Company Registration No. 01876312 (England and Wales)
Village Times Limited
Unaudited accounts
for the year ended 31 March 2024
Village Times Limited
Unaudited accounts
Contents
Village Times Limited
Company Information
for the year ended 31 March 2024
Company Number
01876312 (England and Wales)
Registered Office
Birch Croft
Pinelands Road
Chilworth
SO16 7HH
England
Village Times Limited
Statement of financial position
as at 31 March 2024
Tangible assets
10,375
13,340
Cash at bank and in hand
20
25
Creditors: amounts falling due within one year
(73,184)
(73,985)
Net current liabilities
(73,164)
(73,459)
Total assets less current liabilities
(62,640)
(59,829)
Provisions for liabilities
Deferred tax
(6,767)
(6,767)
Net liabilities
(69,407)
(66,596)
Called up share capital
100
100
Profit and loss account
(79,482)
(76,671)
Shareholders' funds
(69,407)
(66,596)
For the year ending 31 March 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 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 26 November 2024 and were signed on its behalf by
J Chipperfield
Director
Company Registration No. 01876312
Village Times Limited
Notes to the Accounts
for the year ended 31 March 2024
Village Times Limited is a private company, limited by shares, registered in England and Wales, registration number 01876312. The registered office is Birch Croft, Pinelands Road, Chilworth, SO16 7HH, 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.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Intangible Assets are stated at cost less amortisation costs and any accumulated impairment charges
Village Times Limited
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
33,830
34,364
17,764
85,958
At 31 March 2024
33,830
34,364
17,764
85,958
At 1 April 2023
27,130
30,664
14,824
72,618
Charge for the year
1,675
555
735
2,965
At 31 March 2024
28,805
31,219
15,559
75,583
At 31 March 2024
5,025
3,145
2,205
10,375
At 31 March 2023
6,700
3,700
2,940
13,340
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Other creditors
37,370
44,962
Loans from directors
32,614
26,623
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).