1 February 2024 false No description of principal activity Taxfiler 2024.6 13164732business:PrivateLimitedCompanyLtd2024-02-012025-01-31 131647322024-01-31 131647322024-02-012025-01-31 13164732business:AuditExemptWithAccountantsReport2024-02-012025-01-31 13164732business:FilletedAccounts2024-02-012025-01-31 131647322025-01-31 13164732business:Director12024-02-012025-01-31 13164732business:Director22024-02-012025-01-31 13164732business:Director32024-02-012025-01-31 13164732business:RegisteredOffice2024-02-012025-01-31 131647322024-01-31 13164732core:WithinOneYear2025-01-31 13164732core:WithinOneYear2024-01-31 13164732core:AfterOneYear2025-01-31 13164732core:AfterOneYear2024-01-31 13164732core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 13164732core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 13164732core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 13164732core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 13164732core:PreviouslyStatedAmount2025-01-31 13164732core:PreviouslyStatedAmount2024-01-31 13164732business:SmallEntities2024-02-012025-01-31 13164732countries:EnglandWales2024-02-012025-01-31 13164732core:FurnitureFittings2024-02-012025-01-31 13164732core:FurnitureFittings2024-01-31 13164732core:FurnitureFittings2025-01-31 131647322023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 13164732 (England and Wales)
VALIDAS PROPERTIES LTD Unaudited accounts for the year ended 31 January 2025
VALIDAS PROPERTIES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
VALIDAS PROPERTIES LTD Company Information for the year ended 31 January 2025
Directors
Steven Sowah Adjei Emmanuella Adjei Rebecca Adjei
Company Number
13164732 (England and Wales)
Registered Office
47 COLEGROVE ROAD LONDON SE15 6NQ ENGLAND
Accountants
Accomp Ltd 30 Saint Sampson Road Crawley RH11 9RW
- 3 -
VALIDAS PROPERTIES LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
79 
159 
Investment property
5
203,217 
186,906 
203,296 
187,065 
Current assets
Cash at bank and in hand
1,867 
11,869 
Creditors: amounts falling due within one year
6
(167,700)
(121,584)
Net current liabilities
(165,833)
(109,715)
Total assets less current liabilities
37,463 
77,350 
Creditors: amounts falling due after more than one year
7
(120,692)
(121,214)
Net liabilities
(83,229)
(43,864)
Capital and reserves
Called up share capital
30 
30 
Profit and loss account
(83,259)
(43,894)
Shareholders' funds
(83,229)
(43,864)
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 22 October 2025 and were signed on its behalf by
Steven Sowah Adjei Director Company Registration No. 13164732
- 4 -
VALIDAS PROPERTIES LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
VALIDAS PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13164732. The registered office is 47 COLEGROVE ROAD, LONDON, SE15 6NQ, ENGLAND.
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.
3
Accounting policies
These financial statements for the year ended 31 January 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
25% on straight line
- 5 -
VALIDAS PROPERTIES LTD Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2024
319 
At 31 January 2025
319 
Depreciation
At 1 February 2024
160 
Charge for the year
80 
At 31 January 2025
240 
Net book value
At 31 January 2025
79 
At 31 January 2024
159 
5
Investment property
2025 
£ 
Fair value at 1 February 2024
186,906 
Additions
16,311 
At 31 January 2025
203,217 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
7,299 
1,661 
Other creditors
1,818 
923 
Loans from directors
157,960 
118,537 
Accruals
623 
463 
167,700 
121,584 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
120,692 
121,214 
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
- 6 -