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REGISTERED NUMBER: 05847922















Unaudited Financial Statements for the Year Ended 29 February 2024

for

V. R. Properties (Glos) Ltd

V. R. Properties (Glos) Ltd (Registered number: 05847922)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


V. R. Properties (Glos) Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: V Reese





SECRETARY:





REGISTERED OFFICE: 30 Finlay Road
Gloucester
GL4 6TP





REGISTERED NUMBER: 05847922





ACCOUNTANTS: Monest Accounts Limited
Pure Offices, Kestrel Court
Waterwells Drive, Quedgeley
Gloucester
Gloucestershire
GL2 2AT

V. R. Properties (Glos) Ltd (Registered number: 05847922)

Statement of Financial Position
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 136,480 239,567

CURRENT ASSETS
Stocks 112,440 -
Cash at bank 69,107 212,986
181,547 212,986
CREDITORS
Amounts falling due within one year 5 4,512 32,774
NET CURRENT ASSETS 177,035 180,212
TOTAL ASSETS LESS CURRENT
LIABILITIES

313,515

419,779

CREDITORS
Amounts falling due after more than one
year

6

138,311

256,093
NET ASSETS 175,204 163,686

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 175,104 163,586
SHAREHOLDERS' FUNDS 175,204 163,686

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

The members have not required the company to obtain an audit of its financial statements for the year ended 29 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.

V. R. Properties (Glos) Ltd (Registered number: 05847922)

Statement of Financial Position - continued
29 February 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





V Reese - Director


V. R. Properties (Glos) Ltd (Registered number: 05847922)

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

1. STATUTORY INFORMATION

V. R. Properties (Glos) Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery Totals
£    £    £    £   
COST
At 1 March 2023 217,000 16,967 7,000 240,967
Disposals (85,000 ) (16,967 ) - (101,967 )
At 29 February 2024 132,000 - 7,000 139,000
DEPRECIATION
At 1 March 2023 - - 1,400 1,400
Charge for year - - 1,120 1,120
At 29 February 2024 - - 2,520 2,520
NET BOOK VALUE
At 29 February 2024 132,000 - 4,480 136,480
At 28 February 2023 217,000 16,967 5,600 239,567

V. R. Properties (Glos) Ltd (Registered number: 05847922)

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Tax 3,294 31,774
Accrued expenses 1,218 1,000
4,512 32,774

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Mortgage Park Road - 83,864
Mortgage Bristol Road 36,440 41,878
Directors' loan accounts 101,871 130,351
138,311 256,093

Amounts falling due in more than five years:

Repayable by instalments
Mortgage Park Road - 83,864
Mortgage Bristol Road 36,440 41,878
36,440 125,742