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REGISTERED NUMBER: 00521195 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

VIDA ROGERS LIMITED

VIDA ROGERS LIMITED (REGISTERED NUMBER: 00521195)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


VIDA ROGERS LIMITED (REGISTERED NUMBER: 00521195)

BALANCE SHEET
30 SEPTEMBER 2024

30/9/24 30/9/23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 123,357 124,073
Investments 6 62,632 62,632
185,989 186,705

CURRENT ASSETS
Debtors 7 762,603 790,664
Investments 8 47 47
Cash at bank 25,276 6,580
787,926 797,291
CREDITORS
Amounts falling due within one year 9 793,216 726,583
NET CURRENT (LIABILITIES)/ASSETS (5,290 ) 70,708
TOTAL ASSETS LESS CURRENT
LIABILITIES

180,699

257,413

CREDITORS
Amounts falling due after more than one year 10 (425,879 ) (488,701 )

PROVISIONS FOR LIABILITIES (408 ) (589 )
NET LIABILITIES (245,588 ) (231,877 )

CAPITAL AND RESERVES
Called up share capital 13 7,000 7,000
Other reserves 47 47
Retained earnings (252,635 ) (238,924 )
SHAREHOLDERS' FUNDS (245,588 ) (231,877 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

VIDA ROGERS LIMITED (REGISTERED NUMBER: 00521195)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 Board of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by:





Mr RD Connick - Director


VIDA ROGERS LIMITED (REGISTERED NUMBER: 00521195)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Vida Rogers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 00521195

Registered office: 14 Gelliwastad Road
Pontypridd
Rhondda Cynon Taf
CF37 2BW

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.

No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors.

Therefore the financial statements have been prepared on a going concern basis.

Goodwill
Goodwill, being the amount pad in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of eleven years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - 20% on reducing balance

Freehold property is not being depreciated due to the opinion that the property is well maintained and that the useful economic life of the properties due to the maintained conditions would exceed 50 years.

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 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.

VIDA ROGERS LIMITED (REGISTERED NUMBER: 00521195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments
Fixed asset investments
Fixed asset unlisted investments are included at cost at the date of purchase.

Current asset investments
Current asset listed investments are included at market value at the date of the balance sheet.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 1,178,156
AMORTISATION
At 1 October 2023
and 30 September 2024 1,178,156
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 121,748 25,211 146,959
DEPRECIATION
At 1 October 2023 - 22,886 22,886
Charge for year - 716 716
At 30 September 2024 - 23,602 23,602
NET BOOK VALUE
At 30 September 2024 121,748 1,609 123,357
At 30 September 2023 121,748 2,325 124,073

VIDA ROGERS LIMITED (REGISTERED NUMBER: 00521195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. PROPERTY, PLANT AND EQUIPMENT - continued

Included in cost of land and buildings is freehold land of £ 121,748 (2023 - £ 121,748 ) which is not depreciated.

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023
and 30 September 2024 62,632
NET BOOK VALUE
At 30 September 2024 62,632
At 30 September 2023 62,632

7. DEBTORS
30/9/24 30/9/23
£    £   
Amounts falling due within one year:
Other debtors 242,908 229,835

Amounts falling due after more than one year:
Other debtors 519,695 560,829

Aggregate amounts 762,603 790,664

8. CURRENT ASSET INVESTMENTS
30/9/24 30/9/23
£    £   
Listed investments 47 47

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Bank loans and overdrafts - 5,428
Trade creditors 6,774 5,524
Amounts owed to associates 681,780 612,413
Taxation and social security 90,687 87,348
Other creditors 13,975 15,870
793,216 726,583

Included with "Taxation and Social Security" is a provision for PAYE/NIC liabilities in respect of historical tax matters. A corresponding entry is within other debtors.

VIDA ROGERS LIMITED (REGISTERED NUMBER: 00521195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30/9/24 30/9/23
£    £   
Other creditors 425,879 488,701

Within "Other Creditors" is a provision for PAYE/NIC liabilities in respect of historic tax matters. A corresponding entry has been included within other debtors.

11. SECURED DEBTS

The following secured debts are included within creditors:

30/9/24 30/9/23
£    £   
Bank loans - 5,428

A legal charge was created 11 May 2016 securing monies due to Lloyds Bank PLC. The charge contains fixed and floating charges. Floating charges covers all the property or undertaking of the company.

The following leasehold properties have been charged by way of legal mortgage to Lloyds Bank PLC:
18 Hanbury Road
26 Commercial Street
23 High Street
79 Cefn Fforest Avenue

The legal mortgage was created 1 July 2016 and contains both fixed and floating charges.

12. FINANCIAL INSTRUMENTS

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

13. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/9/24 30/9/23
value: £    £   
7,000 Ordinary £1 7,000 7,000

14. CONTINGENT LIABILITIES

The company has appointed assets to an Employer Financed Retirement Benefit Scheme. The company is liable for PAYE/NIC that may arise on awards made by the Trustees. The Directors are of the opinion that the Trustees will award most of the benefits in a way that will not result in a PAYE/NIC liability.

VIDA ROGERS LIMITED (REGISTERED NUMBER: 00521195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

15. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30/9/24 30/9/23
£    £   
Mr RD Connick
Balance outstanding at start of year 113,963 113,963
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 113,963 113,963

Interest has been charged on the borrowings made by R Connick.

R Connick's director's loan account has been accounted for within current and non current assets, as not all due within one year.

16. ULTIMATE CONTROLLING PARTY

Vida Rogers (Holdings) Limited controlled Vida Rogers Limited, throughout the period under review, via its 100% shareholding.