Victoria Property (Merthyr Tydfil) - Accounts to registrar (filleted)

REGISTERED NUMBER: 11031612 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

VICTORIA PROPERTY (MERTHYR TYDFIL)

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

R J Mahoney

Mrs R Mahoney

REGISTERED OFFICE:

21 Pandy Close

Cyfartha

Merthyr Tydfil

CF47 8PB

REGISTERED NUMBER:

11031612 (England and Wales)

ACCOUNTANTS:

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

FIXED ASSETS

Tangible assets

5

399,440

405,592

CURRENT ASSETS

Cash at bank

33,657

2,384

CREDITORS

Amounts falling due within one year

6

(97,392

)

(103,687

)

NET CURRENT LIABILITIES

(63,735

)

(101,303

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

335,705

304,289

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

335,703

304,287

335,705

304,289

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 July 2026 and were signed on its behalf by:

R J Mahoney - Director

1.	STATUTORY INFORMATION

Victoria Property (Merthyr Tydfil) 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.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

The financial statements are prepared under the going concern basis. The director believes this is appropriate as he believes that the company has the necessary resources at its disposal to meet its liabilities as they fall due.

The director has a reasonable expectation that the company has adequate resources to continue in operational existence for a period of 12 months from the date of approval of these financial statements.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 November 2024

384,750

28,061

412,811

Additions

-

1,577

Disposals

-

(1,712

)

(1,712

)

At 31 October 2025

384,750

27,926

412,676

DEPRECIATION

At 1 November 2024

-

7,219

Charge for year

-

6,017

At 31 October 2025

-

13,236

NET BOOK VALUE

At 31 October 2025

384,750

14,690

399,440

At 31 October 2024

384,750

20,842

405,592

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

-

(1

)

Taxation and social security

19,035

7,601

Other creditors

78,357

96,087

97,392

103,687

7.	ULTIMATE CONTROLLING PARTY

The controlling party is R J Mahoney.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Victoria Property (Merthyr Tydfil) Limited for the year ended 31 October 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Victoria Property (Merthyr Tydfil) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Victoria Property (Merthyr Tydfil) Limited and state those matters that we have agreed to state to the Board of Directors of Victoria Property (Merthyr Tydfil) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Victoria Property (Merthyr Tydfil) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Victoria Property (Merthyr Tydfil) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Victoria Property (Merthyr Tydfil) Limited. You consider that Victoria Property (Merthyr Tydfil) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Victoria Property (Merthyr Tydfil) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

29 July 2026