1 April 2024 v2025.80.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP30224652024-04-012025-03-3130224652025-03-3130224652024-03-313022465core:WithinOneYear2025-03-313022465core:WithinOneYear2024-03-313022465core:ShareCapital2025-03-313022465core:ShareCapital2024-03-313022465core:RetainedEarningsAccumulatedLosses2025-03-313022465core:RetainedEarningsAccumulatedLosses2024-03-313022465bus:Director12024-04-012025-03-3130224652023-04-012024-03-313022465core:PlantMachinery2025-03-313022465core:PlantMachinery2024-03-31302246512024-04-012025-03-313022465countries:EnglandWales2024-04-012025-03-313022465bus:AuditExemptWithAccountantsReport2024-04-012025-03-313022465bus:PrivateLimitedCompanyLtd2024-04-012025-03-313022465bus:SmallEntities2024-04-012025-03-313022465bus:FullAccounts2024-04-012025-03-31
Company registration number:
3022465
Vacation Club International Ltd
Unaudited Filleted Financial Statements for the year ended
31 March 2025
Cripps Dransfield
206 Upper Richmond Road West, London, SW14 8AH, United Kingdom
Vacation Club International Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Vacation Club International Ltd
Year ended
31 March 2025
As described on the statement of financial position, the Board of Directors of
Vacation Club International Ltd
are responsible for the preparation of the
financial statements
for the year ended
31 March 2025
, which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Cripps Dransfield
206 Upper Richmond Road West
London
SW14 8AH
United Kingdom
Vacation Club International Ltd
Statement of Financial Position
31 March 2025
20252024
Note££
Fixed assets    
Tangible assets 5
1
 
1
 
Current assets    
Debtors 6
7,255
 
7,255
 
Cash at bank and in hand
49,146
 
38,534
 
56,401
 
45,789
 
Creditors: amounts falling due within one year 7
(5,372
)
(132
)
Net current assets
51,029
 
45,657
 
Total assets less current liabilities 51,030   45,658  
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
50,930
 
45,558
 
Shareholders funds
51,030
 
45,658
 
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.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
9 December 2025
, and are signed on behalf of the board by:
Mr Nick Cade
Director
Company registration number:
3022465
Vacation Club International Ltd
Notes to the Financial Statements
Year ended
31 March 2025

1 General information

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods and services supplied, net of discounts and Value Added Tax.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2024:
2.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2024
and
31 March 2025
4,661
 
Depreciation  
At
1 April 2024
and
31 March 2025
4,660
 
Carrying amount  
At
31 March 2025
1
 
At 31 March 2024
1
 

6 Debtors

20252024
££
Trade debtors
7,155
 
7,155
 
Other debtors
100
 
100
 
7,255
 
7,255
 

7 Creditors: amounts falling due within one year

20252024
££
Taxation and social security
1,260
 
132
 
Other creditors
4,112
  -  
5,372
 
132