Company Registration No. 14024078 (England and Wales)
BELLE VARNA LTD
Unaudited accounts
for the year ended 30 April 2024
BELLE VARNA LTD
Unaudited accounts
Contents
BELLE VARNA LTD
Company Information
for the year ended 30 April 2024
Director
Ms Lynda Ann Nye-Rashkova
Company Number
14024078 (England and Wales)
Registered Office
Morritt House 54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
Accountants
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
BELLE VARNA LTD
Statement of financial position
as at 30 April 2024
Tangible assets
-
1,530,285
Cash at bank and in hand
36,827
440
Creditors: amounts falling due within one year
(825,497)
(273,514)
Net current liabilities
(788,265)
(250,981)
Total assets less current liabilities
(788,265)
1,279,304
Creditors: amounts falling due after more than one year
-
(1,435,526)
Net liabilities
(788,265)
(156,222)
Called up share capital
100
100
Profit and loss account
(788,365)
(156,322)
Shareholders' funds
(788,265)
(156,222)
For the year ending 30 April 2024 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 30 August 2024 and were signed on its behalf by
Ms Lynda Ann Nye-Rashkova
Director
Company Registration No. 14024078
BELLE VARNA LTD
Notes to the Accounts
for the year ended 30 April 2024
BELLE VARNA LTD is a private company, limited by shares, registered in England and Wales, registration number 14024078. The registered office is Morritt House 54-60 Station Approach, South Ruislip, Ruislip, HA4 6SA.
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.
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:
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Land & buildings
At 30 April 2023
1,530,285
BELLE VARNA LTD
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Accrued income and prepayments
-
3,643
6
Creditors: amounts falling due within one year
2024
2023
Other creditors
1,000
3,595
Loans from directors
823,057
265,157
Included above is a loan of £823,057 (2022 - £265,157) from L A Nye-Rashkova, the company director.
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
-
1,435,526
8
Transactions with related parties
The director is also a director an shareholder of Black Jack’s Mill Ltd, LYVE Group Ltd, Lantrade Global Supplies Ltd and Belle varna developments Ltd.
At the reporting date LYVE Group Ltd owes the company £405 (2022 - NIL)
At the reporting date Belle Varna Development Ltd owed by the company £1,000 (2022 - NIL)
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).