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Registered Number: 10526316


 

 

 

VVV PROPERTIES LTD



Abridged Accounts
 


Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

VVV PROPERTIES LTD
Contents Page
For the year ended 31 December 2024
 
 		 Notes
 		 2024
£		   2023
£
Fixed assets      
Tangible fixed assets 3 641,169    565,154 
641,169    565,154 
Current assets      
Debtors 66,188    10,000 
Cash at bank and in hand 19,535    75,643 
85,723    85,643 
Creditors: amount falling due within one year (3,507)   (3,508)
Net current assets 82,216    82,135 
 
Total assets less current liabilities 723,385    647,289 
Creditors: amount falling due after more than one year (710,551)   (645,104)
Net assets 12,834    2,185 
 

Capital and reserves 		     
Called up share capital 4 10,000    10,000 
Profit and loss account 2,834    (7,815)
Shareholders' funds 12,834    2,185 
 


For the year ended 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:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 16 September 2025 and were signed on its behalf by:


-------------------------------
Manymoli NIMALRAJ
Director		-------------------------------
Nimalraj SIVASUBRAMANIAM
Director
1
General Information
VVV PROPERTIES LTD is a private company, limited by shares, registered in , registration number 10526316, registration address 18 EAST AVE, WALLINGTON , SM6 8PL.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Basis of Preparation
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 0% Reducing Balance
Plant and Machinery 30% Reducing Balance
Motor Vehicles 20% Reducing Balance
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Plant and Machinery   Motor Vehicles   Total
  £   £   £   £
At 01 January 2024 565,154    -    -    565,154 
Additions -    2,464    78,200    80,664 
Disposals -    -    -    - 
At 31 December 2024 565,154    2,464    78,200    645,818 
Depreciation
At 01 January 2024 -    -    -    - 
Charge for year -    739    3,910    4,649 
On disposals -    -    -    - 
At 31 December 2024 -    739    3,910    4,649 
Net book values
Closing balance as at 31 December 2024 565,154    1,725    74,290    641,169 
Opening balance as at 01 January 2024 565,154    -    -    565,154 


4.

Share Capital

Authorised
10,000 Class A shares of £1.00 each
Allotted, called up and fully paid
2024
£		   2023
£
10,000 Class A shares of £1.00 each 10,000    10,000 
10,000    10,000 

2