V.P.Property Development Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 07131867

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,095		2,912

			2,095		2,912
CURRENT ASSETS
Debtors	5	30,690		23,576
Cash at bank and in hand		13,694		2,182

		44,384		25,758
Creditors: Amounts Falling Due Within One Year	6	(68,484 )		(52,462 )

NET CURRENT ASSETS (LIABILITIES)			(24,100 )		(26,704 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(22,005 )		(23,792 )

Creditors: Amounts Falling Due After More Than One Year	7		(19,425 )		(24,057 )

NET LIABILITIES			(41,430 )		(47,849 )

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			(41,431 )		(47,850 )

SHAREHOLDERS' FUNDS			(41,430)		(47,849)

Page 1

Page 2

V.P.Property Development Limited

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms M Somosiova

Director

10th December 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

V.P.Property Development Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07131867 . The registered office is 139-141 Watling Street, Gillingham, Kent, ME7 2YY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The accounts have been prepared on the basis of going concern. This basis may not be appropriate because the company had , at 31st January 2025, net liabilities of £41,430 (2024 £47,849). The validity of the going concern basis is dependent upon the continued support ofthe comapny director and ordinary creditors.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% R.B
Fixtures & Fittings	25% R.B
Computer Equipment	33% R.B

2.4. Financial Instruments

The company only enters into basic financial instruments 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.

2.5. Debtors

Short term debtors are measured at transaction price, less any impairment.

2.6. Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions.

2.7. Creditors

Short term creditors are measured at the transaction price.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 6)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 February 2024	7,000	331	3,399	10,730

As at 31 January 2025	7,000	331	3,399	10,730

Depreciation
As at 1 February 2024	5,339	191	2,288	7,818
Provided during the period	415	35	367	817

As at 31 January 2025	5,754	226	2,655	8,635

...CONTINUED

Page 3

Page 4

V.P.Property Development Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

Net Book Value
As at 31 January 2025	1,246	105	744	2,095

As at 1 February 2024	1,661	140	1,111	2,912

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	30,690	23,576

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	2	-
Other creditors	68,482	52,437
Taxation and social security	-	25

	68,484	52,462

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	19,425	24,057

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

Page 4