ACCOUNTS - Final Accounts preparation



	VDP Fashion Holdings Limited












	Unaudited
	Financial statements

	For the period ended 31 December 2024

	Registered number: 15791120


VDP Fashion Holdings Limited - Registered number:15791120

Statement of financial position

As at 31 December 2024

	2024	2024
Note	£	£

Fixed assets
Investments	4		8,787,162
			8,787,162
Current assets
Debtors	5	1,670,151
Cash at bank and in hand		2,805
		1,672,956
Creditors: amounts falling due within one year	6	(8,480,095)
Net current liabilities			(6,807,139)
Total assets less current liabilities			1,980,023

Net assets			1,980,023

Capital and reserves
Share capital			2,190,531
Profit and loss account			(210,508)
			1,980,023

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 period 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 company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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VDP Fashion Holdings Limited - Registered number:15791120

Statement of financial position (continued)

As at 31 December 2024

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:

D Goei

Director

Date: 26 September 2025

The notes on pages 3 to 5 form part of these financial statements.

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VDP Fashion Holdings Limited

Notes to the financial statements

For the period ended 31 December 2024

1.	General information

The company is a private company limited by shares and is incorporated in England and Wales. The registered office of the company is C/O Buzzacott LLP, 130 Wood Street, London, EC2V 6DL. The company registration number is 15791120.

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 Section 1A of Financial Reporting Standard 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.
The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The company, 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.

2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

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VDP Fashion Holdings Limited

Notes to the financial statements

For the period ended 31 December 2024

2.Accounting policies (continued)

2.3

Foreign currency translation (continued)

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at agreed rates on the carrying amount.

2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.8

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.10

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from related parties and other third parties and loans to related parties.

3.	Employees
	The average monthly number of employees during the period was nil.

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VDP Fashion Holdings Limited

Notes to the financial statements

For the period ended 31 December 2024

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	Additions	8,787,162
	At 31 December 2024	8,787,162

Debtors

					2024
					£


	Amounts owed by group undertakings	1,670,151
		1,670,151

6.	Creditors: amounts falling due within one year
		2024
		£

	Other creditors	8,473,015
	Accruals	7,080
		8,480,095

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