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REGISTERED NUMBER: 13981854 (England and Wales)















VIDORIA LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024






VIDORIA LIMITED (REGISTERED NUMBER: 13981854)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VIDORIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTOR: Dr M L R Gonzalez





SECRETARY: Mr D Zephir





REGISTERED OFFICE: Tudor House
16 Cathedral Road
United Kingdom
Cardiff
CF11 9LJ





REGISTERED NUMBER: 13981854 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

VIDORIA LIMITED (REGISTERED NUMBER: 13981854)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 541,909 541,909

CURRENT ASSETS
Debtors 5 100 100
Cash at bank 143 1,403
243 1,503
CREDITORS
Amounts falling due within one year 6 547,609 545,709
NET CURRENT LIABILITIES (547,366 ) (544,206 )
TOTAL ASSETS LESS CURRENT LIABILITIES (5,457 ) (2,297 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (5,557 ) (2,397 )
(5,457 ) (2,297 )

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

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

The director acknowledges her 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.

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 director and authorised for issue on 3rd December 2024 and were signed by:





Dr M L R Gonzalez - Director


VIDORIA LIMITED (REGISTERED NUMBER: 13981854)

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


1. STATUTORY INFORMATION

Vidoria 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.

Investment property
Investment properties are stated at cost which comprises the original purchase price plus associated legal and professional fees relating to the acquisition together with the cost of any renovations required to allow the property to be let.

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.

Repairs and maintenance
In the absence of a specific intention by the board of either a disposition or substantial reconstruction of letting units in investment properties, all expenditure incurred on general repair, maintenance and upgrade is written off as incurred. It is the opinion of the board that the nature of the company's property ownership issuch that any appreciation in value is due to the passage of time rather than intent to improve as policy and is as such reflected through the revaluation reserve.

Going concern
Although the company made a loss in the accounting period and the closing balance sheet shows a deficit, the financial statements have been prepared on the basis of a going concern. The company has incurred
substantial costs in obtaining temporary funding for the initial purchase and renovation of properties.The
acquisitions are now fully let and longer term funding obtained. Subsequent to the year end the company has
obtained further funding for an acquisition. Working capital to fund expenditure above that which has been
obtained from third parties has been provided by the directors. The directors anticipate increasing income and a reduction in costs relating to each property, thus moving to to a breakeven trading position followed by
annual profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

VIDORIA LIMITED (REGISTERED NUMBER: 13981854)

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


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2023
and 31st March 2024 541,909
NET BOOK VALUE
At 31st March 2024 541,909
At 31st March 2023 541,909

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 100 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 900 -
Other creditors 546,709 545,709
547,609 545,709

7. RELATED PARTY DISCLOSURES

Included in creditors, amounts falling due within one year is £545,809 (2023 : £109,000) due to Specialist Skin Clinic Limited which is interest free, unsecured and with no specific terms for repayment.