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Registered number: 03289852
Village Design & Creative Marketing Limited
Financial Statements
For The Year Ended 30 April 2025
Oakensen (Bristol) Limited
Chartered Accountants
Westbury Court Church Road
Westbury-on-Trym
Bristol
BS9 3EF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03289852
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 52,796 71,386
Investments 5 10 64,178
52,806 135,564
CURRENT ASSETS
Debtors 6 693,400 819,693
Cash at bank and in hand 194,050 296,302
887,450 1,115,995
Creditors: Amounts Falling Due Within One Year 7 (245,178 ) (261,869 )
NET CURRENT ASSETS (LIABILITIES) 642,272 854,126
TOTAL ASSETS LESS CURRENT LIABILITIES 695,078 989,690
Creditors: Amounts Falling Due After More Than One Year 8 (25,066 ) (63,807 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,719 ) (11,272 )
NET ASSETS 661,293 914,611
CAPITAL AND RESERVES
Called up share capital 10 14,070 14,070
Share premium account 174,691 174,691
Capital redemption reserve 1,600 1,600
Profit and Loss Account 470,932 724,250
SHAREHOLDERS' FUNDS 661,293 914,611
Page 1
Page 2
For the year ending 30 April 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
N H Keith
Director
4 November 2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Village Design & Creative Marketing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03289852 . The registered office is Whitefriars Suite A, Fifth Floor, Lewins Mead, Bristol, BS1 2NT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 20% straight line
Fixtures & Fittings 15% straight line
Computer Equipment 25% straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2024: 11)
11 11
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2024 39,579 52,077 52,560 144,216
Additions - - 4,028 4,028
Disposals - (2,776 ) (19,539 ) (22,315 )
As at 30 April 2025 39,579 49,301 37,049 125,929
Depreciation
As at 1 May 2024 15,832 18,062 38,936 72,830
Provided during the period 7,916 7,396 7,285 22,597
Disposals - (2,769 ) (19,525 ) (22,294 )
As at 30 April 2025 23,748 22,689 26,696 73,133
...CONTINUED
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Net Book Value
As at 30 April 2025 15,831 26,612 10,353 52,796
As at 1 May 2024 23,747 34,015 13,624 71,386
5. Investments
Associates
£
Cost
As at 1 May 2024 64,178
Disposals (64,168 )
As at 30 April 2025 10
Provision
As at 1 May 2024 -
As at 30 April 2025 -
Net Book Value
As at 30 April 2025 10
As at 1 May 2024 64,178
Investments in associates are held at cost less impairment.  An impairment loss has been recognised during the year.
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 201,418 180,293
Amounts recoverable on contracts 76,693 117,893
Amounts owed by group undertakings 400,000 504,469
Other debtors 15,289 17,038
693,400 819,693
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 2,584
Trade creditors 31,180 50,233
Bank loans and overdrafts 35,004 35,004
Other creditors 65,749 58,453
Taxation and social security 113,245 115,595
245,178 261,869
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8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 20,457 55,461
Other creditors 4,609 8,346
25,066 63,807
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 2,584
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 14,070 14,070
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 37,372 43,866
Later than one year and not later than five years 40,486 3,114
77,858 46,980
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