Company Registration No. 14429281 (England and Wales)
VASEY LTD
Unaudited accounts
for the year ended 31 October 2024
VASEY LTD
Unaudited accounts
Contents
VASEY LTD
Company Information
for the year ended 31 October 2024
Director
Mr Ryan Ilmi Vasey
Company Number
14429281 (England and Wales)
Registered Office
HOPE STREET XCHANGE
C/O OFFICE 516
SUNDERLAND
TYNE AND WEAR
SR1 3QD
ENGLAND
VASEY LTD
Statement of financial position
as at 31 October 2024
Investment property
51,474
51,474
Cash at bank and in hand
342
350
Creditors: amounts falling due within one year
(52,908)
(51,724)
Net current liabilities
(52,566)
(51,374)
Net (liabilities)/assets
(1,092)
100
Called up share capital
100
100
Profit and loss account
(1,192)
-
Shareholders' funds
(1,092)
100
For the year ending 31 October 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 his 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 14 July 2025 and were signed on its behalf by
Mr Ryan Ilmi Vasey
Director
Company Registration No. 14429281
VASEY LTD
Notes to the Accounts
for the year ended 31 October 2024
VASEY LTD is a private company, limited by shares, registered in England and Wales, registration number 14429281. The registered office is HOPE STREET XCHANGE, C/O OFFICE 516, SUNDERLAND, TYNE AND WEAR, SR1 3QD, 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 included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 November 2023
51,474
Investment property has been valued at fair value based on estimates by the directors.
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
130
130
Other creditors
23,500
50,500
Loans from directors
28,572
74
6
Transactions with related parties
Amount due to related party
2024- £28,572
2023- £74
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).