VIP Investments (Rainham) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08983235 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

VIP Investments (Rainham) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D T W Andrews

REGISTERED OFFICE:

Unit 7 Invicta Park

New Hythe Lane

Larkfield

Aylesford

Kent

ME20 7FG

REGISTERED NUMBER:

08983235 (England and Wales)

ACCOUNTANTS:

CWF & Partners Ltd

Chartered Accountants

Freedman House

Christopher Wren Yard

117 High Street

Croydon

Surrey

CR0 1QG

FIXED ASSETS

Investment property

5

1,641,906

CURRENT ASSETS

Debtors

6

899,281

947,714

Cash at bank

25

20,477

899,306

968,191

CREDITORS

Amounts falling due within one year

7

941,375

762,221

NET CURRENT (LIABILITIES)/ASSETS

(42,069

)

205,970

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,599,837

1,847,876

CREDITORS

Amounts falling due after more than one
year

8

-

404,639

NET ASSETS

1,599,837

1,443,237

CAPITAL AND RESERVES

Called up share capital

300

Share premium

51,800

Retained earnings

1,547,737

1,391,137

SHAREHOLDERS' FUNDS

1,599,837

1,443,237

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 October 2025 and were signed by:

D T W Andrews - Director

1.	STATUTORY INFORMATION

VIP Investments (Rainham) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the recognition of certain financial assets and liabilities measured at fair value.

Turnover

Turnover represents the total rent receivable in the year.

Investment property

The investment properties are stated at cost, which is a departure from FRS 102. The directors consider that there is inevitably a degree of judgement in valuing properties of this nature. This can only be reliably measured when tested in the market itself as there is an absence of local market evidence. For this reason the directors consider the adoption of the cost model as the best method to provide a reliable measure and to provide true and fair view for the financial statements.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2024

and 31 March 2025

1,641,906

NET BOOK VALUE

At 31 March 2025

1,641,906

At 31 March 2024

1,641,906

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

4,291

7,374

Other debtors

894,990

940,340

899,281

947,714

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

404,639

63,852

Trade creditors

7,021

37,526

Taxation and social security

239,005

207,563

Other creditors

290,710

453,280

941,375

762,221

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans

-

404,639

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

Bank loans

404,639

468,491

The bank loan is secured by way of a fixed and floating charge over the company's current and future assets.