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Registered number: 06084201
VRT Developments Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of VRT Developments Limited for the year ended 28 February 2025
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of VRT Developments Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of VRT Developments Limited , as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of VRT Developments Limited and state those matters that we have agreed to state to the director of VRT Developments Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than VRT Developments Limited and its director as a body for our work or for this report.
It is your duty to ensure that VRT Developments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of VRT Developments Limited . You consider that VRT Developments Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of VRT Developments Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
26 November 2025
Raven Accounting (West Midlands) Limited
Chartered Certified Accountants
9-11 Stratford Road
Shirley
Solihull
B90 3LU
Page 1
Page 2
Balance Sheet
Registered number: 06084201
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investments 5 6,775 6,078
6,775 6,078
CURRENT ASSETS
Debtors 6 - 3,032
Cash at bank and in hand 654 245
654 3,277
Creditors: Amounts Falling Due Within One Year 7 (37,086 ) (35,845 )
NET CURRENT ASSETS (LIABILITIES) (36,432 ) (32,568 )
TOTAL ASSETS LESS CURRENT LIABILITIES (29,657 ) (26,490 )
Creditors: Amounts Falling Due After More Than One Year 8 (471 ) (3,480 )
NET LIABILITIES (30,128 ) (29,970 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (30,129 ) (29,971 )
SHAREHOLDERS' FUNDS (30,128) (29,970)
Page 2
Page 3
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Mr V O Rassat
Director
27 November 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
VRT Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06084201 . The registered office is 9-11 Stratford Road, Shirley, Solihull, B90 3LU.
The presentation currency of the financial statements is the Pound Sterling (£).
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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:
Fixtures & Fittings 10% on cost
Computer Equipment 20% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 March 2024 969 2,428 3,397
As at 28 February 2025 969 2,428 3,397
Depreciation
As at 1 March 2024 969 2,428 3,397
As at 28 February 2025 969 2,428 3,397
Net Book Value
As at 28 February 2025 - - -
As at 1 March 2024 - - -
Page 4
Page 5
5. Investments
Listed
£
Cost or Valuation
As at 1 March 2024 6,078
Disposals (3,889 )
Revaluations 4,586
As at 28 February 2025 6,775
Provision
As at 1 March 2024 -
As at 28 February 2025 -
Net Book Value
As at 28 February 2025 6,775
As at 1 March 2024 6,078
6. Debtors
2025 2024
£ £
Due within one year
Other debtors - 2,950
Due after more than one year
Corporation tax recoverable assets - 82
- 3,032
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 601 -
Bank loans and overdrafts 3,000 3,000
Accruals and deferred income 1,196 1,196
Director's loan account 32,289 31,649
37,086 35,845
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 471 3,480
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5
Page 6
10. Related Party Transactions
The director Mr V Rassat has made an interest free loan to the company with a balance at 28 February 2025 of £32,289. (2024 £31,649).
The loan has no set repayment conditions and is unsecured.
Page 6