VICTORIA DECORATORS LIMITED

Registered Number
12325141
(England and Wales)

Unaudited Financial Statements for the Year ended
30 November 2024

Company Information
for the year from 1 December 2023 to 30 November 2024


Director	DUFFY, Michael Patrick


Registered Address	C/O Venture Finance Management, Suite 101
	Cotton Exchange, Old Hall Street
	Liverpool
	L3 9LQ


Registered Number	12325141 (England and Wales)

VICTORIA DECORATORS LIMITED

Balance Sheet as at
30 November 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		3,835		826
			3,835		826
Current assets
Debtors		20,577		48,922
Cash at bank and on hand		47,348		35,939
		67,925		84,861
Creditors amounts falling due within one year		(30,361)		(40,491)
Net current assets (liabilities)			37,564		44,370
Total assets less current liabilities			41,399		45,196
Creditors amounts falling due after one year			(28,733)		(35,135)
Net assets			12,666		10,061
Capital and reserves
Called up share capital			100		100
Profit and loss account			12,566		9,961
Shareholders' funds			12,666		10,061

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 5 June 2025, and are signed on its behalf by:

DUFFY, Michael Patrick
Director
Registered Company No. 12325141

VICTORIA DECORATORS LIMITED

Notes to the Financial Statements
for the year ended 30 November 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Revenue from sale of goods
	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.

Revenue from sale of goods

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 and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	5
	Vehicles	5
	Office Equipment	5

2.	Average number of employees


		2024		2023
	Average number of employees during the year	2		1

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 December 23	1,533
	Additions	4,144
	At 30 November 24	5,677
	Depreciation and impairment
	At 01 December 23	707
	Charge for year	1,136
	Other adjustments	(1)
	At 30 November 24	1,842
	Net book value
	At 30 November 24	3,835
	At 30 November 23	826