2024-04-01 07622676 2025-03-31 07622676 2024-04-01 2025-03-31 07622676 2024-03-31 07622676 2023-04-01 2024-03-31 07622676 uk-core:WithinOneYear 2024-03-31 07622676 uk-core:WithinOneYear 2025-03-31 07622676 uk-core:AfterOneYear 2024-03-31 07622676 uk-core:AfterOneYear 2025-03-31 07622676 uk-core:ShareCapital 2025-03-31 07622676 uk-core:ShareCapital 2024-03-31 07622676 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 07622676 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 07622676 uk-bus:Director1 2024-04-01 2025-03-31 07622676 uk-core:ToolsEquipment 2024-04-01 2025-03-31 07622676 uk-core:WithinOneYear 2025-03-31 07622676 uk-core:WithinOneYear 2024-03-31 07622676 uk-core:AfterOneYear uk-core:Secured 2025-03-31 07622676 uk-core:AfterOneYear uk-core:Secured 2024-03-31 07622676 2 uk-bus:Director1 2024-04-01 2025-03-31 07622676 2 uk-bus:Director1 2025-03-31 07622676 2 uk-bus:Director1 2024-03-31 iso4217:GBP xbrli:pure 07622676 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07622676 uk-bus:FRS102 2024-04-01 2025-03-31 07622676 uk-bus:FilletedAccounts 2024-04-01 2025-03-31 07622676 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31
Totalvista Ltd.
Registered Number:07622676
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2025
Totalvista Ltd.
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
07622676
As at 31 March 2025
Totalvista Ltd.
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
4,050
3,136
2
4,050
3,136
Current assets
Trade and other receivables
19,251
10,144
3
10,144
19,251
Trade and other payables: amounts falling due within one
year
(15,136)
(13,132)
4
4,115
(2,988)
Net current liabilities
Total assets less current liabilities
1,062
7,251
Trade and other payables: amounts falling due after more
than one year
(6,236)
-
5
(769)
(596)
Provisions for liabilities
293
Net assets
419
Capital and reserves
Called up share capital
102
102
Retained earnings
191
317
293
419
Shareholders' funds
For the year ended 31 March 2025 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Alan Warren Aiken Director
These financial statements were approved and authorised for issue by the Board on 05 June 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2025
Totalvista Ltd.
Notes to the Financial Statements
Statutory Information
Totalvista Ltd. is a private limited company, limited by shares, domiciled in England and Wales, registration number
07622676.
Registered address:
14 Olney House 1 Wynter Street
Battersea
London
SW11 2QH
The presentation currency is £ sterling.
The financial statements have been prepared in accordance with the provision of Section 1A of Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies
Act 2006. The financial statements have been prepared under the historical cost convention as modified by the
revaluation of certain assets.
1. Accounting policies
Basis of preparing the financial statements
At the time of approving the financial statements, the director has a reasonable expectation that the company
has adequate resources to continue in operational existence for the foreseeable future. For this reason the
director continues to adopt the going concern basis of accounting in preparing the financial statements.
Significant judgements and estimates
In the application of the company’s accounting policies, the director is required to make judgements, estimatesand assumptions about the carrying amount of assets and liabilities that are not readily apparent from othersources. The estimates and associated assumptions are based on historical experience and other factors thatare considered to be relevant. Actual results may differ from these estimates.The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accountingestimates are recognised in the period in which the estimate is revised where the revision affects only thatperiod, or in the period of the revision and future periods where the revision affects both current and futureperiods.
Revenue recognition
Turnover is recognised at the fair value of the consideration received or receivable for goods and servicesprovided in the normal course of business, and is shown net of VAT and other sales related taxes. The fairvalue of consideration takes into account trade discounts, settlement discounts and volume rebates.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Straight line
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets arerecognised to the extent that it is probable that they will be recovered against the reversal of deferred taxliabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing differencearises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affectsneither the tax profit nor the accounting profit.
Pension costs and other post-retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
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5
For the year ended 31 March 2025
Totalvista Ltd.
Notes to the Financial Statements Continued
Cash and cash equivalents
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Financial instruments
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the
assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference
shares that are classified as debt, are initially recognised at transaction price unless the arrangement
constitutes a financing transaction, where the debt instrument is measured at the present value of the future
payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are
not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year
or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 April 2024
7,627
2,333
Additions
At 31 March 2025
9,960
Provision for depreciation and impairment
At 01 April 2024
4,491
Charge for year
1,419
At 31 March 2025
5,910
At 31 March 2025
Net book value
4,050
At 31 March 2024
3,136
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6
For the year ended 31 March 2025
Totalvista Ltd.
Notes to the Financial Statements Continued
3. Trade and other receivables
2024
2025
£
£
Trade debtors
2,494
540
Other debtors
7,650
18,711
19,251
10,144
4. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Bank loans and overdraft
6,034
7,789
Trade creditors
-
534
Taxation and social security
6,005
5,720
Other creditors
1,093
1,093
13,132
15,136
5. Trade and other payables: amounts falling due after more than one year
2024
2025
£
£
Bank loans and overdraft
-
6,236
6. Directors advances and guarantees
At 01/04/2024
Loaned
Repaid
At 31/03/2025
£
£
£
£
Mr Alan Warren Aiken
Loan to director repayable on demand
3,682
14,743
3,682
14,743
3,682
14,743
3,682
14,743
7. Average number of persons employed
During the year the average number of employees was 1 (2024 : 1)
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