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REGISTERED NUMBER: 09356464 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Vistafolia Limited

Vistafolia Limited (Registered number: 09356464)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Vistafolia Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: S Willen





REGISTERED OFFICE: Unit 6, Trade City, Lyon Way
Frimley
Camberley
Surrey
GU16 7AL





REGISTERED NUMBER: 09356464 (England and Wales)





ACCOUNTANTS: Butt Miller
Chartered Accountants
1 Minster Court
Tuscam Way
Camberley
Surrey
GU15 3YY

Vistafolia Limited (Registered number: 09356464)

Statement of Financial Position
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 38,307 12,962

CURRENT ASSETS
Stocks 5 221,412 190,174
Debtors 6 661,376 557,680
Cash at bank and in hand 2,995,018 2,100,508
3,877,806 2,848,362
CREDITORS
Amounts falling due within one year 7 (460,288 ) (423,479 )
NET CURRENT ASSETS 3,417,518 2,424,883
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,455,825

2,437,845

PROVISIONS FOR LIABILITIES (5,203 ) -
NET ASSETS 3,450,622 2,437,845

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,450,522 2,437,745
3,450,622 2,437,845

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

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

The director acknowledges his 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 director and authorised for issue on 25 April 2025 and were signed by:





S Willen - Director


Vistafolia Limited (Registered number: 09356464)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Vistafolia 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 presentation currency of the financial statements is the Pound Sterling (£).


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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Motor vehicles - 20% on cost

Investments
Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Work in progress
Work in progress reflects the accrual of the right to consideration of costs which are yet to be utilised in revenue earning contracts.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.


Vistafolia Limited (Registered number: 09356464)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Operating leases
Rentals paid under operating leases are charged to the Income Statement on a straight line basis over the period of the lease.

Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the Income Statement in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2024 49,093 31,008 80,101
Additions 25,315 16,000 41,315
Disposals - (17,639 ) (17,639 )
At 31 December 2024 74,408 29,369 103,777
DEPRECIATION
At 1 January 2024 36,131 31,008 67,139
Charge for year 12,770 3,200 15,970
Eliminated on disposal - (17,639 ) (17,639 )
At 31 December 2024 48,901 16,569 65,470
NET BOOK VALUE
At 31 December 2024 25,507 12,800 38,307
At 31 December 2023 12,962 - 12,962

Vistafolia Limited (Registered number: 09356464)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


5. STOCKS
2024 2023
£    £   
Stocks 145,582 151,388
Work-in-progress 75,830 38,786
221,412 190,174

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 281,901 279,611
Amounts owed by group undertakings 100 -
Other debtors 327,477 246,592
Prepayments 51,898 31,477
661,376 557,680

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 111,166 68,814
Tax 208,734 138,266
Social security and other taxes 17,708 47,320
Other creditors 119,192 44,113
Deferred income 3,488 124,966
460,288 423,479

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 62,400 62,656
Between one and five years 249,600 249,600
In more than five years 228,800 291,200
540,800 603,456

9. SECURED DEBTS

A fixed and floating charge over all the property and undertakings of the company was taken out by the former director P R Alder on 14 February 2025.

Vistafolia Limited (Registered number: 09356464)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
P R Alder
Balance outstanding at start of year 246,592 16,309
Amounts advanced 343,043 250,793
Amounts repaid (265,607 ) (20,510 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 324,028 246,592

The above loan is unsecured, repayable on demand and where applicable, interest has been charged at the HMRC approved rate.