VLS Property Services Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08996662 (England and Wales)

Financial Statements for the Year Ended 5 April 2026

for

VLS Property Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs V L Grayson-Seller

REGISTERED OFFICE:

145 Coppice Wood Avenue

Yeadon

Leeds

West Yorkshire

LS19 7LQ

REGISTERED NUMBER:

08996662 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

CURRENT ASSETS

Debtors

4

2,967

9,842

Cash at bank

2,625

362

5,592

10,204

CREDITORS

Amounts falling due within one year

5

3,400

6,136

NET CURRENT ASSETS

2,192

4,068

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,192

4,068

CREDITORS

Amounts falling due after more than one year

6

-

1,058

NET ASSETS

2,192

3,010

CAPITAL AND RESERVES

Called up share capital

10

Retained earnings

2,182

3,000

2,192

3,010

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 June 2026 and were signed by:

Mrs V L Grayson-Seller - Director

1.	STATUTORY INFORMATION

VLS Property Services Ltd 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.

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.

Financial instruments

Basic financial instruments are recognised at amortised cost. Derivative financial instruments are initially recorded at cost thereafter at fair value with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.

DEBTORS

5.4.26

5.4.25

£

Amounts falling due within one year:

Other debtors

545

7,420

5.4.26

5.4.25

£

Amounts falling due after more than one year:

Other debtors

2,422

Aggregate amounts

2,967

9,842

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.26

5.4.25

£

Bank loans and overdrafts

-

3,114

Taxation and social security

-

2,422

Other creditors

3,400

600

3,400

6,136

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

5.4.26

5.4.25

£

Bank loans

-

1,058

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 5 April 2026 and 5 April 2025:

5.4.26

5.4.25

£

Mrs V L Grayson-Seller

Balance outstanding at start of year

7,176

11,800

Amounts advanced

1,015

31,261

Amounts repaid

(11,080

)

(35,885

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(2,889

)

7,176