V. & J. Investments Limited 31/03/2025 iXBRL

Company registration number: 02111266

V. & J. Investments Limited

Unaudited filleted financial statements

31 March 2025

V. & J. Investments Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

V. & J. Investments Limited

Directors and other information


	Director	J J Patel


	Secretary	J J Patel


	Company number	02111266


	Registered office	Maniland House
		12 Court Parade
		HA0 3HU


	Accountants	Leftley Rowe & Company
		Second Floor
		87 - 88 Turnmill Street
		London
		EC1M 5QU

V. & J. Investments Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	1,649,142		1,683,439
		_______		_______
			1,649,142		1,683,439

Current assets
Debtors	6	359,290		364,534
Cash at bank and in hand		6,551		139
		_______		_______
		365,841		364,673
Creditors: amounts falling due
within one year	7	( 45,633)		( 64,837)
		_______		_______
Net current assets			320,208		299,836
			_______		_______
Total assets less current liabilities			1,969,350		1,983,275


Provisions for liabilities			( 41,010)		( 47,623)

			_______		_______
Net assets			1,928,340		1,935,652
			_______		_______

Capital and reserves
Called up share capital	8		1,000		1,000
Share premium account			1,500		1,500
Profit and loss account			1,925,840		1,933,152
			_______		_______
Shareholders funds			1,928,340		1,935,652
			_______		_______

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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 04 December 2025 , and are signed on behalf of the board by:

J J Patel

Director

Company registration number: 02111266

V. & J. Investments Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Maniland House, 12 Court Parade, HA0 3HU.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover represents the total value of rent receivable for the period, together with the fair value of consideration received for other services rendered in respect of the investment property during the period. Turnover also includes the profit on disposal of investment property during the period.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. 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.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets represent investment property.

Investment property

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are 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. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

4. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2024: Nil).

5. Tangible assets

	Freehold property	Long leasehold property	Total
	£	£	£
Cost
At 1 April 2024	1,429,919	253,520	1,683,439
Additions	4,000	-	4,000
Disposals	( 38,297)	-	( 38,297)
	_______	_______	_______
At 31 March 2025	1,395,622	253,520	1,649,142
	_______	_______	_______
Depreciation
At 1 April 2024 and 31 March 2025	-	-	-
	_______	_______	_______
Carrying amount
At 31 March 2025	1,395,622	253,520	1,649,142
	_______	_______	_______
At 31 March 2024	1,429,919	253,520	1,683,439
	_______	_______	_______

Investment property

Included within the above is investment property measured at fair value as follows:

		£
	At 1 April 2024	1,683,439
	Additions	4,000
	Disposals	( 38,297)
		_______
	At 31 March 2025	1,649,142
		_______

6. Debtors

	2025	2024
	£	£
Trade debtors	73,271	61,371
Amounts owed by group undertakings and undertakings in which the company has a participating interest	262,500	284,500
Other debtors	23,519	18,663
	_______	_______
	359,290	364,534
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	16,946	14,514
Corporation tax	26,887	47,462
Other creditors	1,800	2,861
	_______	_______
	45,633	64,837
	_______	_______

8. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares of £ 1.00 each	1,000	1,000	1,000	1,000
	_______	_______	_______	_______