Vartry Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 09988711 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 4 FEBRUARY 2016 TO 28 FEBRUARY 2017

FOR

VARTRY LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

A Oestreicher

REGISTERED OFFICE:

162 Osbaldeston Road

Stamford Hill

London

N16 6NJ

REGISTERED NUMBER:

09988711 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

3

833,293

CURRENT ASSETS

Debtors

4

47,489

Cash at bank

4,262

51,751

CREDITORS

Amounts falling due within one year

5

323,245

NET CURRENT LIABILITIES

(271,494

)

TOTAL ASSETS LESS CURRENT LIABILITIES

561,799

CREDITORS

Amounts falling due after more than one year

6

598,819

NET LIABILITIES

(37,020

)

CAPITAL AND RESERVES

Called up share capital

7

1

Retained earnings

8

(37,021

)

SHAREHOLDERS' FUNDS

(37,020

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 3 November 2017 and were signed by:

A Oestreicher - Director

1.	STATUTORY INFORMATION

Vartry Ltd is a private company, limited by shares , registered in England and Wales. The company's registered

number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the statement of financial position date.

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

833,293

At 28 February 2017

833,293

NET BOOK VALUE

At 28 February 2017

833,293

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

47,489

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

322,525

Accrued expenses

720

323,245

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans more 5 yrs non-inst

598,819

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

598,819

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

8.

RESERVES

Retained

earnings

£

Deficit for the period

(37,021

)

At 28 February 2017

(37,021

)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is A Oestreicher.