Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30falsefalse2023-10-01falseNo description of principal activity33trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10345694 2023-10-01 2024-09-30 10345694 2022-10-01 2023-09-30 10345694 2024-09-30 10345694 2023-09-30 10345694 c:Director1 2023-10-01 2024-09-30 10345694 d:Buildings 2023-10-01 2024-09-30 10345694 d:Buildings 2024-09-30 10345694 d:Buildings 2023-09-30 10345694 d:Buildings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10345694 d:FurnitureFittings 2023-10-01 2024-09-30 10345694 d:FurnitureFittings 2024-09-30 10345694 d:FurnitureFittings 2023-09-30 10345694 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10345694 d:OfficeEquipment 2023-10-01 2024-09-30 10345694 d:OfficeEquipment 2024-09-30 10345694 d:OfficeEquipment 2023-09-30 10345694 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10345694 d:ComputerEquipment 2023-10-01 2024-09-30 10345694 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10345694 d:CurrentFinancialInstruments 2024-09-30 10345694 d:CurrentFinancialInstruments 2023-09-30 10345694 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 10345694 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 10345694 d:ShareCapital 2024-09-30 10345694 d:ShareCapital 2023-09-30 10345694 d:RetainedEarningsAccumulatedLosses 2024-09-30 10345694 d:RetainedEarningsAccumulatedLosses 2023-09-30 10345694 c:FRS102 2023-10-01 2024-09-30 10345694 c:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 10345694 c:FullAccounts 2023-10-01 2024-09-30 10345694 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10345694 6 2023-10-01 2024-09-30 10345694 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 10345694










GEORGE VYNER HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
GEORGE VYNER HOLDINGS LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF GEORGE VYNER HOLDINGS LIMITED
FOR THE YEAR ENDED 30 SEPTEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of George Vyner Holdings Limited for the year ended 30 September 2024 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of George Vyner Holdings Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of George Vyner Holdings Limited and state those matters that we have agreed to state to the Board of Directors of George Vyner Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than George Vyner Holdings Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that George Vyner Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of George Vyner Holdings Limited. You consider that George Vyner Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of George Vyner Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Kinnair Associates Limited
 
Chartered Accountants
  
Aston House
Redburn Road
Newcastle upon Tyne
NE5 1NB
11 March 2025
Page 1

 
GEORGE VYNER HOLDINGS LIMITED
REGISTERED NUMBER: 10345694

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
298,519
301,258

Investments
 5 
984
984

  
299,503
302,242

Current assets
  

Debtors: amounts falling due within one year
 6 
5,563
8,923

Cash at bank and in hand
  
22,154
16,829

  
27,717
25,752

Creditors: amounts falling due within one year
 7 
(2,590)
(2,494)

Net current assets
  
 
 
25,127
 
 
23,258

Total assets less current liabilities
  
324,630
325,500

  

Net assets
  
324,630
325,500


Capital and reserves
  

Called up share capital 
  
984
984

Profit and loss account
  
323,646
324,516

  
324,630
325,500


Page 2

 
GEORGE VYNER HOLDINGS LIMITED
REGISTERED NUMBER: 10345694
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 March 2025.




Mr R M Dacosta
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
GEORGE VYNER HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

George Vyner Holdings Limited is a private company limited by shares incorporated in England and Wales (no. 10345694). The registered office is 4 The Croft, Leazes Lane, Hexham, Northumberland, NE46 3RL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. 
Monetary amounts in these financial statements are rounded to the nearest £.

 
2.2

Revenue

Turnover is recognised at the fair value of the consideration received or receivable for holiday lettings on an occupancy basis.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the Company assesses whether there is any indication of impairment of the value of the freehold property. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following bases:.


Fixtures and fittings
-
20%
straight line
Computer equipment
-
50%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
GEORGE VYNER HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any 
accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and 
operating policies of the entity so as to obtain benefits from its activities. 

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 5

 
GEORGE VYNER HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Tangible fixed assets





Freehold property
Fixtures and fittings
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 October 2023
292,174
29,083
720
321,977


Additions
-
350
-
350



At 30 September 2024

292,174
29,433
720
322,327



Depreciation


At 1 October 2023
189
19,810
720
20,719


Charge for the year on owned assets
189
2,900
-
3,089



At 30 September 2024

378
22,710
720
23,808



Net book value



At 30 September 2024
291,796
6,723
-
298,519



At 30 September 2023
291,985
9,273
-
301,258


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 October 2023
984



At 30 September 2024
984




Page 6

 
GEORGE VYNER HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
5,150
8,569

Prepayments and accrued income
413
354

5,563
8,923



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
310
310

Accruals and deferred income
2,280
2,184

2,590
2,494


 
Page 7