REGISTERED NUMBER: 01729841 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 25 APRIL 2025

FOR

VENTNOR FLATS ASSOCIATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J M Parsons

SECRETARY:

J M Parsons

REGISTERED OFFICE:

40 Bank Street

Sheffield

S1 2DS

REGISTERED NUMBER:

01729841 (England and Wales)

ACCOUNTANTS:

Hollis and Co Limited

Chartered Accountants

35 Wilkinson Street

Sheffield

South Yorkshire

S10 2GB

CURRENT ASSETS

Debtors

4

57,206

49,612

Cash at bank

1,075

3,722

58,281

53,334

CREDITORS

Amounts falling due within one year

5

13,244

7,392

NET CURRENT ASSETS

45,037

45,942

TOTAL ASSETS LESS CURRENT LIABILITIES

45,037

45,942

CREDITORS

Amounts falling due after more than one year

6

912

2,102

NET ASSETS

44,125

43,840

CAPITAL AND RESERVES

Called up share capital

37

37

Retained earnings

44,088

43,803

SHAREHOLDERS' FUNDS

44,125

43,840

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 24 April 2026 and were signed by:

J M Parsons - Director

1.	STATUTORY INFORMATION

Ventnor Flats Association Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

56,804

49,259

Other debtors

402

353

57,206

49,612

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,190

1,161

Trade creditors

10,254

3,561

Other creditors

1,800

2,670

13,244

7,392

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

912

2,102