Company Registration No. 11505397 (England and Wales)
V2 RESERVE LIMITED
Unaudited accounts
for the year ended 31 August 2021
V2 RESERVE LIMITED
Unaudited accounts
Contents
V2 RESERVE LIMITED
Company Information
for the year ended 31 August 2021
Director
Pankaj Dattatray BUCHADE
Company Number
11505397 (England and Wales)
Registered Office
14 MULBERRY DRIVE
SLOUGH
SL3 7JU
UNITED KINGDOM
Accountants
CCA Accountants Limited
14 Mulberry Drive
Slough
SL3 7JU
V2 RESERVE LIMITED
Statement of financial position
as at
31 August 2021
Investment property
359,308
359,308
Cash at bank and in hand
2,721
4,928
Creditors: amounts falling due within one year
(30,319)
(30,199)
Net current liabilities
(27,598)
(25,271)
Total assets less current liabilities
331,710
334,037
Creditors: amounts falling due after more than one year
(331,420)
(331,419)
Called up share capital
1
1
Profit and loss account
289
2,617
Shareholders' funds
290
2,618
For the year ending 31 August 2021 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 director acknowledges his 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 and authorised for issue on 20 May 2022 and were signed on its behalf by
Pankaj Dattatray BUCHADE
Director
Company Registration No. 11505397
V2 RESERVE LIMITED
Notes to the Accounts
for the year ended 31 August 2021
V2 RESERVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11505397. The registered office is 14 MULBERRY DRIVE, SLOUGH, SL3 7JU, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in sterling.
4
Investment property
2021
Fair value at 1 September 2020
359,308
At 31 August 2021
359,308
5
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
10,065
10,065
Taxes and social security
-
614
Loans from directors
20,254
19,520
Security against the loans: The 2 properties held by the company
6
Creditors: amounts falling due after more than one year
2021
2020
Bank loans
262,920
262,919
Amounts owed to group undertakings and other participating interests
68,500
68,500
Aggregate of amounts that fall due for payment after five years
262,920
262,919
Security against the loans: The 2 properties held by the company
V2 RESERVE LIMITED
Notes to the Accounts
for the year ended 31 August 2021
7
Average number of employees
During the year the average number of employees was 1 (2020: 1).