ACCOUNTS - Final Accounts preparation

Analysis of the maturity of loans is given below:

Registered number: 15453172

V & K (113 FORTIS GREEN) LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2026

V & K (113 FORTIS GREEN) LIMITED

REGISTERED NUMBER: 15453172

BALANCE SHEET

AS AT 31 JANUARY 2026

	2026	2026	2025	2025
Note	£	£	£	£

Fixed assets
Investment property			1,715,000		1,715,000
Current assets
Debtors: amounts falling due within one year	5	67,511		62,383
Cash at bank and in hand	6	2,390		2,920
		69,901		65,303
Creditors: amounts falling due within one year	7	(405,964)		(436,512)
Net current liabilities			(336,063)		(371,209)
Total assets less current liabilities			1,378,937		1,343,791
Creditors: amounts falling due after more than one year	8		(1,350,763)		(1,350,763)
Net assets/(liabilities)			28,174		(6,972)

Capital and reserves
Called up share capital	10	1	1
Profit and loss account		28,173	(6,973)
		28,174	(6,972)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

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V & K (113 FORTIS GREEN) LIMITED

REGISTERED NUMBER: 15453172

BALANCE SHEET (CONTINUED)

AS AT 31 JANUARY 2026

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 October 2026.

P E Summers

Director

The notes on pages 3 to 6 form part of these financial statements.

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V & K (113 FORTIS GREEN) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2026

1.	General information

V&K (113 Fortis Green) Limited is a private company limited by shares and is registered and incorporated in England and Wales. The registered office is 62 Salisbury Road, Walmer, Deal, England, CT14 7QJ.

The principal activity of the company is other letting and operating of own or leased real estate.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

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V & K (113 FORTIS GREEN) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.6

Investment property

Investment property is carried at fair value determined annually by the directors or external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term 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.

Employees

The average monthly number of employees, including directors, during the period was 2 (2025 - 2).

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V & K (113 FORTIS GREEN) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2026

4.	Investment property

		Long term leasehold investment property
		£
	Valuation
	At 1 February 2025	1,715,000
	At 31 January 2026	1,715,000

The property was acquired in July 2024. In the opinion of the directors, the value of the property has not materially changed in the period.

If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

Debtors

					2026	2025
					£	£


Amounts owed by group undertakings	7,700	-
Prepayments and accrued income	59,811	62,383
	67,511	62,383

6.	Cash and cash equivalents
		2026	2025
		£	£

	Cash at bank and in hand	2,390	2,920

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V & K (113 FORTIS GREEN) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2026

7.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	11	11
Amounts owed to group undertakings	385,201	422,701
Corporation tax	2,152	-
Other creditors	13,800	13,800
Accruals and deferred income	4,800	-
	405,964	436,512

8.	Creditors: Amounts falling due after more than one year
		2026	2025
		£	£

	Bank loans	1,350,763	1,350,763

The bank loan is secured against the investment properties held within the Company.




Amounts falling due after more than 5 years
Bank loans	1,350,763	1,350,763

10.	Share capital
		2026	2025
		£	£

Allotted, called up and fully paid

1 (2025 - 1) Ordinary share share of £1.00	1	1

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