Vakantz Ltd - Filleted accounts

Registered number

14324818

Vakantz Ltd

Filleted Accounts

31 August 2025

Vakantz Ltd
Registered number:		14324818
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		227,179			182,143

Current assets
Debtors	4	35,300			190
Cash at bank and in hand		7,665			98,888
		42,965			99,078

Creditors: amounts falling due within one year	5	(82,913)			(142,406)

Net current liabilities			(39,948)			(43,328)

Total assets less current liabilities			187,231			138,815

Creditors: amounts falling due after more than one year	6		(144,183)			(141,326)

Provisions for liabilities			(13,917)			-


Net assets/(liabilities)			29,131			(2,511)

Capital and reserves
Called up share capital			1			1
Revaluation reserve	7		59,332			-
Profit and loss account			(30,202)			(2,512)

Shareholder's funds			29,131			(2,511)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Jacob Gluck
Director
Approved by the board on 26 August 2026

Vakantz Ltd
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 September 2024	182,143		-		182,143
	Additions	(16,475)		5,448		(11,027)
	Surplus on revaluation	59,332		-		59,332
	At 31 August 2025	225,000		5,448		230,448

	Depreciation
	Charge for the year	-		3,269		3,269
	At 31 August 2025	-		3,269		3,269

	Net book value
	At 31 August 2025	225,000		2,179		227,179
	At 31 August 2024	182,143		-		182,143


4	Debtors			2025		2024
£					£

	Trade debtors			35,300		190


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Other creditors			82,913		142,406


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			144,183		141,326


7	Revaluation reserve			2025		2024
£					£

	Gain on revaluation of land and buildings			59,332		-

	At 31 August 2025			59,332		-


8	Other information

	Vakantz Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	158 Cromwell Road
	Salford
	M6 6DE


9	Adjustment to brought-forward balances
	During the year, the company identified misstatements relating to balances brought forward from the previous year, principally relating to the recording of investment properties, fixed assets, bank balances, debtors, loans, other creditors, deferred taxation, income and expenditure. The corrections were accounted for by way of journals in the current year. The adjustments resulted in an increase in fixed assets of £46,126, an increase in current assets of £5,868 and an overall increase in total assets of £51,993. Total liabilities increased by £22,824, resulting in an increase in net assets and total shareholders’ funds of £29,169. The revaluation reserve increased by £59,332, while the profit and loss account decreased by £30,162.