3 3 Esther & Viny Ltd 09881324 false 2023-12-01 2024-11-30 2024-11-30 The principal activity of the company is retail of furniture, lighting and similar. Digita Accounts Production Advanced 6.30.9574.0 true 09881324 2023-12-01 2024-11-30 09881324 2024-11-30 09881324 core:CurrentFinancialInstruments 2024-11-30 09881324 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 09881324 core:Non-currentFinancialInstruments core:AfterOneYear 2024-11-30 09881324 core:Goodwill 2024-11-30 09881324 core:FurnitureFittingsToolsEquipment 2024-11-30 09881324 core:MotorVehicles 2024-11-30 09881324 bus:SmallEntities 2023-12-01 2024-11-30 09881324 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 09881324 bus:FilletedAccounts 2023-12-01 2024-11-30 09881324 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 09881324 bus:RegisteredOffice 2023-12-01 2024-11-30 09881324 bus:Director1 2023-12-01 2024-11-30 09881324 bus:Director2 2023-12-01 2024-11-30 09881324 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09881324 core:LicencesFranchises 2023-12-01 2024-11-30 09881324 core:FurnitureFittingsToolsEquipment 2023-12-01 2024-11-30 09881324 core:MotorCars 2023-12-01 2024-11-30 09881324 core:MotorVehicles 2023-12-01 2024-11-30 09881324 core:OfficeEquipment 2023-12-01 2024-11-30 09881324 countries:AllCountries 2023-12-01 2024-11-30 09881324 2023-11-30 09881324 core:Goodwill 2023-11-30 09881324 core:FurnitureFittingsToolsEquipment 2023-11-30 09881324 core:MotorVehicles 2023-11-30 09881324 2022-12-01 2023-11-30 09881324 2023-11-30 09881324 core:CurrentFinancialInstruments 2023-11-30 09881324 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 09881324 core:Non-currentFinancialInstruments core:AfterOneYear 2023-11-30 09881324 core:FurnitureFittingsToolsEquipment 2023-11-30 09881324 core:MotorVehicles 2023-11-30 xbrli:pure iso4217:GBP

Registration number: 09881324

Esther & Viny Ltd

trading as Dream Doors Loughton & Ilford

Unaudited Filleted Financial Statements

for the Year Ended 30 November 2024

 

Esther & Viny Ltd

trading as Dream Doors Loughton & Ilford

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

Esther & Viny Ltd

trading as Dream Doors Loughton & Ilford

(Registration number: 09881324)
Balance Sheet as at 30 November 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

39,500

51,080

Current assets

 

Stocks

14,250

-

Debtors

6

11,717

14,510

Cash at bank and in hand

 

3,417

4,731

 

29,384

19,241

Creditors: Amounts falling due within one year

7

(65,186)

(40,661)

Net current liabilities

 

(35,802)

(21,420)

Total assets less current liabilities

 

3,698

29,660

Creditors: Amounts falling due after more than one year

7

(8,602)

(22,747)

Provisions for liabilities

(1,371)

(1,371)

Net (liabilities)/assets

 

(6,275)

5,542

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(6,375)

5,442

Shareholders' (deficit)/funds

 

(6,275)

5,542

 

Esther & Viny Ltd

trading as Dream Doors Loughton & Ilford

(Registration number: 09881324)
Balance Sheet as at 30 November 2024

For the financial year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 April 2025 and signed on its behalf by:
 

.........................................
Mr Vinicio Suarez
Director

.........................................
Mrs Esther Piedra
Director

 

Esther & Viny Ltd

trading as Dream Doors Loughton & Ilford

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

1

General information

The company is a private company limited by share capital, incorporated in Engalnd & Wales.

The address of its registered office is:
33 Longcroft Rise
Loughton
Essex
IG10 3NB
United Kingdom

These financial statements were authorised for issue by the Board on 22 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change
attributable to an item of income or expense recognised as other comprehensive income is also recognised
directly in other comprehensive income.

 

Esther & Viny Ltd

trading as Dream Doors Loughton & Ilford

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

25% Reducing balance

Office equipment

25% Straight line

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.

Trademarks, licences (including software) and customer-related intangible assets acquired in a business
combination are recognised at fair value at the acquisition date.

Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less
accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Franchise fee

20% Straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

 

Esther & Viny Ltd

trading as Dream Doors Loughton & Ilford

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

Esther & Viny Ltd

trading as Dream Doors Loughton & Ilford

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

4

Intangible assets

Franchise fee
£

Total
£

Cost or valuation

At 1 December 2023

11,140

11,140

At 30 November 2024

11,140

11,140

Amortisation

At 1 December 2023

11,140

11,140

At 30 November 2024

11,140

11,140

Carrying amount

At 30 November 2024

-

-

5

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 December 2023

13,205

86,316

99,521

At 30 November 2024

13,205

86,316

99,521

Depreciation

At 1 December 2023

12,542

35,899

48,441

Charge for the year

(1,024)

12,604

11,580

At 30 November 2024

11,518

48,503

60,021

Carrying amount

At 30 November 2024

1,687

37,813

39,500

At 30 November 2023

663

50,417

51,080

 

Esther & Viny Ltd

trading as Dream Doors Loughton & Ilford

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

6

Debtors

Current

2024
£

2023
£

Trade debtors

7,717

10,510

Other debtors

4,000

4,000

 

11,717

14,510

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

14,804

15,464

Trade creditors

 

12,328

9,485

Taxation and social security

 

7,643

10,272

Accruals and deferred income

 

16,969

955

Other creditors

 

13,442

4,485

 

65,186

40,661

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £8,854 (2023 - £9,659).

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8,602

22,747

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £2,959 (2023 - £11,009).