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REGISTERED NUMBER: 11927174 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Via Properties Holdings Limited

Via Properties Holdings Limited (Registered number: 11927174)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Via Properties Holdings Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: M T Taj
M N Taj





REGISTERED OFFICE: Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE





REGISTERED NUMBER: 11927174 (England and Wales)





ACCOUNTANTS: Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Via Properties Holdings Limited (Registered number: 11927174)

Balance Sheet
31 May 2024

31/5/24 31/5/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 888 1,093
Investment property 5 7,004,900 6,436,900
7,005,788 6,437,993

CURRENT ASSETS
Debtors 6 - 32,500
Cash at bank 56,323 104,676
56,323 137,176
CREDITORS
Amounts falling due within one year 7 72,516 58,990
NET CURRENT (LIABILITIES)/ASSETS (16,193 ) 78,186
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,989,595

6,516,179

CREDITORS
Amounts falling due after more than one year 8 (5,031,674 ) (4,720,761 )

PROVISIONS FOR LIABILITIES (357,205 ) (338,907 )
NET ASSETS 1,600,716 1,456,511

CAPITAL AND RESERVES
Called up share capital 9 5,000 5,000
Fair value reserve 10 1,522,822 1,444,812
Retained earnings 72,894 6,699
SHAREHOLDERS' FUNDS 1,600,716 1,456,511

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Via Properties Holdings Limited (Registered number: 11927174)

Balance Sheet - continued
31 May 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by:





M T Taj - Director


Via Properties Holdings Limited (Registered number: 11927174)

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

1. STATUTORY INFORMATION

Via Properties Holdings 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

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

Via Properties Holdings Limited (Registered number: 11927174)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 2,591
DEPRECIATION
At 1 June 2023 1,498
Charge for year 205
At 31 May 2024 1,703
NET BOOK VALUE
At 31 May 2024 888
At 31 May 2023 1,093

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023 6,436,900
Additions 471,692
Revaluations 96,308
At 31 May 2024 7,004,900
NET BOOK VALUE
At 31 May 2024 7,004,900
At 31 May 2023 6,436,900

During the period the directors updated the market value of the investment properties.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Other debtors - 32,500

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Bank loans and overdrafts 10,054 10,054
Taxation and social security 14,008 5,082
Other creditors 48,454 43,854
72,516 58,990

Via Properties Holdings Limited (Registered number: 11927174)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/5/24 31/5/23
£    £   
Bank loans 3,340,425 2,775,735
Other creditors 1,691,249 1,945,026
5,031,674 4,720,761

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,313,359 2,748,669

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/5/24 31/5/23
value: £    £   
100 Ordinary 50 5,000 5,000

10. RESERVES
Fair
value
reserve
£   
At 1 June 2023 1,444,812
Fair value adjustment on investment properties 78,010

At 31 May 2024 1,522,822

11. RELATED PARTY DISCLOSURES

Included in creditors falling due after 1 year as at the balance sheet date, was an amount due to Via Property Investments Ltd totalling £786,079 (2023: £1,048,304).

Included in creditors falling due after 1 year as at the balance sheet date, is a loan due to the directors totalling £786,753 (2023: £786,753).