V9 CHH Ltd
Registered number: 14175391
Statement of Financial Position
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 532,999 589,005
Current assets
Debtors 5 12,341 51,975
Cash at bank and in hand 63,208 464
75,549 52,439
Creditors: amounts falling due within one year 6 (643,763) (639,811)
Net current liabilities (568,214) (587,372)
Net (liabilities)/assets (35,215) 1,633
Capital and reserves
Called up share capital 100 100
Revaluation reserve 7 (45,365) -
Profit and loss account 10,050 1,533
Shareholder's funds (35,215) 1,633
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
C Hitchins
Director
Approved by the board on 18 February 2025
V9 CHH Ltd
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from property rental, which is declared in the period that the rent is due.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings No depreciation
Investments
Unlisted investments (other than investments in subsidiaries, associates and joint ventures) are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses.

Changes in fair value/Impairment losses are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Exceptional items 2024 2023
£ £
Value adjustments on fixed assets and current asset investments 56,006 -
56,006 -
3 Employees and directors 2024 2023
Number Number
Average number of directors and persons employed by the company 1 1
4 Tangible fixed assets
Land and buildings
£
Cost
At 1 July 2023 589,005
Fair value movements (56,006)
At 30 June 2024 532,999
Depreciation
At 30 June 2024 -
Net book value
At 30 June 2024 532,999
At 30 June 2023 589,005
Freehold land and buildings: 2024 2023
£ £
Historical cost 589,005 589,005
Cumulative depreciation based on historical cost - -
589,005 589,005
5 Debtors 2024 2023
£ £
Deferred tax asset 10,641 -
Other debtors 1,700 51,975
12,341 51,975
6 Creditors: amounts falling due within one year 2024 2023
£ £
Accruals 1,788 960
Corporation tax 1,998 374
Other creditors 639,977 638,477
643,763 639,811
7 Revaluation reserve 2024 2023
£ £
Loss on revaluation of land and buildings (56,006) -
Deferred taxation arising on the revaluation of land and buildings 10,641 -
At 30 June 2024 (45,365) -
8 Other information
V9 CHH Ltd is a private company limited by shares and incorporated in England. Its registered office is:
269 Farnborough Road
Farnborough
Hampshire
GU14 7LY
V9 CHH Ltd 14175391 false 2023-07-01 2024-06-30 2024-06-30 VT Final Accounts July 2024 C Hitchins No description of principal activity 14175391 2022-07-01 2023-06-30 14175391 core:RevaluationReserve core:LandBuildings 2022-07-01 2023-06-30 14175391 core:RevaluationReserve 2022-07-01 2023-06-30 14175391 core:WithinOneYear 2023-06-30 14175391 core:ShareCapital 2023-06-30 14175391 core:OtherReservesSubtotal 2023-06-30 14175391 core:RetainedEarningsAccumulatedLosses 2023-06-30 14175391 core:RevaluationReserve 2023-06-30 14175391 2023-07-01 2024-06-30 14175391 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14175391 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 14175391 bus:Director40 2023-07-01 2024-06-30 14175391 1 2023-07-01 2024-06-30 14175391 2 2023-07-01 2024-06-30 14175391 core:LandBuildings 2023-07-01 2024-06-30 14175391 core:RevaluationReserve core:LandBuildings 2023-07-01 2024-06-30 14175391 core:RevaluationReserve 2023-07-01 2024-06-30 14175391 countries:England 2023-07-01 2024-06-30 14175391 bus:FRS102 2023-07-01 2024-06-30 14175391 bus:FilletedAccounts 2023-07-01 2024-06-30 14175391 2024-06-30 14175391 core:WithinOneYear 2024-06-30 14175391 core:ShareCapital 2024-06-30 14175391 core:OtherReservesSubtotal 2024-06-30 14175391 core:RetainedEarningsAccumulatedLosses 2024-06-30 14175391 core:LandBuildings 2024-06-30 14175391 core:RevaluationReserve 2024-06-30 14175391 2023-06-30 14175391 core:LandBuildings 2023-06-30 iso4217:GBP xbrli:pure