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Company Registration No. 10171847 (England and Wales)
VAS Property Limited Unaudited accounts for the year ended 31 May 2025
VAS Property Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
VAS Property Limited Company Information for the year ended 31 May 2025
Director
Mr Sanjay Patel
Company Number
10171847 (England and Wales)
Registered Office
199 Barrowby Road Grantham Lincolnshire NG31 8NW England
Accountants
Tax Accounting & Business Solutions Limited Triad House Mountbatten Court Worrall Street Congleton Lancashire CW12 1DT
- 3 -
VAS Property Limited Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
390,981 
374,319 
Current assets
Cash at bank and in hand
4,923 
1,015 
Creditors: amounts falling due within one year
5
(245,130)
(215,349)
Net current liabilities
(240,207)
(214,334)
Total assets less current liabilities
150,774 
159,985 
Creditors: amounts falling due after more than one year
6
(158,011)
(163,656)
Net liabilities
(7,237)
(3,671)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(7,337)
(3,771)
Shareholders' funds
(7,237)
(3,671)
For the year ending 31 May 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 January 2026 and were signed on its behalf by
Mr Sanjay Patel Director Company Registration No. 10171847
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VAS Property Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
VAS Property Limited is a private company, limited by shares, registered in England and Wales, registration number 10171847. The registered office is 199 Barrowby Road, Grantham, Lincolnshire, NG31 8NW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation provided
Motor vehicles
25% on cost
Going concern
The Director has expressed his continued willingness to finacially support the company.
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2024
344,773 
59,090 
403,863 
Additions
31,434 
- 
31,434 
At 31 May 2025
376,207 
59,090 
435,297 
Depreciation
At 1 June 2024
- 
29,544 
29,544 
Charge for the year
- 
14,772 
14,772 
At 31 May 2025
- 
44,316 
44,316 
Net book value
At 31 May 2025
376,207 
14,774 
390,981 
At 31 May 2024
344,773 
29,546 
374,319 
- 5 -
VAS Property Limited Notes to the Accounts for the year ended 31 May 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
7,788 
7,788 
Loans from directors
237,042 
207,261 
Accruals
300 
300 
245,130 
215,349 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
126,831 
126,831 
Obligations under finance leases and hire purchase contracts
30,600 
36,825 
Other creditors
580 
- 
158,011 
163,656 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -