Company Registration Number 01477688 (England and Wales)
VG PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020
PAGES FOR FILING WITH REGISTRAR
VG PROPERTIES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2020
31 March 2020
- 1 -
2020
2019
Notes
£
£
£
£
Fixed assets
Tangible assets
362,985
363,050
Investments
1,136,722
1,136,722
1,499,707
1,499,772
Current assets
Debtors
582,685
582,685
Cash at bank and in hand
277,443
147,292
860,128
729,977
Creditors: amounts falling due within one year
(73,802)
(68,853)
Net current assets
786,326
661,124
Total assets less current liabilities
2,286,033
2,160,896
Creditors: amounts falling due after more than one year
(476,729)
(522,530)
Deferred income
(9,870)
(1,284)
Net assets
1,799,434
1,637,082
Capital and reserves
Called up share capital
300
300
Share premium account
15,568
15,568
Profit and loss reserves
1,783,566
1,621,214
Total equity
1,799,434
1,637,082
Notes to the financial statements
1
Employees
The average number of persons (including directors) employed by the company during the year was 2 (2019 - 2).
VG PROPERTIES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2020
31 March 2020
- 2 -
(e)
the company has relied on the specified exemption
relating to the preparation of abridged financial statements
contained in section 352 Companies Act 2014;
t
he company has done so on the grounds that it is entitled to the benefit of that exemption as a small company; and
t
he abridged financial statements have been properly prepared in accordance with section 353 Companies Act 2014.
For the year ended 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 26 May 2020 and are signed on its behalf by:
Mr David Ian Cowell
Director
Company Registration No. 01477688