REGISTERED NUMBER: 03634889 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

VAN EAST ASSOCIATES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M B Sullivan

REGISTERED OFFICE:

Unit 2.02

High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

REGISTERED NUMBER:

03634889 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02 High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

FIXED ASSETS

Tangible assets

4

655

1,383

CURRENT ASSETS

Debtors

5

2,932

130,524

Cash at bank

880

1,034

3,812

131,558

CREDITORS

Amounts falling due within one year

6

7,822

150,644

NET CURRENT LIABILITIES

(4,010

)

(19,086

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,355

)

(17,703

)

CREDITORS

Amounts falling due after more than one year

7

23,325

28,287

NET LIABILITIES

(26,680

)

(45,990

)

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

(26,682

)

(45,992

)

SHAREHOLDERS' FUNDS

(26,680

)

(45,990

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 November 2025 and were signed by:

Mr M B Sullivan - Director

1.	STATUTORY INFORMATION

Van East Associates 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.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

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. The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

GOING CONCERN

The financial statements have been prepared on the going concern basis based on the continued support of the company's creditors which, in the opinion of the directors, the company has for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 March 2024

15,644

19,728

35,372

Disposals

(14,042

)

(18,172

)

(32,214

)

At 28 February 2025

1,602

1,556

3,158

Depreciation

At 1 March 2024

14,743

19,246

33,989

Charge for year

218

482

700

Eliminated on disposal

(14,014

)

(18,172

)

(32,186

)

At 28 February 2025

947

1,556

2,503

Net book value

At 28 February 2025

655

-

655

At 29 February 2024

901

482

1,383

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,932

130,524

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 8)

4,915

4,915

Trade creditors

1,200

1,753

Taxation and social security

-

2

Other creditors

1,707

143,974

7,822

150,644

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 8)

23,325

28,287

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

18,410

23,372

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

4,915

4,915

Amounts falling due between one and two years:

Bank loans - 1-2 years

4,915

4,915

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

18,410

23,372

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2