VETERANS4HIRE PROPERTY SOLUTIONS LTD

Company Registration Number:
12483982 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2025

Period of accounts

Start date: 29 February 2024

End date: 28 February 2025

VETERANS4HIRE PROPERTY SOLUTIONS LTD

Contents of the Financial Statements

for the Period Ended 28 February 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

VETERANS4HIRE PROPERTY SOLUTIONS LTD

Directors' report period ended 28 February 2025

The directors present their report with the financial statements of the company for the period ended 28 February 2025

Principal activities of the company

The principal activity of the company in the year under review was that of Property Rental.

Additional information

Registered Number: 12483982 Notes to the Financial Statements For Year Ending 28 Feb 2025 1. Statutory Information Veterans4hire Property Solutions Ltd is a private company, limited by shares, registered in England and Wales. The company's registration and registered office 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. Tangible Fixed Assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Freehold property: Nil Non-leasehold: Nil 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 balance sheet date. Deferred Tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing differences. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Hire Purchase and Leasing Commitments Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. Going Concern The company meets its day to day working capital requirements through a loan provided by the directors of the company. They will continue to support the company in this way until such time as profits are made. 3. Employees and Directors The average number of employees during the year was Nil. 4. Tangible Fixed Assets Cost At 1 March 2024: 238,359 Additions: 10,100 Disposals: 0 At 28 February 2025: 248,459 Net Book Value At 28 February 2025 At 28 February 2024 5. Debtors: Amounts falling due within one year Debtors: 2,025 Amounts owed by group undertakings: 224 Other debtors: 1,962 Total debtors: 2,186 6. Creditors: Amounts falling due within one year Trade creditors: 0 Amounts owed to group undertakings: 4,464 Other creditors: 981 Directors accounts: 86,334 Deferred income: 0 Accrued expenses: 1,937 Total creditors due within one year: 93,716 7. Creditors: Amounts falling due after more than one year Other loans - 2 to 5 years: Mortgage 1: 99,097 Mortgage 2: 99,097 Loan 1: 8,991 Loan 2: 9,279 Total: 216,464 8. Directors' advances, credits and guarantees Balance outstanding at start of year: -82,047 Amounts advanced: -10,100 Amounts repaid: 5,237 Amounts written off: 0 Amounts waived: 0 Balance outstanding at end of year: -86,910



Directors

The directors shown below have held office during the whole of the period from
29 February 2024 to 28 February 2025

Mr MD Towers
Mrs M Hayfield


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
28 November 2025

And signed on behalf of the board by:
Name: Mr MD Towers
Status: Director

VETERANS4HIRE PROPERTY SOLUTIONS LTD

Profit And Loss Account

for the Period Ended 28 February 2025

2025 2024


£

£
Turnover: 19,800 17,702
Cost of sales: ( 11,004 ) ( 12,406 )
Gross profit(or loss): 8,796 5,296
Operating profit(or loss): 8,796 5,296
Interest payable and similar charges: ( 10,342 ) ( 23,249 )
Profit(or loss) before tax: (1,546) (17,953)
Profit(or loss) for the financial year: (1,546) (17,953)

VETERANS4HIRE PROPERTY SOLUTIONS LTD

Balance sheet

As at 28 February 2025

Notes 2025 2024


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 248,459 238,359
Total fixed assets: 248,459 238,359
Current assets
Debtors: 4 0 2,186
Cash at bank and in hand: 113 816
Total current assets: 113 3,002
Creditors: amounts falling due within one year: 5 ( 93,716 ) ( 90,250 )
Net current assets (liabilities): (93,603) (87,248)
Total assets less current liabilities: 154,856 151,111
Creditors: amounts falling due after more than one year: 6 ( 216,464 ) ( 211,163 )
Total net assets (liabilities): (61,608) (60,052)
Capital and reserves
Called up share capital: 10 10
Profit and loss account: (61,618 ) (60,062 )
Total Shareholders' funds: ( 61,608 ) (60,052)

The notes form part of these financial statements

VETERANS4HIRE PROPERTY SOLUTIONS LTD

Balance sheet statements

For the year ending 28 February 2025 the company was entitled to exemption 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.

This report was approved by the board of directors on 27 November 2025
and signed on behalf of the board by:

Name: Mr MD Towers
Status: Director

The notes form part of these financial statements

VETERANS4HIRE PROPERTY SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    “Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life Freehold property: Nil Non-leasehold: Nil”

    Other accounting policies

    Basis of preparing the financial statements Taxation policy Deferred tax policy Hire purchase and leasing commitments policy Going concern policy

VETERANS4HIRE PROPERTY SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

VETERANS4HIRE PROPERTY SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 29 February 2024 238,359 238,359
Additions 10,100 10,100
Disposals
Revaluations
Transfers
At 28 February 2025 248,459 248,459
Depreciation
At 29 February 2024
Charge for year
On disposals
Other adjustments
At 28 February 2025
Net book value
At 28 February 2025 248,459 248,459
At 28 February 2024 238,359 238,359

VETERANS4HIRE PROPERTY SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

4. Debtors

2025 2024
£ £
Trade debtors 0 0
Prepayments and accrued income 0
Other debtors 0 2,186
Total 0 2,186

VETERANS4HIRE PROPERTY SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 0 0
Taxation and social security 0 0
Other creditors 93,716 90,250
Total 93,716 90,250

VETERANS4HIRE PROPERTY SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

6. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Other creditors 216,464 211,163
Total 216,464 211,163

VETERANS4HIRE PROPERTY SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

7. Financial Commitments

“Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease”

VETERANS4HIRE PROPERTY SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

8. Loans to directors

Name of director receiving advance or credit: Mr MD Towers
Description of the transaction:
TSB Loan
£
Balance at 28 February 2024 12,969
Advances or credits made:
Advances or credits repaid: 3,979
Balance at 28 February 2025 8,990

Name of director receiving advance or credit: Mr MD Towers
Description of the transaction:
TSB Loan 2
£
Balance at 28 February 2024
Advances or credits made: 10,000
Advances or credits repaid: 720
Balance at 28 February 2025 9,280

Name of director receiving advance or credit: Mr MD Towers
Description of the transaction:
Nat West Credit Card
£
Balance at 28 February 2024 4,850
Advances or credits made:
Advances or credits repaid: 538
Balance at 28 February 2025 4,312

Loan 2 was for urgent repairs to roof, the other are ongoing commitments when property purchased