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Registered number: 07013765
V&H Homes Ltd.
Unaudited Financial Statements
For The Year Ended 31 December 2025
de Jong Phillips Ltd
Chartered Accountants
167 - 169 Great Portland Street
London
W1W 5PF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07013765
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,702 3,497
Investments 5 5,940 -
27,642 3,497
CURRENT ASSETS
Debtors 6 359,369 485,907
Cash at bank and in hand 356,174 258,637
715,543 744,544
Creditors: Amounts Falling Due Within One Year 7 (240,803 ) (201,381 )
NET CURRENT ASSETS (LIABILITIES) 474,740 543,163
TOTAL ASSETS LESS CURRENT LIABILITIES 502,382 546,660
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,089 ) (503 )
NET ASSETS 498,293 546,157
CAPITAL AND RESERVES
Called up share capital 8 120 120
Capital redemption reserve 80 80
Profit and Loss Account 498,093 545,957
SHAREHOLDERS' FUNDS 498,293 546,157
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Page 2
For the year ending 31 December 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Victoria Rylance
Director
8th September 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
V&H Homes Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 07013765 . The registered office is 35 The Street, Ashtead, Surrey, KT21 1AA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 10% Straight Line
Plant & Machinery 33% Reducing balance
Motor Vehicles 25% Reducting balance
2.4. Financial Instruments
The company accounts for its financial transactions in accordance with Section 11 and Section 12 of FRS 102.
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.
Short term debtors and creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 9)
8 9
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 January 2025 31,605 28,538 16,102 76,245
Additions 16,425 6,472 - 22,897
Disposals (31,605 ) (11,813 ) - (43,418 )
As at 31 December 2025 16,425 23,197 16,102 55,724
Depreciation
As at 1 January 2025 31,605 25,835 15,308 72,748
Provided during the period 1,488 2,807 199 4,494
Disposals (31,605 ) (11,615 ) - (43,220 )
As at 31 December 2025 1,488 17,027 15,507 34,022
Net Book Value
As at 31 December 2025 14,937 6,170 595 21,702
As at 1 January 2025 - 2,703 794 3,497
5. Investments
Other
£
Cost or Valuation
As at 1 January 2025 -
Additions 5,940
As at 31 December 2025 5,940
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 5,940
As at 1 January 2025 -
£5940 represents pre acquisition costs ahead of the post balance sheet acquisition referred to in Note 10.
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 31,140 18,656
Other debtors 328,229 467,251
359,369 485,907
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 10,807 10,433
Other creditors 182,129 150,136
Taxation and social security 47,867 40,812
240,803 201,381
Cash at bank includes £118,273 (2024: £121,221) held in a designated client account in respect of rent deposits. These funds are not available for use by the company. A corresponding amount is included within other creditors
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 120 120
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 23,156 -
Later than one year and not later than five years 72,656 -
Later than five years 78,375 -
174,187 -
10. Post Balance Sheet Events
On 13 April 2026, the company acquired the entire issued share capital of Direct Residential Ltd, a real estate agency, for cash consideration of £943,190. The acquisition is a non-adjusting event and has therefore not been reflected in these financial statements.
11. Related Party Transactions
Included within 'Other Debtors' is an amount of £328,229 (2024: £451,000) owed by VHMO Ltd, a company of which P Aboud and V Aboud are directors.
This loan is interest free and repayable on demand. 
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