V.J. Portfolio Ltd

V.J. Portfolio Ltd

V.J. PORTFOLIO LTD - Company Information

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1 February 2021 false No description of principal activity Taxfiler 2022.7.1 1803083business:PrivateLimitedCompanyLtd2021-02-012022-01-31 18030832021-01-31 18030832021-02-012022-01-31 1803083business:AuditExemptWithAccountantsReport2021-02-012022-01-31 1803083business:FullAccounts2021-02-012022-01-31 18030832022-01-31 1803083business:Director12021-02-012022-01-31 1803083business:Director22021-02-012022-01-31 1803083business:Director32021-02-012022-01-31 1803083business:Director42021-02-012022-01-31 1803083business:CompanySecretary12021-02-012022-01-31 1803083business:RegisteredOffice2021-02-012022-01-31 18030832021-01-31 1803083core:WithinOneYear2022-01-31 1803083core:WithinOneYear2021-01-31 1803083core:ShareCapital2022-01-31 1803083core:ShareCapital2021-01-31 1803083core:RetainedEarningsAccumulatedLosses2022-01-31 1803083core:RetainedEarningsAccumulatedLosses2021-01-31 1803083business:SmallEntities2021-02-012022-01-31 1803083countries:EnglandWales2021-02-012022-01-31 1803083core:FurnitureFittings2021-02-012022-01-31 1803083core:ComputerEquipment2021-02-012022-01-31 1803083core:FurnitureFittings2021-01-31 1803083core:ComputerEquipment2021-01-31 1803083core:FurnitureFittings2022-01-31 1803083core:ComputerEquipment2022-01-31 1803083core:AdditionsToInvestments2022-01-31 1803083core:RevaluationsIncreaseDecreaseInInvestments2022-01-31 1803083core:DisposalsRepaymentsInvestments2022-01-31 18030832020-02-012021-01-31 iso4217:GBP xbrli:pure
Company Registration No. 1803083 (England and Wales)
V.J. Portfolio Ltd Unaudited accounts for the year ended 31 January 2022
V.J. Portfolio Ltd Unaudited accounts Contents
Page
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V.J. Portfolio Ltd Company Information for the year ended 31 January 2022
Directors
A. D. Alway N. M. Alway E. J. Alway C. M. Alway
Secretary
A D Alway
Company Number
1803083 (England and Wales)
Registered Office
Moreton House 31 High Street Buckingham MK18 1NU
Accountants
Anthistle Craven Moreton House 31 High Street Buckingham Bucks MK18 1NU
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V.J. Portfolio Ltd Statement of financial position as at 31 January 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,621 
2,372 
Investment property
5
1,560,151 
1,560,151 
Investments
6
3,967,539 
3,855,033 
5,530,311 
5,417,556 
Current assets
Debtors
7
5,523 
3,358 
Cash at bank and in hand
76,583 
234,841 
82,106 
238,199 
Creditors: amounts falling due within one year
8
(4,162,196)
(4,343,923)
Net current liabilities
(4,080,090)
(4,105,724)
Total assets less current liabilities
1,450,221 
1,311,832 
Provisions for liabilities
Deferred tax
(498)
(947)
Net assets
1,449,723 
1,310,885 
Capital and reserves
Called up share capital
2,000 
2,000 
Profit and loss account
1,447,723 
1,308,885 
Shareholders' funds
1,449,723 
1,310,885 
For the year ending 31 January 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2022 and were signed on its behalf by
A. D. Alway Director Company Registration No. 1803083
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V.J. Portfolio Ltd Notes to the Accounts for the year ended 31 January 2022
1
Statutory information
V.J. Portfolio Ltd is a private company, limited by shares, registered in England and Wales, registration number 1803083. The registered office is Moreton House, 31 High Street, Buckingham, MK18 1NU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance
Computer equipment
33% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2021
1,625 
6,036 
7,661 
Additions
449 
875 
1,324 
At 31 January 2022
2,074 
6,911 
8,985 
Depreciation
At 1 February 2021
959 
4,330 
5,289 
Charge for the year
223 
852 
1,075 
At 31 January 2022
1,182 
5,182 
6,364 
Net book value
At 31 January 2022
892 
1,729 
2,621 
At 31 January 2021
666 
1,706 
2,372 
5
Investment property
2022 
£ 
Fair value at 1 February 2021
1,560,151 
At 31 January 2022
1,560,151 
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V.J. Portfolio Ltd Notes to the Accounts for the year ended 31 January 2022
6
Investments
Other investments 
£ 
Valuation at 1 February 2021
3,855,033 
Additions
730,063 
Fair value adjustments
116,458 
Disposals
(734,015)
Valuation at 31 January 2022
3,967,539 
7
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Accrued income and prepayments
5,023 
2,858 
Other debtors
500 
500 
5,523 
3,358 
8
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
2,521 
- 
Taxes and social security
18,106 
17,786 
Other creditors
615 
120 
Loans from directors
4,139,901 
4,320,353 
Accruals
1,053 
1,050 
Deferred income
- 
4,614 
4,162,196 
4,343,923 
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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