VITA BELLA (ESSEX) LTD

Company Registration Number:
08096427 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

VITA BELLA (ESSEX) LTD

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Notes

VITA BELLA (ESSEX) LTD

Balance sheet

As at 31 October 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 101,797 31,447
Total fixed assets: 101,797 31,447
Current assets
Stocks: 18,750
Debtors: 4 551,372 494,983
Cash at bank and in hand: 124,545 169,437
Total current assets: 694,667 664,420
Creditors: amounts falling due within one year: 5 (138,840) (179,120)
Net current assets (liabilities): 555,827 485,300
Total assets less current liabilities: 657,624 516,747
Creditors: amounts falling due after more than one year: 6 (461,800) (175,055)
Total net assets (liabilities): 195,824 341,692
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 195,823 341,691
Shareholders funds: 195,824 341,692

The notes form part of these financial statements

VITA BELLA (ESSEX) LTD

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 30 June 2025
and signed on behalf of the board by:

Name: Mr C Dadalica
Status: Director

The notes form part of these financial statements

VITA BELLA (ESSEX) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets and depreciation policy

Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Land and buildings leasehold- 12.5% Straight Line. Fixtures, fittings and equipment- 25% Reducing balance. Computer equipment- 25% Reducing balance. Motor vehicles- 25% Reducing balance.

Other accounting policies

Inventories. Inventories are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost 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. Inventories held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential. Cash and cash equivalents. Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. Taxation. The tax expense represents the sum of the tax currently payable and deferred tax. Current tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

VITA BELLA (ESSEX) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

2. Employees

2024 2023
Average number of employees during the period 26 34

VITA BELLA (ESSEX) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible Assets

Total
Cost £
At 01 November 2023 189,925
Additions 104,250
At 31 October 2024 294,175
Depreciation
At 01 November 2023 158,478
Charge for year 33,900
At 31 October 2024 192,378
Net book value
At 31 October 2024 101,797
At 31 October 2023 31,447

VITA BELLA (ESSEX) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Debtors

Amounts falling due within one year Trade receivables £2 £2 Amounts owed by group undertakings £72955 £222227 Other receivables £478415 £272754

VITA BELLA (ESSEX) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Creditors: amounts falling due within one year note

Current liabilities 2024 2023 Trade payables £35913 £64471 Corporation tax £5267 £49,159 Other taxation £67635 £83189 Other payables £30025 -£17699

VITA BELLA (ESSEX) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Creditors: amounts falling due after more than one year note

2024 2023 Bank loans £375578 £175055 Other payables £86222