IRIS Accounts Production v24.1.0.578 11676382 director 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116763822022-11-30116763822023-11-30116763822022-12-012023-11-30116763822021-11-30116763822021-12-012022-11-30116763822022-11-3011676382ns15:EnglandWales2022-12-012023-11-3011676382ns14:PoundSterling2022-12-012023-11-3011676382ns10:Director12022-12-012023-11-3011676382ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3011676382ns10:SmallEntities2022-12-012023-11-3011676382ns10:AuditExemptWithAccountantsReport2022-12-012023-11-3011676382ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3011676382ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3011676382ns10:AbridgedAccounts2022-12-012023-11-3011676382ns10:RegisteredOffice2022-12-012023-11-3011676382ns5:CurrentFinancialInstruments2023-11-3011676382ns5:CurrentFinancialInstruments2022-11-3011676382ns5:ShareCapital2023-11-3011676382ns5:ShareCapital2022-11-3011676382ns5:RetainedEarningsAccumulatedLosses2023-11-3011676382ns5:RetainedEarningsAccumulatedLosses2022-11-3011676382ns5:FurnitureFittings2022-12-012023-11-3011676382ns5:FurnitureFittings2022-11-3011676382ns5:FurnitureFittings2023-11-3011676382ns5:FurnitureFittings2022-11-3011676382ns5:CostValuation2022-11-3011676382ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3011676382ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3011676382ns5:RetainedEarningsAccumulatedLosses2022-11-3011676382ns5:RetainedEarningsAccumulatedLosses2022-12-012023-11-30
REGISTERED NUMBER: 11676382 (England and Wales)


Villaguest Limited

Abridged Unaudited Financial Statements

for the Year Ended 30 November 2023






Villaguest Limited (Registered number: 11676382)






Contents of the Financial Statements
for the year ended 30 November 2023




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Villaguest Limited

Company Information
for the year ended 30 November 2023







DIRECTOR: Mr U Tasandere





REGISTERED OFFICE: 22 Elmore Road
Enfield
United Kingdom
EN3 5QA





REGISTERED NUMBER: 11676382 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Villaguest Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Villaguest Limited for the year ended 30 November 2023 which comprise the Abridged Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Villaguest Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Villaguest Limited and state those matters that we have agreed to state to the director of Villaguest Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Villaguest Limited and its director for our work or for this report.

It is your duty to ensure that Villaguest Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Villaguest Limited. You consider that Villaguest Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Villaguest Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


19 April 2024

Villaguest Limited (Registered number: 11676382)

Statement of Financial Position
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 477 596
Investments 5 100 100
577 696

CURRENT ASSETS
Debtors 6 388,488 385,180
Cash at bank - 10,767
388,488 395,947
CREDITORS
Amounts falling due within one year 7 142,032 149,009
NET CURRENT ASSETS 246,456 246,938
TOTAL ASSETS LESS CURRENT
LIABILITIES

247,033

247,634

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 246,933 247,534
SHAREHOLDERS' FUNDS 247,033 247,634

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

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

Villaguest Limited (Registered number: 11676382)

Statement of Financial Position - continued
30 November 2023


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

All the members have consented to the preparation of an abridged Income Statement for the year ended 30 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 19 April 2024 and were signed by:





Mr U Tasandere - Director


Villaguest Limited (Registered number: 11676382)

Notes to the Financial Statements
for the year ended 30 November 2023

1. STATUTORY INFORMATION

Villaguest 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.

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 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is generated from the ordinary activities of the business and is recognised when the customer takes delivery of the goods. All turnover are derived from sales in the UK.

In the case of investment income, it is recognise when the company obtains the right to the consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 statement of financial position date.


Villaguest Limited (Registered number: 11676382)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and
fittings
£   
COST
At 1 December 2022
and 30 November 2023 1,131
DEPRECIATION
At 1 December 2022 535
Charge for year 119
At 30 November 2023 654
NET BOOK VALUE
At 30 November 2023 477
At 30 November 2022 596

Villaguest Limited (Registered number: 11676382)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 December 2022
and 30 November 2023 100
NET BOOK VALUE
At 30 November 2023 100
At 30 November 2022 100

Fixed asset investment of £100 represents the cost of acquiring 100% interest in the share capital of M & A Vegetable Limited, a UK registered company.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 388,375 383,215
Tax 113 -
VAT - 1,965
388,488 385,180

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 3,000
Tax 29,139 29,139
Directors' current accounts 112,393 114,370
Accrued expenses 500 2,500
142,032 149,009

8. RESERVES
Retained
earnings
£   

At 1 December 2022 247,534
Profit for the year 219,399
Dividends (220,000 )
At 30 November 2023 246,933

Villaguest Limited (Registered number: 11676382)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

9. RELATED PARTY DISCLOSURES

Entities with control, joint control or significant influence over the entity

2023 2022
£    £   
Transfer to related party 5,160 111,992
Amount due from related party 388,375 383,215