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Company Registration No. 15106213 (England and Wales)
Vernon James Property Ltd Unaudited financial statements for the year ended 31 August 2025
Vernon James Property Ltd Unaudited financial statements Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Vernon James Property Ltd Company Information for the year ended 31 August 2025
Directors
George Allen James Kavanagh
Company Number
15106213 (England and Wales)
Registered Office
19 Ella Road Norwich NR1 4BP England
Accountants
Taxsure Cavell House Stannard Place St Crispins Road Norwich NR3 1YE
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Vernon James Property Ltd Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
4
463,490 
239,664 
Current assets
Debtors
5
3,783 
1,600 
Cash at bank and in hand
8,486 
1,767 
12,269 
3,367 
Creditors: amounts falling due within one year
6
(172,817)
(89,895)
Net current liabilities
(160,548)
(86,528)
Total assets less current liabilities
302,942 
153,136 
Creditors: amounts falling due after more than one year
7
(322,271)
(162,941)
Net liabilities
(19,329)
(9,805)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(19,331)
(9,807)
Shareholders' funds
(19,329)
(9,805)
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 13 May 2026 and were signed on its behalf by
George Allen Director Company Registration No. 15106213
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Vernon James Property Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Vernon James Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 15106213. The registered office is 19 Ella Road, Norwich, NR1 4BP, 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.
4
Investment property
2025 
£ 
Fair value at 1 September 2024
239,664 
Additions
223,826 
At 31 August 2025
463,490 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
3,783 
1,600 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
18,358 
9,534 
Other creditors
400 
400 
Loans from directors
153,399 
79,505 
Accruals
660 
456 
172,817 
89,895 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
322,271 
162,941 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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