Company Registration No. 12324365 (England and Wales)
Vanmark Developments Ltd
Unaudited accounts
for the year ended 31 March 2025
Vanmark Developments Ltd
Unaudited accounts
Contents
Vanmark Developments Ltd
Company Information
for the year ended 31 March 2025
Company Number
12324365 (England and Wales)
Registered Office
17 Black Bourton Road
Oxfordshire
Accountants
Crescent Accountancy Solutions Ltd
17 Black Bourton Road
Carterton
Oxfordshire
OX18 3HQ
Vanmark Developments Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
4,479
8,134
Cash at bank and in hand
6,331
779
Creditors: amounts falling due within one year
(2,187,454)
(1,995,850)
Net current liabilities
(1,888,246)
(1,754,301)
Total assets less current liabilities
(1,883,767)
(1,746,167)
Creditors: amounts falling due after more than one year
3,210,000
3,210,000
Net assets
1,326,233
1,463,833
Called up share capital
100
100
Revaluation reserve
3,210,000
3,210,000
Profit and loss account
(1,883,867)
(1,746,267)
Shareholders' funds
1,326,233
1,463,833
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 October 2025 and were signed on its behalf by
Mark Taylor
Director
Company Registration No. 12324365
Vanmark Developments Ltd
Notes to the Accounts
for the year ended 31 March 2025
Vanmark Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 12324365. The registered office is 17 Black Bourton Road, Oxfordshire.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Over 3 years
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Amounts due from group undertakings etc.
272,877
220,770
Other debtors
20,000
20,000
Vanmark Developments Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
10,957
10,898
Other creditors
1,739,029
1,796,203
Loans from directors
436,208
187,489
7
Creditors: amounts falling due after more than one year
2025
2024
Deferred income
(3,210,000)
(3,210,000)
8
Transactions with related parties
At year end, the company owed the sum of £436,208 to the director Mr Mark Taylor. (FY:2024 - £187,489).
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).