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Registered Number: 16124316
England and Wales

 

 

 

VAIDEV PROPERTIES LTD



Abridged Accounts
 


Period of accounts

Start date: 09 December 2024

End date: 31 December 2025
  2025
    £ £
Fixed assets   341,853 
Current assets 679   
Creditors: amount falling due within one year (98,917)  
Net current assets   (98,238)
Total assets less current liabilities   243,615 
Creditors: amount falling due after more than one year   (247,200)
Net assets   (3,585)
 

     
Capital and reserves   (3,585)
 
NOTES TO THE ACCOUNTS

General Information
VAIDEV PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 16124316, registration address 10 Soke Road, Newborough, Peterborugh, PE6 7QT.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties should be recognized initially at cost and subsequently it is measured at cost value only. 
2.

Average number of employees

Average number of employees during the period was 0.


For the period ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 15 May 2026 and were signed on its behalf by:


--------------------------------
Mr Sreekanth Venugopal
Director
1