Company Registration No. 11298811 (England and Wales)
VJAY PROPERTIES LTD
Unaudited accounts
for the year ended 30 April 2024
VJAY PROPERTIES LTD
Unaudited accounts
Contents
VJAY PROPERTIES LTD
Company Information
for the year ended 30 April 2024
Director
Jermaine Kodjo Addo-Yeboah
Company Number
11298811 (England and Wales)
Registered Office
1 SOUTH DOWN HOUSE PYTCHLEY ROAD
EAST DULWICH ESTATE
LONDON
SE22 8ES
UNITED KINGDOM
Accountants
Lotus Accountancy Ltd
306
Church Road, Northolt
London
UB5 5AP
VJAY PROPERTIES LTD
Statement of financial position
as at 30 April 2024
Tangible assets
146,765
147,708
Cash at bank and in hand
79,030
105,007
Creditors: amounts falling due within one year
(588)
(1,242)
Net current assets
110,053
123,138
Total assets less current liabilities
256,818
270,846
Creditors: amounts falling due after more than one year
(286,494)
(286,494)
Net liabilities
(29,676)
(15,648)
Called up share capital
1
1
Profit and loss account
(29,677)
(15,649)
Shareholders' funds
(29,676)
(15,648)
For the year ending 30 April 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 January 2025 and were signed on its behalf by
Jermaine Kodjo Addo-Yeboah
Director
Company Registration No. 11298811
VJAY PROPERTIES LTD
Notes to the Accounts
for the year ended 30 April 2024
VJAY PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 11298811. The registered office is 1 SOUTH DOWN HOUSE PYTCHLEY ROAD, EAST DULWICH ESTATE, LONDON, SE22 8ES, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Fixtures & fittings
25% Straight Line
VJAY PROPERTIES LTD
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
144,619
3,843
5,555
154,017
At 30 April 2024
144,619
3,843
6,014
154,476
At 1 May 2023
-
1,450
4,859
6,309
Charge for the year
-
961
441
1,402
At 30 April 2024
-
2,411
5,300
7,711
At 30 April 2024
144,619
1,432
714
146,765
At 30 April 2023
144,619
2,393
696
147,708
Amounts falling due within one year
Other debtors
31,611
19,373
6
Creditors: amounts falling due within one year
2024
2023
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
286,494
286,494
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).