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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
Page
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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
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VJAY PROPERTIES LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
146,765 
147,708 
Current assets
Debtors
31,611 
19,373 
Cash at bank and in hand
79,030 
105,007 
110,641 
124,380 
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)
Capital and reserves
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
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VJAY PROPERTIES LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
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
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.
Presentation currency
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
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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 
Additions
- 
- 
459 
459 
At 30 April 2024
144,619 
3,843 
6,014 
154,476 
Depreciation
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 
Net book value
At 30 April 2024
144,619 
1,432 
714 
146,765 
At 30 April 2023
144,619 
2,393 
696 
147,708 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
31,611 
19,373 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
754 
Other creditors
(12)
(12)
Accruals
600 
500 
588 
1,242 
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).
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