1 June 2022 false Taxfiler 2023.12 12671483business:PrivateLimitedCompanyLtd2022-06-012023-05-31 126714832022-05-31 126714832022-06-012023-05-31 12671483business:AuditExemptWithAccountantsReport2022-06-012023-05-31 12671483business:FilletedAccounts2022-06-012023-05-31 126714832023-05-31 12671483business:Director12022-06-012023-05-31 12671483business:RegisteredOffice2022-06-012023-05-31 126714832022-05-31 12671483core:WithinOneYear2023-05-31 12671483core:WithinOneYear2022-05-31 12671483core:AfterOneYear2023-05-31 12671483core:AfterOneYear2022-05-31 12671483core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 12671483core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 12671483core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 12671483core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 12671483core:PreviouslyStatedAmount2023-05-31 12671483core:PreviouslyStatedAmount2022-05-31 12671483business:SmallEntities2022-06-012023-05-31 12671483countries:EnglandWales2022-06-012023-05-31 12671483core:MotorVehicles2022-05-31 12671483core:MotorVehicles2023-05-31 12671483core:MotorVehicles2022-06-012023-05-31 126714832021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 12671483 (England and Wales)
VILLA PAINT & CONSTRUCTION LTD Unaudited accounts for the year ended 31 May 2023
VILLA PAINT & CONSTRUCTION LTD Unaudited accounts Contents
Page
- 2 -
VILLA PAINT & CONSTRUCTION LTD Company Information for the year ended 31 May 2023
Director
ILKAY AYDEMIR
Company Number
12671483 (England and Wales)
Registered Office
60 Millmead Business Centre Mill Mead Road LONDON N17 9QU
- 3 -
VILLA PAINT & CONSTRUCTION LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,942 
22,428 
Current assets
Debtors
22,920 
- 
Cash at bank and in hand
25,343 
27,927 
48,263 
27,927 
Creditors: amounts falling due within one year
(60,670)
(1,409)
Net current (liabilities)/assets
(12,407)
26,518 
Total assets less current liabilities
5,535 
48,946 
Creditors: amounts falling due after more than one year
- 
(44,516)
Net assets
5,535 
4,430 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
5,435 
4,330 
Shareholders' funds
5,535 
4,430 
For the year ending 31 May 2023 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 her 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 7 July 2023 and were signed on its behalf by
ILKAY AYDEMIR Director Company Registration No. 12671483
- 4 -
VILLA PAINT & CONSTRUCTION LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
VILLA PAINT & CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 12671483. The registered office is 60 Millmead Business Centre, Mill Mead Road, LONDON, N17 9QU.
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:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2022
29,990 
At 31 May 2023
29,990 
Depreciation
At 1 June 2022
7,562 
Charge for the year
4,486 
At 31 May 2023
12,048 
Net book value
At 31 May 2023
17,942 
At 31 May 2022
22,428 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
22,920 
- 
- 5 -
VILLA PAINT & CONSTRUCTION LTD Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,796 
1,409 
Trade creditors
12,740 
- 
Taxes and social security
285 
- 
Other creditors
45,849 
- 
60,670 
1,409 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Trade creditors
- 
17,314 
Other creditors
- 
27,177 
Taxes and social security
- 
25 
- 
44,516 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -