Vickery Conveyancing Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07013792

Vickery Conveyancing Limited

Filleted Unaudited Financial Statements

31 December 2024

Vickery Conveyancing Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Accounting policies	4

Notes to the financial statements	6

Vickery Conveyancing Limited

Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Vickery Conveyancing Limited

Year ended 31 December 2024

As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 December 2024, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

BODDINGTON & COMPANY LIMITED Chartered Certified Accountants

3 Churchmeadows Bulford Road Shipton Bellinger Tidworth Hampshire SP9 7RL

19 September 2025

Vickery Conveyancing Limited

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Fixed assets

Tangible assets	4		10,280	17,916

Current assets

Debtors	5	46,161	39,828
Cash at bank and in hand		127,666	78,300
		---------	---------
		173,827	118,128

Creditors: amounts falling due within one year	6	69,497		58,604
		---------		---------
Net current assets			104,330	59,524
			---------	--------
Total assets less current liabilities			114,610	77,440

Provisions	2,570	4,475
	---------	--------
Net assets	112,040	72,965
	---------	--------

Capital and reserves

Called up share capital	110	110
Share premium account	24,990	24,990
Profit and loss account	86,940	47,865
	---------	--------
Shareholders funds	112,040	72,965
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Vickery Conveyancing Limited

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 18 September 2025 , and are signed on behalf of the board by:

Mrs J Brady Director

Company registration number: 07013792

Vickery Conveyancing Limited

Accounting Policies

Year ended 31 December 2024

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover, which is stated net of Value Added Tax, is recognised as income upon legal completion of the transaction.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	20 - 33.3% per annum on cost

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

Vickery Conveyancing Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 75 - 79 Park Street, Camberley, GU15 3PE, Surrey.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Particulars of employees

The average number of persons employed by the company during the year amounted to 7 (2023: 8 ).

4. Tangible assets

	Fixtures and fittings	Total
	£	£
Cost
At 1 January 2024	84,574	84,574
Additions	675	675
Disposals	( 30,326)	( 30,326)
	--------	--------
At 31 December 2024	54,923	54,923
	--------	--------
Depreciation
At 1 January 2024	66,658	66,658
Charge for the year	8,311	8,311
Disposals	( 30,326)	( 30,326)
	--------	--------
At 31 December 2024	44,643	44,643
	--------	--------
Carrying amount
At 31 December 2024	10,280	10,280
	--------	--------
At 31 December 2023	17,916	17,916
	--------	--------

5. Debtors

	2024	2023
	£	£
Trade debtors	19,977	18,351
Other debtors	26,184	21,477
	--------	--------
	46,161	39,828
	--------	--------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors and accruals	28,933	24,372
Other creditors	40,564	34,232
	--------	--------
	69,497	58,604
	--------	--------