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Company Registration No. 15279357 (England and Wales)
Vacatad Ltd Unaudited accounts for the year ended 30 November 2025
Vacatad Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Vacatad Ltd Company Information for the year ended 30 November 2025
Directors
Mr William Gurth Hoyer Millar Mr Alistair Tobias Oates Mr Jordan Frederick Hough Jones Mr Karl Lewis Jones
Secretary
Mr Alistair Tobias Oates
Company Number
15279357 (England and Wales)
Registered Office
15 Braxted Park London England SW163DW
Accountants
Accounting Wise Ltd 3 The Carriages Station Road Ware Hertfordshire SG129PL
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Vacatad Ltd Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
5,933
388
Investments
5
31,107
-
37,040
388
Current assets
Inventories
15,786
-
Debtors
6
309,474
17,365
Cash at bank and in hand
219,791
7,732
545,051
25,097
Creditors: amounts falling due within one year
7
(526,612)
(31,737)
Net current assets/(liabilities)
18,439
(6,640)
Net assets/(liabilities)
55,479
(6,252)
Capital and reserves
Called up share capital
1
1
Profit and loss account
55,478
(6,253)
Shareholders' funds
55,479
(6,252)
For the year ending 30 November 2025 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 August 2026 and were signed on its behalf by
Mr Alistair Tobias Oates Director Company Registration No. 15279357
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Vacatad Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Vacatad Ltd is a private company, limited by shares, registered in England and Wales, registration number 15279357. The registered office is 15 Braxted Park, London, England, SW163DW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 November 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 13 November 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note 9 below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Prior period error: VAT on business rates recharges
In previous periods the company treated amounts recharged to clients in respect of business rates as outside the scope of VAT. Following advice from two independent VAT advisers, the directors have concluded that, because the company is the named tenant and ratepayer, these recharges form part of a single standard-rated supply and should have carried VAT at 20%. The error has been corrected in these financial statements. Output VAT of £226,419.90 in respect of supplies made up to 30 November 2025 has been recognised as a liability to HM Revenue & Customs, of which £220,573.26 relates to the year ended 30 November 2025 and £5,846.64 to earlier supplies. Correction invoices have been raised to the affected clients, and the corresponding amounts, which the directors consider recoverable, are recognised within debtors. An Error Correction Notification was submitted to HM Revenue & Customs on 9 June 2026 and a Time to Pay arrangement has been agreed. Late payment interest is payable on the outstanding VAT and has been accrued to the balance sheet date. No penalty had been determined at the date of approval of these financial statements.
Revenue recognition (accounting policy)
The company acts as principal in the provision of property occupation and related business rates management services. Amounts recharged to clients in respect of business rates are recognised within turnover, with the corresponding amounts payable to billing authorities recognised within cost of sales, because the company is the named ratepayer and bears the primary obligation to the billing authority. Turnover is stated net of value added tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
4 Years SLM
Computer equipment
33.33% SLM
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Vacatad Ltd Notes to the Accounts for the year ended 30 November 2025
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 December 2024
-
388
388
Additions
315
6,830
7,145
At 30 November 2025
315
7,218
7,533
Depreciation
Charge for the year
7
1,593
1,600
At 30 November 2025
7
1,593
1,600
Net book value
At 30 November 2025
308
5,625
5,933
At 30 November 2024
-
388
388
5
Investments
Other investments
£
Valuation at 1 December 2024
-
Additions
31,107
Valuation at 30 November 2025
31,107
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
780
Trade debtors
309,474
16,585
309,474
17,365
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
246,944
-
Trade creditors
136,252
3,323
Taxes and social security
29,823
-
Other creditors
113,279
21,487
Loans from directors
314
6,387
Accruals
-
540
526,612
31,737
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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Vacatad Ltd Notes to the Accounts for the year ended 30 November 2025
9
Reconciliations on adoption of FRS 102
These are the first financial statements the company has prepared under FRS 102 Section 1A. The financial statements for the year ended 30 November 2024 were prepared under FRS 105. The date of transition to FRS 102 is 13 November 2023, being the beginning of the earliest period presented. The company has corrected a prior period error in respect of output VAT that should have been charged on business rates recharges, as described in the accounting policies above. Output VAT of £226,419.90 in respect of supplies made up to 30 November 2025 has been recognised as a liability to HM Revenue & Customs, of which £220,573.26 relates to the year ended 30 November 2025 and £5,846.64 to earlier supplies. A corresponding amount has been recognised within debtors to the extent the VAT is considered recoverable from clients. As the amounts recoverable are equal to the liability recognised, there is no net effect on retained earnings brought forward. The £5,846.64 relating to earlier supplies is not material; the comparative figures have not been restated and it has been recognised in the current period.
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