Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312025-05-29true2024-01-01property investment holding0false0falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13233640 2024-01-01 2024-12-31 13233640 2023-01-01 2023-12-31 13233640 2024-12-31 13233640 2023-12-31 13233640 c:Director1 2024-01-01 2024-12-31 13233640 d:FreeholdInvestmentProperty 2024-12-31 13233640 d:FreeholdInvestmentProperty 2023-12-31 13233640 d:FreeholdInvestmentProperty 2 2024-01-01 2024-12-31 13233640 d:CurrentFinancialInstruments 2024-12-31 13233640 d:CurrentFinancialInstruments 2023-12-31 13233640 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 13233640 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13233640 d:ShareCapital 2024-12-31 13233640 d:ShareCapital 2023-12-31 13233640 d:OtherMiscellaneousReserve 2024-12-31 13233640 d:OtherMiscellaneousReserve 2023-12-31 13233640 d:RetainedEarningsAccumulatedLosses 2024-12-31 13233640 d:RetainedEarningsAccumulatedLosses 2023-12-31 13233640 c:OrdinaryShareClass1 2024-01-01 2024-12-31 13233640 c:OrdinaryShareClass1 2024-12-31 13233640 c:OrdinaryShareClass1 2023-12-31 13233640 c:FRS102 2024-01-01 2024-12-31 13233640 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13233640 c:FullAccounts 2024-01-01 2024-12-31 13233640 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13233640 f:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13233640














VINCENT AB HOLDINGS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

 
VINCENT AB HOLDINGS LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 4


 
VINCENT AB HOLDINGS LIMITED
REGISTERED NUMBER:13233640

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
1,220,204
1,425,534

Current assets
  

Debtors: amounts falling due within one year
 5 
56,483
22,161

Bank and cash balances
  
110,905
120,082

  
167,388
142,243

Current liabilites
  

Creditors: amounts falling due within one year
 6 
(1,440,984)
(1,458,228)

Net current liabilities
  
 
 
(1,273,596)
 
 
(1,315,985)

Net (liabilities)/assets
  
(53,392)
109,549


Capital and reserves
  

Called up share capital 
 7 
1
1

Other reserves
  
(205,330)
-

Profit and loss account
  
151,937
109,548

  
(53,392)
109,549


The director considers 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 director acknowledges his 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 comprehensive income 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 29 May 2025.




M R Freud
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
VINCENT AB HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Vincent AB Holdings Limited is a private company, limited by shares, registered in England and Wales with its registered office at 1 Stephen Street, London, England, W1T 1AL. 

The principal activity of the Company is that of property investment. 
The functional and presentational reporting currency is £ Sterling.

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 following principal accounting policies have been applied:

 
2.2

Going concern

Because of the fall in value of the investment property the Company made a loss for the year and had net liabilities at the year end. The director is satisfied that rental income will be sufficient to meet ongoing running costs for at 12 months from the date of his approval of these financial statements. Therefore, he considers it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Turnover

Turnover comprises rent and recharged property costs exclusive of Value Added Tax, and is recognised in the period to which they relate. 

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.5

Investment property

Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at the transaction price.

Page 2

 
VINCENT AB HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.8

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).


4.


Investment property


Freehold investment property

£



Valuation


At 1 January 2024
1,425,534


Fall in fair value
(205,330)



At 31 December 2024
1,220,204

The 2024 valuations were made by the director, on an open market value for existing use basis.





5.


Debtors

2024
2023
£
£

Other debtors
48,926
2,331

Prepayments and accrued income
7,557
19,830

56,483
22,161


Page 3

 
VINCENT AB HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
2,750
1,496

Taxation and social security
10,181
16,263

Other creditors
1,426,148
1,439,376

Accruals and deferred income
1,905
1,093

1,440,984
1,458,228



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1
1
1


 
Page 4