Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-28 2025-02-28 false true 1 false 1 2024-03-01 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11818069 2024-03-01 2025-02-28 11818069 2023-03-01 2024-02-29 11818069 2025-02-28 11818069 2024-02-29 11818069 c:Director1 2024-03-01 2025-02-28 11818069 d:CurrentFinancialInstruments 2025-02-28 11818069 d:CurrentFinancialInstruments 2024-02-29 11818069 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 11818069 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 11818069 d:ShareCapital 2025-02-28 11818069 d:ShareCapital 2024-02-29 11818069 d:RetainedEarningsAccumulatedLosses 2025-02-28 11818069 d:RetainedEarningsAccumulatedLosses 2024-02-29 11818069 c:OrdinaryShareClass1 2024-03-01 2025-02-28 11818069 c:OrdinaryShareClass1 2025-02-28 11818069 c:OrdinaryShareClass1 2024-02-29 11818069 c:FRS102 2024-03-01 2025-02-28 11818069 c:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 11818069 c:FullAccounts 2024-03-01 2025-02-28 11818069 c:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 11818069 e:PoundSterling 2024-03-01 2025-02-28 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11818069 V G N CONSTRUCTION LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 28 FEBRUARY 2025
V G N CONSTRUCTION LIMITED REGISTERED NUMBER: 11818069 BALANCE SHEET AS AT 28 FEBRUARY 2025
|  | 28 February |  | 29 February
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 227 |  | - |
Cash at bank and in hand |  | 53 |  | 851 |
|  | 280 |  | 851 |
Current liabilities |  |  |  |  |
Creditors: amounts falling due within one year | 5 | (355,501) |  | (359,721) |
Net liabilities |  |  | (355,221) |  | (358,870)
Capital and reserves |  |  |  |  |
Called up share capital | 6 |  | 100 |  | 100
Profit and loss account |  |  | (355,321) |  | (358,970)
|  |  | (355,221) |  | (358,870)
The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The Director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 November 2025.
................................................ Mr V G Nicholas
Director
The notes on pages 2 to 4 form part of these financial statements. Page 1
V G N CONSTRUCTION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
1. | General information
V G N Construction Limited is a private company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is Tennyson House, Cambridge Business Park, Cambridge, CB4 0WZ. The principal activity of the Company continued to be that of a security company until 1 May 2023 when it ceased to trade. As such, the Company had no principal activity 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The Company's functional and presentational currency is Pounds sterling. The level of rounding is to the nearest £. The following principal accounting policies have been applied:
| 2.2 | Going concern
The directors consider that the going concern basis is no longer appropriate for these financial statements. The company has ceased to trade. The directors have decided to prepare these accounts on a basis other than the going concern basis and therefore all assets have been restated to their fair value if less than the carrying value and all liabilities have been classified as due within one year. No other changes have been made.
| 2.3 | Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: Rendering of services Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably. Security income Security income is recognised on an accruals basis in the period to which it relates. Page 2
V G N CONSTRUCTION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 2.Accounting policies (continued)
| 2.4 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
| 2.5 | Debtors
Short-term debtors are measured at transaction price.
| 2.6 | Creditors
Short-term creditors are measured at the transaction price.
| 2.7 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objectives evidence of impairment is found an impairment loss is recognised in the Profit and Loss Account.
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
4. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 227 | -
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V G N CONSTRUCTION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
5. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 3,115 | 5,199
| Other taxation and social security | - | 7,593
| Other creditors | 349,386 | 344,229
| Accruals and deferred income | 3,000 | 2,700
|  | 355,501 | 359,721
6. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary Shares of £1.00 each | 100 | 100
7. | Related party transactions
| During the year the Company operated a loan account with its Director. The balance is shown within other creditors, as at 28 February 2025 the balance was £349,386 (2024 - £344,229). This balance is interest free and repayable on demand.
8. | Controlling party
The ultimate controlling party is Mr V G Nicholas by virtue of his 100% shareholding in V G N Construction Limited.
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