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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
Page
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Village Times Limited Company Information for the year ended 31 March 2024
Director
J Chipperfield
Company Number
01876312 (England and Wales)
Registered Office
Birch Croft Pinelands Road Chilworth SO16 7HH England
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Village Times Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
149 
290 
Tangible assets
10,375 
13,340 
10,524 
13,630 
Current assets
Inventories
- 
300 
Debtors
- 
201 
Cash at bank and in hand
20 
25 
20 
526 
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)
Capital and reserves
Called up share capital
100 
100 
Share premium
9,975 
9,975 
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
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Village Times Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
2,153 
At 31 March 2024
2,153 
Amortisation
At 1 April 2023
1,863 
Charge for the year
141 
At 31 March 2024
2,004 
Net book value
At 31 March 2024
149 
At 31 March 2023
290 
Intangible Assets are stated at cost less amortisation costs and any accumulated impairment charges
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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 
Depreciation
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 
Net book value
At 31 March 2024
5,025 
3,145 
2,205 
10,375 
At 31 March 2023
6,700 
3,700 
2,940 
13,340 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
201 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(400)
- 
Other creditors
37,370 
44,962 
Loans from directors
32,614 
26,623 
Accruals
3,600 
2,400 
73,184 
73,985 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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