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REGISTERED NUMBER: 02615756 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2024

FOR

VILLA MARINA LIMITED

VILLA MARINA LIMITED (REGISTERED NUMBER: 02615756)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VILLA MARINA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2024







DIRECTORS: Mr F Terrinoni
Mrs J Terrinoni





SECRETARY: Commercial Secretariat Limited





REGISTERED OFFICE: 18 Thameside
Henley on Thames
Oxfordshire
RG9 1BH





REGISTERED NUMBER: 02615756 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

VILLA MARINA LIMITED (REGISTERED NUMBER: 02615756)

BALANCE SHEET
30TH NOVEMBER 2024

30.11.24 30.11.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 816,270 817,896

CURRENT ASSETS
Stocks 25,000 20,000
Debtors 5 8,166 13,527
Cash at bank and in hand 378,411 395,094
411,577 428,621
CREDITORS
Amounts falling due within one year 6 112,892 112,139
NET CURRENT ASSETS 298,685 316,482
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,114,955

1,134,378

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 19,750 19,750
Retained earnings 1,094,205 1,113,628
SHAREHOLDERS' FUNDS 1,114,955 1,134,378

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13th January 2025 and were signed on its behalf by:





Mr F Terrinoni - Director


VILLA MARINA LIMITED (REGISTERED NUMBER: 02615756)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024

1. STATUTORY INFORMATION

Villa Marina 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.

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 each asset over its estimated useful life.
Improvements to property - in accordance with the property
Fixtures and fittings - 20% on cost
Computer equipment - 25% 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Improvements and Computer
property to property fittings equipment Totals
£ £ £ £ £
COST
At 1st December 2023
and 30th November 2024 815,060 52,529 136,741 3,892 1,008,222
DEPRECIATION
At 1st December 2023 - 52,529 133,905 3,892 190,326
Charge for year - - 1,626 - 1,626
At 30th November 2024 - 52,529 135,531 3,892 191,952
NET BOOK VALUE
At 30th November 2024 815,060 - 1,210 - 816,270
At 30th November 2023 815,060 - 2,836 - 817,896

VILLA MARINA LIMITED (REGISTERED NUMBER: 02615756)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£ £
Trade debtors 278 -
Other debtors 4,100 3,700
Prepayments and accrued income 3,788 9,827
8,166 13,527

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£ £
Trade creditors 46,452 45,821
Tax 16,597 17,670
Social security and other taxes 4,844 6,057
Pension control - 804
Value added tax 30,608 27,249
Wages control 7,136 6,223
Directors' loan accounts 81 1,555
Accruals 7,174 6,760
112,892 112,139

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Terrinoni by virtue of his 75% share holding.