1 November 2022 false No description of principal activity Taxfiler 2024.4 04274520business:PrivateLimitedCompanyLtd2022-11-012023-10-31 042745202022-10-31 042745202022-11-012023-10-31 04274520business:AuditExemptWithAccountantsReport2022-11-012023-10-31 04274520business:FilletedAccounts2022-11-012023-10-31 042745202023-10-31 04274520business:Director12022-11-012023-10-31 04274520business:Director22022-11-012023-10-31 04274520business:RegisteredOffice2022-11-012023-10-31 042745202022-10-31 04274520core:WithinOneYear2023-10-31 04274520core:WithinOneYear2022-10-31 04274520core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 04274520core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 04274520core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 04274520core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 04274520core:PreviouslyStatedAmount2023-10-31 04274520core:PreviouslyStatedAmount2022-10-31 04274520business:SmallEntities2022-11-012023-10-31 04274520countries:EnglandWales2022-11-012023-10-31 04274520core:Goodwill2022-10-31 04274520core:Goodwill2023-10-31 04274520core:Goodwill2022-11-012023-10-31 042745202021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 04274520 (England and Wales)
Menorca Villa Holidays (Property Letting) Limited Unaudited accounts for the year ended 31 October 2023
Menorca Villa Holidays (Property Letting) Limited Unaudited accounts Contents
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Menorca Villa Holidays (Property Letting) Limited Company Information for the year ended 31 October 2023
Directors
Jeffrey Barker Sarah Jane Davies
Company Number
04274520 (England and Wales)
Registered Office
26 Millers Hill Houghton le Spring Tyne and Wear DH4 7AJ England
Accountants
PAUL PURDHAM 26 MILLERS HILL HOUGHTON LE SPRING TYNE AND WEAR DH4 7AJ
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Menorca Villa Holidays (Property Letting) Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
10,000 
12,500 
Current assets
Debtors
1,062 
- 
Cash at bank and in hand
6,601 
5,493 
7,663 
5,493 
Creditors: amounts falling due within one year
(59,940)
(47,133)
Net current liabilities
(52,277)
(41,640)
Net liabilities
(42,277)
(29,140)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(42,279)
(29,142)
Shareholders' funds
(42,277)
(29,140)
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by
Jeffrey Barker Director Company Registration No. 04274520
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Menorca Villa Holidays (Property Letting) Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Menorca Villa Holidays (Property Letting) Limited is a private company, limited by shares, registered in England and Wales, registration number 04274520. The registered office is 26 Millers Hill, Houghton le Spring, Tyne and Wear, DH4 7AJ, England.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: Goodwill - 10% straight line
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2022
25,000 
At 31 October 2023
25,000 
Amortisation
At 1 November 2022
12,500 
Charge for the year
2,500 
At 31 October 2023
15,000 
Net book value
At 31 October 2023
10,000 
At 31 October 2022
12,500 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,062 
- 
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Menorca Villa Holidays (Property Letting) Limited Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
13,173 
1,158 
Loans from directors
40,597 
40,115 
Accruals
6,170 
5,860 
59,940 
47,133 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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