ACCOUNTS - Final Accounts preparation

Company Registration Number: 12370244

VESTBROWN FAMILY INVESTMENTS LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

31 DECEMBER 2024

VESTBROWN FAMILY INVESTMENTS LIMITED

REGISTERED NUMBER: 12370244

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	959,507		706,507
Cash at bank and in hand		868		1,784
		960,375		708,291
Creditors: amounts falling due within one year	5	(1,013,362)		(737,598)
Net current liabilities			(52,987)		(29,307)
Total assets less current liabilities			(52,987)		(29,307)

Net liabilities			(52,987)		(29,307)

Capital and reserves
Called up share capital	7	7
Profit and loss account	(52,994)	(29,314)
	(52,987)	(29,307)

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 year 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 financial statements have been prepared 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 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 comprehensive income 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:

................................................

Mr M F Hogan

Director

Date: 29 September 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1

VESTBROWN FAMILY INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is Dere Street House, Bowburn North Industrial Estate, Bowburn, Durham, DH6 5PF United Kingdom.

2.Accounting policies

2.1

Basis of preparation of the financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

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 a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.4

Creditors

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

Employees

The average monthly number of employees, including the directors, during the year was as follows:

			2024	2023
			No.	No.


			0	0

Page 2

VESTBROWN FAMILY INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	2023
					£	£


Amounts owed by group undertakings	959,500	706,500
Other debtors	7	7
	959,507	706,507

5.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	660	-
Amounts owed to group undertakings	205,849	205,849
Accruals and deferred income	1,500	1,500
Other creditors	805,353	530,249
	1,013,362	737,598

Page 3