2023-02-012024-01-312024-01-31false10573021B VILLAGE LTD2024-10-25iso4217:GBPxbrli:pure105730212023-02-01105730212024-01-31105730212023-02-012024-01-31105730212022-02-01105730212023-01-31105730212022-02-012023-01-3110573021bus:SmallEntities2023-02-012024-01-3110573021bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3110573021bus:FullAccounts2023-02-012024-01-3110573021bus:PrivateLimitedCompanyLtd2023-02-012024-01-3110573021core:WithinOneYear2024-01-3110573021core:AfterOneYear2024-01-3110573021core:WithinOneYear2023-01-3110573021core:AfterOneYear2023-01-3110573021core:ShareCapital2024-01-3110573021core:SharePremium2024-01-3110573021core:RevaluationReserve2024-01-3110573021core:OtherReservesSubtotal2024-01-3110573021core:RetainedEarningsAccumulatedLosses2024-01-3110573021core:ShareCapital2023-01-3110573021core:SharePremium2023-01-3110573021core:RevaluationReserve2023-01-3110573021core:OtherReservesSubtotal2023-01-3110573021core:RetainedEarningsAccumulatedLosses2023-01-3110573021core:LandBuildings2024-01-3110573021core:PlantMachinery2024-01-3110573021core:Vehicles2024-01-3110573021core:FurnitureFittings2024-01-3110573021core:OfficeEquipment2024-01-3110573021core:NetGoodwill2024-01-3110573021core:IntangibleAssetsOtherThanGoodwill2024-01-3110573021core:ListedExchangeTraded2024-01-3110573021core:UnlistedNon-exchangeTraded2024-01-3110573021core:LandBuildings2023-01-3110573021core:PlantMachinery2023-01-3110573021core:Vehicles2023-01-3110573021core:FurnitureFittings2023-01-3110573021core:OfficeEquipment2023-01-3110573021core:NetGoodwill2023-01-3110573021core:IntangibleAssetsOtherThanGoodwill2023-01-3110573021core:ListedExchangeTraded2023-01-3110573021core:UnlistedNon-exchangeTraded2023-01-3110573021core:LandBuildings2023-02-012024-01-3110573021core:PlantMachinery2023-02-012024-01-3110573021core:Vehicles2023-02-012024-01-3110573021core:FurnitureFittings2023-02-012024-01-3110573021core:OfficeEquipment2023-02-012024-01-3110573021core:NetGoodwill2023-02-012024-01-3110573021core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3110573021core:ListedExchangeTraded2023-02-012024-01-3110573021core:UnlistedNon-exchangeTraded2023-02-012024-01-3110573021core:MoreThanFiveYears2023-02-012024-01-3110573021core:Non-currentFinancialInstruments2024-01-3110573021core:Non-currentFinancialInstruments2023-01-3110573021dpl:CostSales2023-02-012024-01-3110573021dpl:DistributionCosts2023-02-012024-01-3110573021core:LandBuildings2023-02-012024-01-3110573021core:PlantMachinery2023-02-012024-01-3110573021core:Vehicles2023-02-012024-01-3110573021core:FurnitureFittings2023-02-012024-01-3110573021core:OfficeEquipment2023-02-012024-01-3110573021dpl:AdministrativeExpenses2023-02-012024-01-3110573021core:NetGoodwill2023-02-012024-01-3110573021core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3110573021dpl:GroupUndertakings2023-02-012024-01-3110573021dpl:ParticipatingInterests2023-02-012024-01-3110573021dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3110573021core:ListedExchangeTraded2023-02-012024-01-3110573021dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3110573021core:UnlistedNon-exchangeTraded2023-02-012024-01-3110573021dpl:CostSales2022-02-012023-01-3110573021dpl:DistributionCosts2022-02-012023-01-3110573021core:LandBuildings2022-02-012023-01-3110573021core:PlantMachinery2022-02-012023-01-3110573021core:Vehicles2022-02-012023-01-3110573021core:FurnitureFittings2022-02-012023-01-3110573021core:OfficeEquipment2022-02-012023-01-3110573021dpl:AdministrativeExpenses2022-02-012023-01-3110573021core:NetGoodwill2022-02-012023-01-3110573021core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3110573021dpl:GroupUndertakings2022-02-012023-01-3110573021dpl:ParticipatingInterests2022-02-012023-01-3110573021dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3110573021core:ListedExchangeTraded2022-02-012023-01-3110573021dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3110573021core:UnlistedNon-exchangeTraded2022-02-012023-01-3110573021core:NetGoodwill2024-01-3110573021core:IntangibleAssetsOtherThanGoodwill2024-01-3110573021core:LandBuildings2024-01-3110573021core:PlantMachinery2024-01-3110573021core:Vehicles2024-01-3110573021core:FurnitureFittings2024-01-3110573021core:OfficeEquipment2024-01-3110573021core:AfterOneYear2024-01-3110573021core:WithinOneYear2024-01-3110573021core:ListedExchangeTraded2024-01-3110573021core:UnlistedNon-exchangeTraded2024-01-3110573021core:ShareCapital2024-01-3110573021core:SharePremium2024-01-3110573021core:RevaluationReserve2024-01-3110573021core:OtherReservesSubtotal2024-01-3110573021core:RetainedEarningsAccumulatedLosses2024-01-3110573021core:NetGoodwill2023-01-3110573021core:IntangibleAssetsOtherThanGoodwill2023-01-3110573021core:LandBuildings2023-01-3110573021core:PlantMachinery2023-01-3110573021core:Vehicles2023-01-3110573021core:FurnitureFittings2023-01-3110573021core:OfficeEquipment2023-01-3110573021core:AfterOneYear2023-01-3110573021core:WithinOneYear2023-01-3110573021core:ListedExchange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B VILLAGE LTD

Registered Number
10573021
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

B VILLAGE LTD
Company Information
for the year from 1 February 2023 to 31 January 2024

Director

DUNN, Shaun Mark

Registered Address

The Hub Endeavour Park, Baker Road
Nelson Park West
Cramlington
NE23 1XA

Registered Number

10573021 (England and Wales)
B VILLAGE LTD
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets31,7292,235
Investment property43,672,8533,672,853
3,674,5823,675,088
Current assets
Debtors526,4969,689
Cash at bank and on hand6205,295
27,11614,984
Creditors amounts falling due within one year6(104,626)(1,874,376)
Net current assets (liabilities)(77,510)(1,859,392)
Total assets less current liabilities3,597,0721,815,696
Creditors amounts falling due after one year7(2,136,965)(439,684)
Net assets1,460,1071,376,012
Capital and reserves
Called up share capital100100
Other reserves1,359,5501,359,550
Profit and loss account100,45716,362
Shareholders' funds81,460,1071,376,012
The financial statements were approved and authorised for issue by the Director on 25 October 2024, and are signed on its behalf by:
DUNN, Shaun Mark
Director
Registered Company No. 10573021
B VILLAGE LTD
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Borrowing costs
Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
Finance costs
Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery5
Investment property
The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Plant & machinery

Total

££
Cost or valuation
At 01 February 232,5302,530
At 31 January 242,5302,530
Depreciation and impairment
At 01 February 23295295
Charge for year506506
At 31 January 24801801
Net book value
At 31 January 241,7291,729
At 31 January 232,2352,235
4.Investment property

£
Fair value at 01 February 233,672,853
At 31 January 243,672,853
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables1,8434,188
Amounts owed by group undertakings9,0001,017
Prepayments and accrued income2,3493,229
Total13,1928,434
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables17,93329,630
Bank borrowings and overdrafts78,0001,835,891
Amounts owed to related parties1,8271,795
Taxation and social security6,0416,286
Accrued liabilities and deferred income825774
Total104,6261,874,376
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts1,930,098219,817
Amounts owed to related parties206,867219,867
Total2,136,965439,684
8.Fair value reserve

£
Fair value reserve at 01 February 231,359,550
At 31 January 241,359,550