Varcon Properties Limited 31/12/2019 iXBRL
Varcon Properties Limited 31/12/2019 iXBRL
Company registration number:
04676096
Unaudited filleted financial statements
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Directors and other information
Director |
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Company number |
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Registered office |
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Accountants |
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2nd Floor | ||
87 Kenton Road | ||
Harrow | ||
Middlesex | ||
HA3 0AH | ||
Bankers |
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Knightsbridge Business Centre | ||
PO Box 32014 | ||
London | ||
NW1 2ZG | ||
Statement of financial position
31 December 2019
2019 | 2018 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Debtors | 6 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 7 |
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Net current assets/(liabilities) |
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_______ | _______ | ||||||||
Total assets less current liabilities |
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Provisions for liabilities | - |
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_______ | _______ | ||||||||
Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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Shareholder funds |
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Director's responsibilities:
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The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
03 August 2020
, and are signed on behalf of the board by:
Director
Company registration number:
04676096
Notes to the financial statements
Year ended 31 December 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 12 Hertford Street, Mayfair, London, United Kingdom, W1J 7RW.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Operating leases
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Refurbishment | - |
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Plant and machinery | - |
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Fittings fixtures and equipment | - |
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Computer equipment | - |
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straight line | |
Impairment
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2018:
2
).
5.
Tangible assets
Short leasehold property | Plant and machinery | Fixtures, fittings and equipment | Computer equipment | Total | ||
£ | £ | £ | £ | £ | ||
Cost | ||||||
At 1 January 2019 and 31 December 2019 |
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Depreciation | ||||||
At 1 January 2019 |
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Charge for the year |
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- |
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At 31 December 2019 |
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Carrying amount | ||||||
At 31 December 2019 |
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At 31 December 2018 |
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6.
Debtors
2019 | 2018 | |||
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Trade debtors |
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Other debtors |
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7.
Creditors: amounts falling due within one year
2019 | 2018 | |||
£ | £ | |||
Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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8.
Controlling party