IRIS Accounts Production v23.4.0.336 10741766 director 1.7.22 30.6.23 30.6.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh107417662022-06-30107417662023-06-30107417662022-07-012023-06-30107417662021-06-30107417662021-07-012022-06-30107417662022-06-3010741766ns15:EnglandWales2022-07-012023-06-3010741766ns14:PoundSterling2022-07-012023-06-3010741766ns10:Director12022-07-012023-06-3010741766ns10:PrivateLimitedCompanyLtd2022-07-012023-06-3010741766ns10:SmallEntities2022-07-012023-06-3010741766ns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3010741766ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3010741766ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-3010741766ns10:FullAccounts2022-07-012023-06-3010741766ns10:RegisteredOffice2022-07-012023-06-3010741766ns5:CurrentFinancialInstruments2023-06-3010741766ns5:CurrentFinancialInstruments2022-06-3010741766ns5:Non-currentFinancialInstruments2023-06-3010741766ns5:Non-currentFinancialInstruments2022-06-3010741766ns5:ShareCapital2023-06-3010741766ns5:ShareCapital2022-06-3010741766ns5:RevaluationReserve2023-06-3010741766ns5:RevaluationReserve2022-06-3010741766ns5:RetainedEarningsAccumulatedLosses2023-06-3010741766ns5:RetainedEarningsAccumulatedLosses2022-06-3010741766ns5:CostValuation2022-06-3010741766ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3010741766ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3010741766ns5:RevaluationReserve2022-06-30
REGISTERED NUMBER: 10741766 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th June 2023

for

Viesta Holdings Limited

Viesta Holdings Limited (Registered number: 10741766)






Contents of the Financial Statements
for the Year Ended 30th June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Viesta Holdings Limited

Company Information
for the Year Ended 30th June 2023







DIRECTOR: A L Carroll





REGISTERED OFFICE: 169 Rose Lane
Liverpool
Merseyside
L18 5EA





REGISTERED NUMBER: 10741766 (England and Wales)





ACCOUNTANTS: OCG Accountants Ltd
Biz Hub Tees Valley
Belasis Hall Technology Park
Coxwold Way
Billingham
Co. Durham
TS23 4EA

Viesta Holdings Limited (Registered number: 10741766)

Balance Sheet
30th June 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 200 200
Investment property 5 1,500,000 1,500,000
1,500,200 1,500,200

CURRENT ASSETS
Debtors 6 296,041 222,416
Cash at bank 1,283 4,987
297,324 227,403
CREDITORS
Amounts falling due within one year 7 (508,822 ) (496,108 )
NET CURRENT LIABILITIES (211,498 ) (268,705 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,288,702 1,231,495

CREDITORS
Amounts falling due after more than one
year

8

(976,044

)

(992,311

)

PROVISIONS FOR LIABILITIES (77,500 ) (77,500 )
NET ASSETS 235,158 161,684

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 10 407,897 407,897
Retained earnings (172,839 ) (246,313 )
235,158 161,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2023 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.

Viesta Holdings Limited (Registered number: 10741766)

Balance Sheet - continued
30th June 2023


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

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 and authorised for issue on 13th March 2024 and were signed by:





A L Carroll - Director


Viesta Holdings Limited (Registered number: 10741766)

Notes to the Financial Statements
for the Year Ended 30th June 2023

1. STATUTORY INFORMATION

Viesta Holdings Limited 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.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

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 year 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 balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Viesta Holdings Limited (Registered number: 10741766)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2023

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st July 2022
and 30th June 2023 200
NET BOOK VALUE
At 30th June 2023 200
At 30th June 2022 200

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st July 2022
and 30th June 2023 1,500,000
NET BOOK VALUE
At 30th June 2023 1,500,000
At 30th June 2022 1,500,000

The director sees no benefit in revaluing the property.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 296,041 222,416

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 22,185 22,185
Other creditors 486,637 473,923
508,822 496,108

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 976,044 992,311

Viesta Holdings Limited (Registered number: 10741766)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2023

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 976,044 992,311

10. RESERVES
Revaluation
reserve
£   
At 1st July 2022
and 30th June 2023 407,897