IRIS Accounts Production v24.1.4.33 11404426 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh114044262023-03-31114044262024-03-31114044262023-04-012024-03-31114044262022-03-31114044262022-04-012023-03-31114044262023-03-3111404426ns15:EnglandWales2023-04-012024-03-3111404426ns14:PoundSterling2023-04-012024-03-3111404426ns10:Director12023-04-012024-03-3111404426ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111404426ns10:SmallEntities2023-04-012024-03-3111404426ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111404426ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111404426ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111404426ns10:FullAccounts2023-04-012024-03-3111404426ns10:OrdinaryShareClass12023-04-012024-03-3111404426ns10:Director22023-04-012024-03-3111404426ns10:CompanySecretary12023-04-012024-03-3111404426ns10:RegisteredOffice2023-04-012024-03-3111404426ns5:CurrentFinancialInstruments2024-03-3111404426ns5:CurrentFinancialInstruments2023-03-3111404426ns5:ShareCapital2024-03-3111404426ns5:ShareCapital2023-03-3111404426ns5:RetainedEarningsAccumulatedLosses2024-03-3111404426ns5:RetainedEarningsAccumulatedLosses2023-03-3111404426ns5:ComputerEquipment2023-04-012024-03-3111404426ns5:ComputerEquipment2023-03-3111404426ns5:ComputerEquipment2024-03-3111404426ns5:ComputerEquipment2023-03-3111404426ns10:OrdinaryShareClass12024-03-311140442612023-04-012024-03-31
REGISTERED NUMBER: 11404426 (England and Wales)


















VINATAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






VINATAL LIMITED (REGISTERED NUMBER: 11404426)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VINATAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: A Tabatabai
V Kolahi





SECRETARY: A Tabatabai





REGISTERED OFFICE: Elfed House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
CF23 8RS





REGISTERED NUMBER: 11404426 (England and Wales)





ACCOUNTANTS: MHA (trading name of MacIntyre Hudson LLP)
Limited liability partnership in England & Wales
Registered number OC312313
Elfed House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
County of Cardiff
CF23 8RS

VINATAL LIMITED (REGISTERED NUMBER: 11404426)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 324 624
Investment property 5 188,956 188,956
189,280 189,580

CURRENT ASSETS
Cash at bank 58,666 50,434

CREDITORS
Amounts falling due within one year 6 (257,526 ) (245,820 )
NET CURRENT LIABILITIES (198,860 ) (195,386 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,580

)

(5,806

)

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (9,680 ) (5,906 )
SHAREHOLDERS' FUNDS (9,580 ) (5,806 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2025 and were signed on its behalf by:





A Tabatabai - Director


VINATAL LIMITED (REGISTERED NUMBER: 11404426)

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


1. STATUTORY INFORMATION

VINATAL 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.

The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to the nearest pound.

The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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 as modified by the revaluation of certain assets.

Going concern
At 31 March 2024 the company had net current liabilities of £198,860 and net liabilities of £9,580. The going concern basis is considered appropriate for the preparation of the financial statements due to the continued financial support of the directors and related companies.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - Straight line over 3 years

Investment property
Investment properties are carried at fair value. Revaluation surpluses and deficits are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold, or the deferred tax liability is settled.

Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantively enacted at 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.

Non-derivative financial instruments
Basic financial instruments are recognised at amortised cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

VINATAL LIMITED (REGISTERED NUMBER: 11404426)

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


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023
and 31 March 2024 899
DEPRECIATION
At 1 April 2023 275
Charge for year 300
At 31 March 2024 575
NET BOOK VALUE
At 31 March 2024 324
At 31 March 2023 624

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 188,956
NET BOOK VALUE
At 31 March 2024 188,956
At 31 March 2023 188,956

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 188,956

The directors do not believe the fair value of the investment property differs significantly from its cost at 31 March 2024. In valuing the property the directors have considered future anticipated rental yields of the property.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to related party 256,566 244,380
Accruals and deferred income 960 1,440
257,526 245,820

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

8. RELATED PARTY DISCLOSURES

After the year end but prior to the date of this report, loan financing was guaranteed by companies under common control.

VINATAL LIMITED (REGISTERED NUMBER: 11404426)

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


9. POST BALANCE SHEET EVENTS

After the year end but prior to the date of this report, the company purchased a property for £1,050,000 and obtained loan financing to do so.