Veancraft Properties Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09572973 (England and Wales)

Veancraft Properties Ltd

Unaudited Financial Statements

for the Year Ended 31 July 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P A W Jeffries

Mrs S J Jeffries

REGISTERED OFFICE:

10 Victoria Road South

Southsea

Hampshire

PO5 2DA

REGISTERED NUMBER:

09572973 (England and Wales)

ACCOUNTANTS:

Barter Durgan

Chartered Accountants

10 Victoria Road South

Southsea

Hampshire

PO5 2DA

FIXED ASSETS

Tangible assets

4

190

Investment property

5

2,195,000

2,195,190

CURRENT ASSETS

Debtors

6

7,388

285

Cash at bank

-

20,289

7,388

20,574

CREDITORS

Amounts falling due within one year

7

40,234

41,991

NET CURRENT LIABILITIES

(32,846

)

(21,417

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,162,344

2,173,773

CREDITORS

Amounts falling due after more than one year

8

1,293,951

1,370,467

NET ASSETS

868,393

803,306

CAPITAL AND RESERVES

Called up share capital

9

100

Revaluation reserve

10

343,497

Retained earnings

524,796

459,709

SHAREHOLDERS' FUNDS

868,393

803,306

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 October 2026 and were signed on its behalf by:

P A W Jeffries - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 August 2025

and 31 July 2026

1,772

DEPRECIATION

At 1 August 2025

and 31 July 2026

1,582

NET BOOK VALUE

At 31 July 2026

190

At 31 July 2025

190

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2025

and 31 July 2026

2,195,000

NET BOOK VALUE

At 31 July 2026

2,195,000

At 31 July 2025

2,195,000

Fair value at 31 July 2026 is represented by:

£

Valuation in 2022

339,497

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

INVESTMENT PROPERTY

'COST' ACCOUNT TOTAL

Cost/valuation b/f

2,195,000

CLIENT SCREEN TOTAL

=

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

5,505

(330

)

Directors' current accounts

1,883

-

Prepayments

-

615

7,388

285

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

859

-

Trade creditors

3,308

1,139

Taxation

19,230

17,151

Social security and other taxes

2,248

(543

)

Other creditors

-

663

Accruals and deferred income

18,585

21,181

Accrued expenses

(3,996

)

2,400

40,234

41,991

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans more 5 yrs non-inst

1,293,951

Other loans more 5yrs non-inst

-

76,516

1,293,951

1,370,467

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,293,951

Other loans more 5yrs non-inst

-

76,516

1,293,951

1,370,467

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

100

Ordinary

£1

100

10.

RESERVES

Revaluation

reserve

£

At 1 August 2025

and 31 July 2026

343,497