Company Registration No. 08283654 (England and Wales)
Vousden Property Services Ltd
Unaudited accounts
for the year ended 31 March 2025
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Vousden Property Services Ltd
for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Vousden Property Services Ltd for the year ended
31 March 2025 as set out on pages
3 -
6 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Vousden Property Services Ltd, as a body, in accordance with the terms of our engagement letter dated 31 March 2025. Our work has been undertaken solely to prepare for your approval the accounts of Vousden Property Services Ltd and state those matters that we have agreed to state to the Board of Directors of Vousden Property Services Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Vousden Property Services Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Vousden Property Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Vousden Property Services Ltd. You consider that Vousden Property Services Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Vousden Property Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Dove Accountants Limited
Chartered Certified Accountants
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
17 November 2025
Vousden Property Services Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
229,210
222,490
Investment property
280,425
280,425
Cash at bank and in hand
408,708
1,020,285
Creditors: amounts falling due within one year
(315,838)
(186,169)
Net current assets
494,056
1,239,422
Total assets less current liabilities
1,003,691
1,742,337
Provisions for liabilities
Deferred tax
(26,293)
(23,850)
Net assets
977,398
1,718,487
Called up share capital
100
100
Profit and loss account
977,298
1,718,387
Shareholders' funds
977,398
1,718,487
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 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 17 November 2025 and were signed on its behalf by
Stephen Vousden
Director
Company Registration No. 08283654
Vousden Property Services Ltd
Notes to the Accounts
for the year ended 31 March 2025
Vousden Property Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 08283654. The registered office is 7 Kingswood, Kidsgrove, Stoke On Trent, Staffordshire, ST7 4UX, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
2% straight line basis on buildings
Plant & machinery
25% reducing balance basis
Computer equipment
33.3% straight line basis
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Vousden Property Services Ltd
Notes to the Accounts
for the year ended 31 March 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
157,611
179,604
3,804
341,019
Additions
-
41,705
-
41,705
At 31 March 2025
157,611
221,309
3,804
382,724
At 1 April 2024
30,520
84,832
3,177
118,529
Charge for the year
3,052
31,515
418
34,985
At 31 March 2025
33,572
116,347
3,595
153,514
At 31 March 2025
124,039
104,962
209
229,210
At 31 March 2024
127,091
94,772
627
222,490
Fair value at 1 April 2024
280,425
The fair value of the investment property has been determined by the directors. The valuation was based on the director’s knowledge of the local property market, recent comparable transactions, and the condition and location of the property. No independent professional valuation was obtained.
Amounts falling due within one year
Trade debtors
391,183
397,450
Amounts due from group undertakings etc.
266
-
Vousden Property Services Ltd
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
42,924
31,279
Taxes and social security
250,051
123,257
Other creditors
22,863
31,633
8
Average number of employees
During the year the average number of employees was 11 (2024: 11).