VMSB UPPER COURT (PROPERTY) LTD

Company Registration Number:
15500114 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2026

Period of accounts

Start date: 01 April 2025

End date: 31 March 2026

VMSB UPPER COURT (PROPERTY) LTD

Contents of the Financial Statements

for the Period Ended 31 March 2026

Balance sheet
Notes

VMSB UPPER COURT (PROPERTY) LTD

Balance sheet

As at 31 March 2026


Notes
2026
13 months to 31 March 2025


£
£
Fixed assets
Tangible assets: 3 19,350,000 19,350,000
Total fixed assets: 19,350,000 19,350,000
Current assets
Debtors:   12,430 0
Cash at bank and in hand: 1,512,139 2,086,387
Total current assets: 1,524,569 2,086,387
Creditors: amounts falling due within one year: 4 (26,081,536) (23,768,828)
Net current assets (liabilities): (24,556,967) (21,682,441)
Total assets less current liabilities: (5,206,967) (2,332,441)
Creditors: amounts falling due after more than one year: 5 (591,592) (1,500,000)
Total net assets (liabilities): (5,798,559) (3,832,441)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (5,798,659) (3,832,541)
Shareholders funds: (5,798,559) (3,832,441)

The notes form part of these financial statements

VMSB UPPER COURT (PROPERTY) LTD

Balance sheet statements

For the year ending 31 March 2026 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 30 June 2026
and signed on behalf of the board by:

Name: M Butt
Status: Director

The notes form part of these financial statements

VMSB UPPER COURT (PROPERTY) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Other accounting policies

Going Concern Disclosure The Company relies on loans from director and shareholder V Murria who has given verbal commitments that she will not make any demands for repayment unless the Company has sufficient cash and distributable reserves. As a result of these undertakings, the directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

VMSB UPPER COURT (PROPERTY) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

2. Employees

2026 13 months to 31 March 2025
Average number of employees during the period 3 3

VMSB UPPER COURT (PROPERTY) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

3. Tangible Assets

Total
Cost £
At 01 April 2025 19,350,000
At 31 March 2026 19,350,000
Net book value
At 31 March 2026 19,350,000
At 31 March 2025 19,350,000

VMSB UPPER COURT (PROPERTY) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

4. Creditors: amounts falling due within one year note

Loan from VM.AV Corporate Services Ltd £2,025,000 (2025 £2,025,000) Other creditors 23,855,306 (2025 £21,742,498) Taxation 201,230 (2025 £1,330) Total 26,081,536 (2025 £23,768,828) VM.AV Corporate Services Ltd is a company incorporated in England & Wales wholly owned by director V Murria. The loan made to the Company is a non interest bearing on demand loan. Other creditors includes interest bearing on demand loans from director and shareholder V Murria totalling £23,831,843 (2025 £21,742,498).

VMSB UPPER COURT (PROPERTY) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

5. Creditors: amounts falling due after more than one year note

Other loans £591,592 (2025 1,500,000). Other loans include a non interest bearing security deposit from a tenant which is repayable at the end of the lease term.