VICTORIA ALLMAN LETTINGS LIMITED


Directors	Martin Robert Allman
	Victoria Allman


Registered Address	Orchard House Cherry Orchard Lane
	Luckington
	Chippenham
	SN14 6NX


Registered Number	16132764 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026
		£	£
Fixed assets
Intangible assets	3		104,286
Tangible assets	4		1,444
			105,730
Current assets
Debtors	5	6,060
Cash at bank and on hand		93,483
		99,543
Creditors amounts falling due within one year	6	(204,850)
Net current assets (liabilities)			(105,307)
Total assets less current liabilities			423
Net assets			423
Capital and reserves
Profit and loss account			423
Shareholders' funds			423

The company was entitled to exemption from audit for this reporting period 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 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 and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 8 September 2026, and are signed on its behalf by:

Martin Robert Allman
Director
Registered Company No. 16132764

VICTORIA ALLMAN LETTINGS LIMITED

Notes to the Financial Statements
for the period ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Revenue from rendering of services
	Revenue 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.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Office Equipment	3

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2026
	Average number of employees during the year	1

3.	Intangible assets
	The intangible assets comprise the benefit of the property management contracts and associated tenant records acquired on 29 April 2025. Although individual tenancies typically run for 1–2 years, management of the underlying properties is generally retained beyond individual tenancies through re-letting. Based on historical retention rates of around 90%, adjusted for an expected increase in landlord attrition due to ongoing changes in rental sector legislation, the directors have assessed a useful economic life of 7 years, over which both assets are amortised on a straight-line basis.

Intangible assets

The intangible assets comprise the benefit of the property management contracts and associated tenant records acquired on 29 April 2025. Although individual tenancies typically run for 1–2 years, management of the underlying properties is generally retained beyond individual tenancies through re-letting. Based on historical retention rates of around 90%, adjusted for an expected increase in landlord attrition due to ongoing changes in rental sector legislation, the directors have assessed a useful economic life of 7 years, over which both assets are amortised on a straight-line basis.

		Total
		£
	Cost or valuation
	Additions	120,000
	At 31 March 26	120,000
	Amortisation and impairment
	Charge for year	15,714
	At 31 March 26	15,714
	Net book value
	At 31 March 26	104,286
	At 11 December 24	-

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	Additions	1,855
	At 31 March 26	1,855
	Depreciation and impairment
	Charge for year	411
	At 31 March 26	411
	Net book value
	At 31 March 26	1,444
	At 11 December 24	-

5.	Debtors: amounts due within one year

		2026
		£
	Other debtors	5,986
	Prepayments and accrued income	74
	Total	6,060

6.	Creditors: amounts due within one year

		2026
		£
	Trade creditors / trade payables	40,688
	Taxation and social security	29,602
	Other creditors	133,970
	Accrued liabilities and deferred income	590
	Total	204,850


	Included within other creditors is a loan of £68,700 (plus accrued interest of £4,870) due to two of the director's children, further details of which are set out in the related party transactions note. Also included within other creditors is £60,000 in respect of deferred consideration payable to the vendor of the business acquired on 29 April 2025, due for payment on 29 April 2026.

7.	Directors advances, credits and guarantees
	During the year, director loan accounts were overdrawn by a combined £5,985. These were repaid in full on 31 May 2026.

8.	Related party transactions
	The company has an outstanding loan from two of the director's children totalling £68,700. The loan is unsecured and interest accrues at a rate of 10% per annum on the outstanding balance. The balance is shown as a current liability within the accounts. It is the intention of the parties that repayments will be made periodically, with the loan to be settled in full within three years of the balance sheet date. During the year, interest charged amounted to £6,870. Interest payments of £2,000 were made during the period, leaving accrued interest of £4,870 outstanding at the year end, which is included within creditors. No guarantees have been given or received in respect of these balances.

Related party transactions

The company has an outstanding loan from two of the director's children totalling £68,700. The loan is unsecured and interest accrues at a rate of 10% per annum on the outstanding balance. The balance is shown as a current liability within the accounts. It is the intention of the parties that repayments will be made periodically, with the loan to be settled in full within three years of the balance sheet date.

During the year, interest charged amounted to £6,870. Interest payments of £2,000 were made during the period, leaving accrued interest of £4,870 outstanding at the year end, which is included within creditors.

No guarantees have been given or received in respect of these balances.