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REGISTERED NUMBER: 13955103 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

LA BELLA VISTA LIMITED

LA BELLA VISTA LIMITED (REGISTERED NUMBER: 13955103)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LA BELLA VISTA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: D J Esposito
A Esposito





REGISTERED OFFICE: 20 Havelock Road
Hastings
East Sussex
TN34 1BP





REGISTERED NUMBER: 13955103 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

LA BELLA VISTA LIMITED (REGISTERED NUMBER: 13955103)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 59,224 56,195

CURRENT ASSETS
Stocks 27,864 12,226
Debtors 5 13,029 13,029
Cash at bank and in hand 108,654 92,441
149,547 117,696
CREDITORS
Amounts falling due within one year 6 116,554 136,801
NET CURRENT ASSETS/(LIABILITIES) 32,993 (19,105 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

92,217

37,090

PROVISIONS FOR LIABILITIES 2,369 1,794
NET ASSETS 89,848 35,296

CAPITAL AND RESERVES
Called up share capital 7 402 402
Retained earnings 89,446 34,894
SHAREHOLDERS' FUNDS 89,848 35,296

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

LA BELLA VISTA LIMITED (REGISTERED NUMBER: 13955103)

BALANCE SHEET - continued
31 MARCH 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by:




A Esposito - Director



D J Esposito - Director


LA BELLA VISTA LIMITED (REGISTERED NUMBER: 13955103)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

La Bella Vista 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.

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.

The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - 25% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

LA BELLA VISTA LIMITED (REGISTERED NUMBER: 13955103)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 26 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2023 30,000 21,032 17,364
Additions 8,305 8,770 1,974
At 31 March 2024 38,305 29,802 19,338
DEPRECIATION
At 1 April 2023 7,500 3,713 3,434
Charge for year 8,811 4,325 2,985
At 31 March 2024 16,311 8,038 6,419
NET BOOK VALUE
At 31 March 2024 21,994 21,764 12,919
At 31 March 2023 22,500 17,319 13,930

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 1,050 2,289 71,735
Additions - 1,207 20,256
At 31 March 2024 1,050 3,496 91,991
DEPRECIATION
At 1 April 2023 263 630 15,540
Charge for year 196 910 17,227
At 31 March 2024 459 1,540 32,767
NET BOOK VALUE
At 31 March 2024 591 1,956 59,224
At 31 March 2023 787 1,659 56,195

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed by group undertakings 7,029 7,029
Other debtors 6,000 6,000
13,029 13,029

LA BELLA VISTA LIMITED (REGISTERED NUMBER: 13955103)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts - 8
Trade creditors 28,430 26,831
Tax 42,794 29,851
Social security and other taxes 5,509 7,910
VAT 12,736 54,300
Other creditors 2,605 984
Directors' current accounts 22,121 14,855
Accrued expenses 2,359 2,062
116,554 136,801

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
400 Ordinary A £1 400 400
1 Ordinary B £1 1 1
1 Ordinary C £1 1 1
402 402

8. RELATED PARTY DISCLOSURES

At the year end the company owed the directors £22,121 (2023: £14,855). The loan is interest free and payable on demand.