64-65 VINCENT SQUARE LIMITED

Company Registration Number:
03154428 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

64-65 VINCENT SQUARE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

64-65 VINCENT SQUARE LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 139,689 166,127
Investments: 4 16,750,000 16,750,000
Total fixed assets: 16,889,689 16,916,127
Current assets
Debtors:   2,011,748 1,764,152
Cash at bank and in hand: 376,384 404,281
Total current assets: 2,388,132 2,168,433
Creditors: amounts falling due within one year:   (4,310,067) (4,085,126)
Net current assets (liabilities): (1,921,935) (1,916,693)
Total assets less current liabilities: 14,967,754 14,999,434
Creditors: amounts falling due after more than one year:   (4,704,970) (4,455,235)
Total net assets (liabilities): 10,262,784 10,544,199
Capital and reserves
Called up share capital: 4,468,000 4,468,000
Revaluation reserve:53,712,3433,712,343
Profit and loss account: 2,082,441 2,363,856
Shareholders funds: 10,262,784 10,544,199

The notes form part of these financial statements

64-65 VINCENT SQUARE LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 September 2025
and signed on behalf of the board by:

Name: Anastasia O'Sullivan
Status: Director

The notes form part of these financial statements

64-65 VINCENT SQUARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

64-65 VINCENT SQUARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

64-65 VINCENT SQUARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 861,676
At 31 December 2024 861,676
Depreciation
At 01 January 2024 695,549
Charge for year 26,438
At 31 December 2024 721,987
Net book value
At 31 December 2024 139,689
At 31 December 2023 166,127

64-65 VINCENT SQUARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

Investment property is carried at fair value by the director with support from external valuers. The valuation is derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss. Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis Fixtures and fittings from 3 to 25 years. The assets residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

64-65 VINCENT SQUARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Revaluation reserve

2024
£
Balance at 01 January 2024 3,712,343
Surplus or deficit after revaluation 0
Balance at 31 December 2024 3,712,343

64-65 VINCENT SQUARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Related party transactions

Name of the related party:
Relationship:
The immediate parent company
Description of the Transaction: The transaction was a financial loan.
£
Balance at 01 January 2024 3,831,580
Balance at 31 December 2024 3,831,580