Company Registration No. 13443877 (England and Wales)
Vass Estates Limited
Unaudited accounts
for the year ended 30 June 2024
Vass Estates Limited
Unaudited accounts
Contents
Vass Estates Limited
Company Information
for the year ended 30 June 2024
Director
Mrs Sarina Sandhu
Company Number
13443877 (England and Wales)
Registered Office
Post Box
51 Waterloo Road
Wolverhampton
West Midlands
WV1 4QJ
England
Vass Estates Limited
Statement of financial position
as at 30 June 2024
Called up share capital not paid
1
1
Investment property
224,282
103,000
Cash at bank and in hand
3,150
-
Creditors: amounts falling due within one year
(42,638)
(103,000)
Net current liabilities
(38,680)
(103,000)
Total assets less current liabilities
185,603
1
Creditors: amounts falling due after more than one year
(188,468)
-
Net (liabilities)/assets
(2,865)
1
Called up share capital
1
1
Profit and loss account
(2,866)
-
Shareholders' funds
(2,865)
1
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 March 2025 and were signed on its behalf by
Mrs Sarina Sandhu
Director
Company Registration No. 13443877
Vass Estates Limited
Notes to the Accounts
for the year ended 30 June 2024
Vass Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 13443877. The registered office is Post Box, 51 Waterloo Road, Wolverhampton, West Midlands, WV1 4QJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is measured initially at cost, which included purchase price and directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
As investment property was acquired in more recent years, the director is of the opinion that cost equates to fair value.
Fair value at 1 July 2023
103,000
Amounts falling due within one year
Accrued income and prepayments
208
-
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
40,538
103,000
Vass Estates Limited
Notes to the Accounts
for the year ended 30 June 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
103,000
-
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).