ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

VESTA PROPERTY SERVICES LIMITED - Company Information

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Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-312truetrue2021-01-01No description of principal activity2true 10852835 2021-01-01 2021-12-31 10852835 2020-01-01 2020-12-31 10852835 2021-12-31 10852835 2020-12-31 10852835 c:Director2 2021-01-01 2021-12-31 10852835 d:CurrentFinancialInstruments 2021-12-31 10852835 d:CurrentFinancialInstruments 2020-12-31 10852835 d:Non-currentFinancialInstruments 2021-12-31 10852835 d:Non-currentFinancialInstruments 2020-12-31 10852835 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 10852835 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 10852835 d:ShareCapital 2021-12-31 10852835 d:ShareCapital 2020-12-31 10852835 d:RetainedEarningsAccumulatedLosses 2021-12-31 10852835 d:RetainedEarningsAccumulatedLosses 2020-12-31 10852835 c:OrdinaryShareClass1 2021-01-01 2021-12-31 10852835 c:OrdinaryShareClass1 2021-12-31 10852835 c:OrdinaryShareClass1 2020-12-31 10852835 c:EntityHasNeverTraded 2021-01-01 2021-12-31 10852835 c:FRS102 2021-01-01 2021-12-31 10852835 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 10852835 c:FullAccounts 2021-01-01 2021-12-31 10852835 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10852835









VESTA PROPERTY SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2021
 
VESTA PROPERTY SERVICES LIMITED
REGISTERED NUMBER: 10852835

BALANCE SHEET
AS AT 31 DECEMBER 2021

2021
2020
Note
£
£

  

Current assets
  

Debtors: amounts falling due after more than one year
 4 
1
1

Cash at bank and in hand
 5 
82
82

  
83
83

Creditors: amounts falling due within one year
 6 
(2,200)
(2,200)

Net current liabilities
  
 
 
(2,117)
 
 
(2,117)

Total assets less current liabilities
  
(2,117)
(2,117)

  

Net liabilities
  
(2,117)
(2,117)


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
(2,118)
(2,118)

  
(2,117)
(2,117)


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VESTA PROPERTY SERVICES LIMITED
REGISTERED NUMBER: 10852835
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2021

For the year ended 31 December 2021 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




D H S Toplas
Director

Date: 28 September 2022

The notes on pages 3 to 4 form part of these financial statements.

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VESTA PROPERTY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1.


General information

Vesta Property Services Limited is a private company limited by shares. The company is incorporated in England and Wales and the address of its registered office is Aston House, Cornwall Avenue, London N3 1LF. The company registration number is 10852835. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Going concern

The Company's liabilities exceed its assets, however the Company retains the financial support of its shareholder and as such the Directors consider it appropriate to prepare the accounts on a going concern basis.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2020 - 2).

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VESTA PROPERTY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

4.


Debtors


Due after more than one year

Amounts owed by group undertakings
1
1

1
1



5.


Cash and cash equivalents

2021
2020
£
£

Cash at bank and in hand
82
82

82
82



6.


Creditors: Amounts falling due within one year

2021
2020
£
£

Amounts owed to group undertakings
200
200

Accruals and deferred income
2,000
2,000

2,200
2,200



7.


Share capital

2021
2020
£
£
Allotted, called up and fully paid



1 (2020 - 1) Ordinary share share of £1.00
1
1



8.


Controlling party

The ultimate parent company is Vesta Global Holdings Limited which prepares consolidated financial statements. Its registered office is Aston House, Cornwall Avenue, London N3 1LF. 

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