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Company Registration No. 06548881 (England and Wales)
Victoria Apartments Limited Unaudited accounts for the year ended 31 December 2024
Victoria Apartments Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Victoria Apartments Limited Company Information for the year ended 31 December 2024
Directors
M MacKay J K Wilson A J Demosthenous J R Wilson
Company Number
06548881 (England and Wales)
Registered Office
33 Princes Crescent Morecambe Lancashire LA4 6BY England
Accountants
Meta Tax Limited 33 Princes Crescent Bare Morecambe LA4 6BY
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Victoria Apartments Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
21,437 
22,976 
Investment property
5
2,882,237 
2,876,837 
2,903,674 
2,899,813 
Current assets
Debtors
6
90,275 
94,849 
Cash at bank and in hand
97,765 
26,179 
188,040 
121,028 
Creditors: amounts falling due within one year
7
(538,670)
(545,656)
Net current liabilities
(350,630)
(424,628)
Total assets less current liabilities
2,553,044 
2,475,185 
Provisions for liabilities
Deferred tax
(11,240)
(11,240)
Net assets
2,541,804 
2,463,945 
Capital and reserves
Called up share capital
100 
100 
Share premium
4,052,872 
4,052,872 
Profit and loss account
(1,511,168)
(1,589,027)
Shareholders' funds
2,541,804 
2,463,945 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 1 September 2025 and were signed on its behalf by
M MacKay Director Company Registration No. 06548881
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Victoria Apartments Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Victoria Apartments Limited is a private company, limited by shares, registered in England and Wales, registration number 06548881. The registered office is 33 Princes Crescent, Morecambe, Lancashire, LA4 6BY, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance basis
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
71,929 
1,149 
73,078 
Additions
2,365 
- 
2,365 
At 31 December 2024
74,294 
1,149 
75,443 
Depreciation
At 1 January 2024
49,366 
736 
50,102 
Charge for the year
3,739 
165 
3,904 
At 31 December 2024
53,105 
901 
54,006 
Net book value
At 31 December 2024
21,189 
248 
21,437 
At 31 December 2023
22,563 
413 
22,976 
5
Investment property
2024 
£ 
Fair value at 1 January 2024
2,876,837 
Additions
5,400 
At 31 December 2024
2,882,237 
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Victoria Apartments Limited Notes to the Accounts for the year ended 31 December 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
197 
2,469 
Amounts due from group undertakings etc.
3,830 
3,830 
Other debtors
86,248 
88,550 
90,275 
94,849 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
7,260 
- 
Other creditors
627 
3,353 
Loans from directors
523,270 
539,803 
Accruals
7,513 
2,500 
538,670 
545,656 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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