for the Period Ended 28 February 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 28 February 2025
Principal activities of the company
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
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 28 February 2025
Basis of measurement and preparation
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 28 February 2025
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for the Period Ended 28 February 2025
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for the Period Ended 28 February 2025
for the Period Ended 28 February 2025
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