VERWOERD PROPERTIES & LETTINGS LTD


Director	MEYER, Johanna Gertruida


Registered Address	The Old Granary
	Dunton Road
	Basildon
	SS15 4DB


Registered Number	14424888 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	31 Mar 2025		31 Oct 2023
		£	£	£	£
Fixed assets
Tangible assets	3		181,000		181,000
			181,000		181,000
Current assets
Cash at bank and on hand		1,453		140
		1,453		140
Creditors amounts falling due within one year	4	(600)		(900)
Net current assets (liabilities)			853		(760)
Total assets less current liabilities			181,853		180,240
Creditors amounts falling due after one year	5		(204,334)		(189,782)
Net assets			(22,481)		(9,542)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(22,581)		(9,642)
Shareholders' funds			(22,481)		(9,542)

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 16 June 2026, and are signed on its behalf by:

MEYER, Johanna Gertruida
Director
Registered Company No. 14424888

VERWOERD PROPERTIES & LETTINGS LTD

Notes to the Financial Statements
for the period ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2.	Average number of employees


		2025		2023
	Average number of employees during the year	0		1

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 November 23	181,000
	At 31 March 25	181,000
	Net book value
	At 31 March 25	181,000
	At 31 October 23	181,000

4.	Creditors: amounts due within one year

	2025	2023
	£	£
Accrued liabilities and deferred income	600	900
Total	600	900


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Creditors: amounts due after one year

	2025	2023
	£	£
Bank borrowings and overdrafts	204,334	-
Other creditors	-	189,782
Total	204,334	189,782


	Long term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.