 43,146

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/2/24 28/2/23
£    £   
Bank loans and overdrafts 35,345 35,345
Trade creditors 31,200 31,200
Tax 21,481 21,481
VAT 211 211
Directors' current accounts 11,640 11,640
Accrued expenses 1,450 1,450
101,327 101,327

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29/2/24 28/2/23
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1st March 2023 57,447
Profit for the year -
At 29th February 2024 57,447