VATOD PROPERTIES LTD

Company Registration Number:
14133878 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

VATOD PROPERTIES LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

VATOD PROPERTIES LTD

Company Information

for the Period Ended 31 May 2024




Director: ENIOLA, Victoria Oluwafunmilayo
ENIOLA, Adekunle Ayodele
Registered office: 2
Myrtle Road
Romford
Essex
GBR
RM3 8XS
Company Registration Number: 14133878 (England and Wales)

VATOD PROPERTIES LTD

Profit and Loss Account

for the Period Ended 31 May 2024


Notes

2024
£

2023
£
Turnover 5,400 450
Gross Profit or (Loss) 5,400 450
Administrative Expenses ( 1,841 ) ( 156 )
Operating Profit or (Loss) 3,559 294
Interest Payable and Similar Charges ( 6,237 ) ( 2,034 )
Profit or (Loss) Before Tax ( 2,678 ) ( 1,740 )
Profit or (Loss) for Period ( 2,678 ) ( 1,740 )

The notes form part of these financial statements

VATOD PROPERTIES LTD

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 82,870 80,321
Total fixed assets: 82,870 80,321
Current assets
Cash at bank and in hand: 38,220 408
Total current assets: 38,220 408
Net current assets (liabilities): 38,220 408
Total assets less current liabilities: 121,090 80,729
Creditors: amounts falling due after more than one year: 5 ( 125,408 ) ( 82,369 )
Total net assets (liabilities): ( 4,318 ) ( 1,640 )

The notes form part of these financial statements

VATOD PROPERTIES LTD

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 4,418 ) ( 1,740 )
Shareholders funds: ( 4,318 ) ( 1,640 )

For the year ending 31 May 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 23 February 2025
And Signed On Behalf Of The Board By:

Name: ENIOLA, Victoria Oluwafunmilayo
Status: Director

Name: ENIOLA, Adekunle Ayodele
Status: Director

The notes form part of these financial statements

VATOD PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VATOD PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

VATOD PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

VATOD PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 June 2023 80,321 80,321
Additions 2,549 2,549
Disposals - -
Revaluations - -
Transfers - -
At 31 May 2024 82,870 82,870
Depreciation
At 01 June 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 May 2024 - -
Net book value
At 31 May 2024 82,870 82,870
At 31 May 2023 80,321 80,321

VATOD PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

5.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 52,785 52,785
Other creditors 72,623 29,584
Total 125,408 82,369

Other Creditors: 2023 £29,584 2024£72,623- Unsecured Directors Loan
Bank Loan
The Mortgage Works (UK) PLC
Secured Loan
16 sydney street houghton le spring DH4 6AN