Company Registration No. 13498922 (England and Wales)
VISTABEE COLLECTIVE LIMITED
Unaudited accounts
for the year ended 31 July 2023
VISTABEE COLLECTIVE LIMITED
Unaudited accounts
Contents
VISTABEE COLLECTIVE LIMITED
Company Information
for the year ended 31 July 2023
Director
Robert Anthony Hamilton Wills
Company Number
13498922 (England and Wales)
Registered Office
240 GRESHAM ROAD
SLOUGH
SL1 4PH
ENGLAND
Accountants
Sleek Accounting Ltd
107 Kirkgate
Leeds
West Yorkshire
LS1 6DP
VISTABEE COLLECTIVE LIMITED
Statement of financial position
as at 31 July 2023
Investments
6,528,713
9,228,713
Cash at bank and in hand
1,367
-
Creditors: amounts falling due within one year
(140,189)
(25,422)
Net current liabilities
(121,812)
(6,796)
Total assets less current liabilities
6,406,901
9,221,917
Creditors: amounts falling due after more than one year
(7,018,410)
(9,412,165)
Net liabilities
(611,509)
(190,248)
Called up share capital
98
98
Profit and loss account
(611,607)
(190,346)
Shareholders' funds
(611,509)
(190,248)
For the year ending 31 July 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 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 22 July 2024 and were signed on its behalf by
Robert Anthony Hamilton Wills
Director
Company Registration No. 13498922
VISTABEE COLLECTIVE LIMITED
Notes to the Accounts
for the year ended 31 July 2023
VISTABEE COLLECTIVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13498922. The registered office is 240 GRESHAM ROAD, SLOUGH, SL1 4PH, 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.
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.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
4
Investments
Subsidiary undertakings
Valuation at 1 August 2022
9,228,713
Valuation at 31 July 2023
6,528,713
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Vistabee Limited, a company registered in England & Wales.
The registered office of the above entity is Orchard Brae House Suite 230, Queensferry Road, Edinburgh, Scotland, EH4 2HS.
100% of the voting rights and shares are held.
The principal activity of Vistabee Limited is consultancy.
Amounts falling due within one year
VISTABEE COLLECTIVE LIMITED
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
12,226
10,800
Loans from directors
-
14,622
7
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
2,923,047
2,538,565
Other creditors
3,990,000
6,840,000
Loans from directors
105,363
33,600
Allotted, called up and fully paid:
8,000 Ordinary A shares of £0.01 each
80.00
80.00
1,853 Ordinary B shares of £0.01 each
18.53
18.53
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).