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Company Registration No. 13796170 (England and Wales)
VILLAGE SAVER NEW MILLS LTD Unaudited accounts for the year ended 31 December 2023
VILLAGE SAVER NEW MILLS LTD Unaudited accounts Contents
Page
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VILLAGE SAVER NEW MILLS LTD Company Information for the year ended 31 December 2023
Director
Phassasi KAY
Company Number
13796170 (England and Wales)
Registered Office
52-54 MARKET STREET NEW MILLS HIGH PEAK SK22 4AA ENGLAND
Accountants
May Collis Accountants Limited (Association of Accounting Technicians) Jamieson House Balblair, Dingwall Rosshire IV7 8LG
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VILLAGE SAVER NEW MILLS LTD Accountants' report
Accountants' report to the director of VILLAGE SAVER NEW MILLS LTD on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of VILLAGE SAVER NEW MILLS LTD for the year ended 31 December 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of VILLAGE SAVER NEW MILLS LTD, as a body, in accordance with the terms of our engagement letter dated 4 November 2022. Our work has been undertaken solely to prepare for your approval the accounts of VILLAGE SAVER NEW MILLS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than VILLAGE SAVER NEW MILLS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that VILLAGE SAVER NEW MILLS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of VILLAGE SAVER NEW MILLS LTD. You consider that VILLAGE SAVER NEW MILLS LTD 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 accounts of VILLAGE SAVER NEW MILLS LTD. 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 accounts.
May Collis Accountants Limited (Association of Accounting Technicians) Jamieson House Balblair, Dingwall Rosshire IV7 8LG 23 September 2024
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VILLAGE SAVER NEW MILLS LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
408 
815 
Current assets
Inventories
60,489 
53,950 
Debtors
3,874 
12,271 
Cash at bank and in hand
18,246 
7,935 
82,609 
74,156 
Creditors: amounts falling due within one year
(37,787)
(12,012)
Net current assets
44,822 
62,144 
Total assets less current liabilities
45,230 
62,959 
Creditors: amounts falling due after more than one year
(30,459)
(56,540)
Net assets
14,771 
6,419 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
14,671 
6,319 
Shareholders' funds
14,771 
6,419 
For the year ending 31 December 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 23 September 2024 and were signed on its behalf by
Phassasi KAY Director Company Registration No. 13796170
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VILLAGE SAVER NEW MILLS LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
VILLAGE SAVER NEW MILLS LTD is a private company, limited by shares, registered in England and Wales, registration number 13796170. The registered office is 52-54 MARKET STREET, NEW MILLS, HIGH PEAK, SK22 4AA, 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.
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:
Fixtures & fittings
Useful life for 3 year -straight-line mothod
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2023
1,222 
At 31 December 2023
1,222 
Depreciation
At 1 January 2023
407 
Charge for the year
407 
At 31 December 2023
814 
Net book value
At 31 December 2023
408 
At 31 December 2022
815 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,831 
12,271 
Trade debtors
43 
- 
3,874 
12,271 
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VILLAGE SAVER NEW MILLS LTD Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
5,953 
6,268 
Trade creditors
26,481 
- 
Taxes and social security
2,056 
1,358 
Loans from directors
2,660 
4,386 
Accruals
637 
- 
37,787 
12,012 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
30,459 
56,540 
8
Average number of employees
During the year the average number of employees was 5 (2022: 6).
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