ACCOUNTS - Final Accounts preparation

Company registration number: 09919859

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	VT ENTERPRISES LIMITED


VT ENTERPRISES LIMITED

COMPANY INFORMATION

Directors	K R Bhojwani
	V M Talreja


Registered number	09919859


Registered office	Ground Floor Office No 9
	Ritz Parade
	London
	W5 3RA


Accountants	Menzies LLP
	Chartered Accountants
	95 Gresham Street
	London
	EC2V 7AB


VT ENTERPRISES LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 4


VT ENTERPRISES LIMITED REGISTERED NUMBER:09919859

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Fixed assets
Investments	4		7,500		7,500
			7,500		7,500
Current assets
Debtors: amounts falling due within one year	5	524,344		525,878
Cash at bank and in hand		239		274
		524,583		526,152
Creditors: amounts falling due within one year	6	(565,663)		(565,043)
Net current liabilities			(41,080)		(38,891)
Total assets less current liabilities			(33,580)		(31,391)



Net assets excluding pension asset			(33,580)		(31,391)
Net liabilities			(33,580)		(31,391)

Capital and reserves
Called up share capital	1,000	1,000
Profit and loss account	(34,580)	(32,391)
	(33,580)	(31,391)

Page 1


VT ENTERPRISES LIMITED REGISTERED NUMBER:09919859

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 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 by:

K R Bhojwani

Director

Date: 28 August 2025

The notes on pages 3 to 4 form part of these financial statements.

Page 2


VT ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

VT Enterprises Limited is a private company, limited by shares, registered in England and Wales, registration number 09919859. The company's registered office and principal place of business is Ground Floor Office No 9, Ritz Parade, London, England, United Kingdom, W5 3RA.

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

The financial statements have been prepared on a going concern basis on the assumption that the company will continue to trade in the foreseeable future. The directors, having made appropriate enquiries, consider that adequate resources exist for the company to continue in operational existence for the foreseeable future and with the continued support of the company's ultimate shareholders, the company will be able to meet its liabilities as they fall due for payment. Therefore, the directors are of the opinion that it is appropriate to adopt the going concern basis in preparing the financial statements.

2.3

Exemption from preparing consolidated financial statements

VT Enterprises Limited, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Employees

The average monthly number of employees, including the directors, during the year was 2 (2023: 2).

Page 3


VT ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2024	7,500
	At 31 December 2024	7,500

	Net book value
	At 31 December 2024	7,500
	At 31 December 2023	7,500

Debtors

					2024	2023
					£	£


Amounts owed by group undertakings	524,344	525,878
	524,344	525,878

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Other creditors	564,663	561,588
Accruals and deferred income	1,000	3,455
	565,663	565,043

7.	Related party transactions
	As at year end, within other debtors there is an amount of £524,344 owed from the subsidiary, Keysone Limited. This loan is interest free.

Page 4