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Registered number: 13576316
Et Voila Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Balance Sheet
Registered number: 13576316
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 339,037 447,246
339,037 447,246
CURRENT ASSETS
Stocks 5 357,775 247,000
Debtors 6 482,013 285,172
Cash at bank and in hand 26,277 77,219
866,065 609,391
Creditors: Amounts Falling Due Within One Year 7 (1,249,893 ) (1,300,409 )
NET CURRENT ASSETS (LIABILITIES) (383,828 ) (691,018 )
TOTAL ASSETS LESS CURRENT LIABILITIES (44,791 ) (243,772 )
Creditors: Amounts Falling Due After More Than One Year 8 (201,499 ) (235,598 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (64,417 ) -
NET LIABILITIES (310,707 ) (479,370 )
CAPITAL AND RESERVES
Called up share capital 10 125 125
Share premium account 249,975 -
Profit and Loss Account (560,807 ) (479,495 )
SHAREHOLDERS' FUNDS (310,707) (479,370)
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For the year ending 31 March 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
Mr Matthew Armitage
Director
16 December 2025
The notes on pages 2 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Et Voila Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13576316 . The registered office is C/O Direct Sourcing Ingredients Ltd, 1st Floor, Chancery Lane, Retford, Nottinghamshire, DN22 6DF.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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 25% Reducing Balance
Plant & Machinery 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
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.
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2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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.
2.7. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.8. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.9. Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 18 (2024: 10)
18 10
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2024 174,497 357,839 27,506 559,842
Additions - 35,201 - 35,201
Disposals - (48,834 ) - (48,834 )
As at 31 March 2025 174,497 344,206 27,506 546,209
Depreciation
As at 1 April 2024 11,341 100,041 1,214 112,596
Provided during the period 40,789 71,991 6,573 119,353
Disposals - (24,777 ) - (24,777 )
As at 31 March 2025 52,130 147,255 7,787 207,172
Net Book Value
As at 31 March 2025 122,367 196,951 19,719 339,037
As at 1 April 2024 163,156 257,798 26,292 447,246
5. Stocks
2025 2024
£ £
Finished goods 357,775 247,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 390,141 239,014
Other debtors 91,872 46,158
482,013 285,172
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 15,487 -
Trade creditors 547,672 453,085
Bank loans and overdrafts 42,000 35,000
Other creditors 644,734 802,913
Taxation and social security - 9,411
1,249,893 1,300,409
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 20,593 91,666
Bank loans 180,906 130,140
Other creditors - 13,792
201,499 235,598
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 15,487 -
Later than one year and not later than five years 20,593 91,666
36,080 91,666
36,080 91,666
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 125 125
11. Related Party Transactions
Direct Sourcing Ingredients Ltd - Directors and Shareholders in common
There is a loan account between the two companies which is free of interest and repayable on demand and is
included within other creditors.
Amount due to the related party: 2025: £513,112 (2024: £497,847)
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12. Ultimate Controlling Party
The company's ultimate controlling party is Matthew Armitage by virtue of his majority ownership of the issued share capital in the company.
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