Registered number: 04703592 | ||||||||
FOR THE YEAR ENDED 30 APRIL 2023 | ||||||||
Prepared By: | ||||||||
Keevil & Co Chartered Accountants | ||||||||
Northern House | ||||||||
The Drive | ||||||||
Sawbridgeworth | ||||||||
HERTS | ||||||||
CM21 9EP |
Vernod Holdings Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30 APRIL 2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
David Chinn-Shaw | ||||||||
REGISTERED OFFICE | ||||||||
HERTS | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 04703592 | ||||||||
ACCOUNTANTS | ||||||||
Keevil & Co Chartered Accountants | ||||||||
Northern House | ||||||||
The Drive | ||||||||
Sawbridgeworth | ||||||||
HERTS | ||||||||
CM21 9EP |
Vernod Holdings Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30 APRIL 2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Vernod Holdings Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
Investment Assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | ||||||||||
Cash at bank and in hand | ||||||||||
6,110 | 3,270 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT LIABILITIES | ( | (38,416) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 302,164 | 321,657 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Profit and loss account | 556,044 | 159,889 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Vernod Holdings Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30 APRIL 2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1c. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | - | |||||
3. TANGIBLE FIXED ASSETS | ||||
Land And | ||||
Buildings | Total | |||
£ | £ | |||
Cost | ||||
At 1 May 2022 | 487,008 | 487,008 | ||
Revaluation | 490,487 | 490,487 | ||
At 30 April 2023 | 977,495 | 977,495 | ||
Depreciation | ||||
At 30 April 2023 | - | - | ||
Net Book Amounts | ||||
At 30 April 2023 | 977,495 | 977,495 | ||
At 30 April 2022 | 487,008 | 487,008 | ||
Vernod Holdings Limited | ||||||||
4. FINANCIAL ASSETS | |||||||||
Shares in group companies | |||||||||
and participating interests | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 1 May 2022 | 33,054 | 33,054 | |||||||
At 30 April 2023 | 33,054 | 33,054 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 30 April 2023 | 33,054 | 33,054 | |||||||
At 30 April 2022 | 33,054 | 33,054 | |||||||
5. INVESTMENT PROPERTIES | ||||
Investment | ||||
Properties | Total | |||
£ | £ | |||
Fair value | ||||
At 1 May 2022 | 487,008 | 487,008 | ||
Revaluation | 490,487 | 490,487 | ||
At 30 April 2023 | 977,495 | 977,495 | ||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans and overdrafts | ||||||||
Taxation and social security | 8,692 | 9,132 | ||||||
Other creditors | 2,063 | 2,063 | ||||||
41,246 | 41,686 | |||||||
Vernod Holdings Limited | ||||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans and overdrafts | 179,331 | 207,268 | ||||||
Amounts owed to group undertakings and undertakings in which the company has a particpating interest | 122,833 | 114,389 | ||||||
302,164 | 321,657 | |||||||
8. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 117,105 | - | ||||||
117,105 | - | |||||||
9. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||