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REGISTERED NUMBER: 00633350 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Vikeboda Property Company Limited

Vikeboda Property Company Limited (Registered number: 00633350)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Vikeboda Property Company Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: M D Stanley
C A Stanley





SECRETARY: M D Stanley





REGISTERED OFFICE: Lightwood Lodge Leighton Road
Northall
Dunstable
Bedfordshire
LU6 2EZ





REGISTERED NUMBER: 00633350 (England and Wales)





ACCOUNTANTS: R A & D A Thompson
30 High Street
Leighton Buzzard
Bedfordshire
LU7 1EA

Vikeboda Property Company Limited (Registered number: 00633350)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 720,000 720,000

CURRENT ASSETS
Debtors 5 890 -
Cash at bank 198,343 186,912
199,233 186,912
CREDITORS
Amounts falling due within one
year

6

63,778

32,301
NET CURRENT ASSETS 135,455 154,611
TOTAL ASSETS LESS CURRENT
LIABILITIES

855,455

874,611

PROVISIONS FOR LIABILITIES 95,000 95,000
NET ASSETS 760,455 779,611

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 620,108 620,108
Retained earnings 140,247 159,403
SHAREHOLDERS' FUNDS 760,455 779,611

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by:



M D Stanley - Director


Vikeboda Property Company Limited (Registered number: 00633350)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Vikeboda Property Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 720,000
NET BOOK VALUE
At 31 August 2024 720,000
At 31 August 2023 720,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2024 720,000

Vikeboda Property Company Limited (Registered number: 00633350)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. INVESTMENT PROPERTY - continued

If the investment property had not been revalued it would have been included at the following historical cost:

31.8.24 31.8.23
£    £   
Cost 220,000 220,000

the investment property was valued on an open market basis on 31 August 2024 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 890 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 2,911 4,663
Taxation and social security 4,964 4,226
Other creditors 55,903 23,412
63,778 32,301

7. RESERVES
Revaluation
reserve
£   
At 1 September 2023
and 31 August 2024 620,108