REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 |
FOR |
VICTORSHAL LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 |
FOR |
VICTORSHAL LIMITED |
VICTORSHAL LIMITED (REGISTERED NUMBER: 12888837) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 30 April 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
VICTORSHAL LIMITED |
COMPANY INFORMATION |
for the Year Ended 30 April 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Statutory Auditors |
100 Barbirolli Square |
Manchester |
M2 3BD |
VICTORSHAL LIMITED (REGISTERED NUMBER: 12888837) |
BALANCE SHEET |
30 April 2024 |
2024 | 2023 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
SHAREHOLDERS' FUNDS |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
VICTORSHAL LIMITED (REGISTERED NUMBER: 12888837) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 30 April 2024 |
1. | STATUTORY INFORMATION |
Victorshal Limited is a private company limited by share capital, incorporated in England and Wales registration number 12888837. The address of the registered office is Plaza Group, 32 Broughton Street, Manchester, M8 8NN and principal place of business is 169-171 Ashley Road, Altrincham, WA15 9SD. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The presentational and functional currency of these financial statements is sterling; values are rounded to the nearest pound. |
Going concern |
Assurances have been received from other group entities that the balances owed by the company will not be demanded until adequate alternative funds are in place. Accordingly, the director considers it reasonable to prepare these financial statements on a going concern basis. |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Turnover |
Revenue is represented solely by recharge of rental costs to the parent company and is recognised on an accruals basis. |
Leasing commitments |
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term. |
Trade and other debtors |
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the |
effective interest method, less impairment losses for bad and doubtful debts except where the effect of |
discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for |
bad and doubtful debts. |
Trade and other creditors |
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
Prepayments |
VICTORSHAL LIMITED (REGISTERED NUMBER: 12888837) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 30 April 2024 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Amounts owed to group undertakings |
Accruals and deferred income |
6. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
2024 | 2023 |
£ | £ |
Within one year |
Between one and five years |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary | £1.00 | 1 | 1 |
8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
9. | CONTINGENT LIABILITIES |
The company is subject to a fixed and floating charge dated 9th August 2022 over all the property and undertakings of the company. |
10. | ULTIMATE CONTROLLING PARTY |
The immediate parent undertaking at the balance sheet date was ECC Tradeco Limited and the ultimate parent undertaking was ECC (Topco) Limited, both companies are registered in England and Wales and their registered office is Plaza Group, 32 Broughton Street, Manchester, M8 8NN. |
The parent company of the largest group that includes the company and for which consolidated financial statements are prepared is ECC (Topco) Limited. Copies of these financial statements can be obtained from the registered office at Plaza Group, 32 Broughton Street, Manchester, M8 8NN. |