Company registration number SC254878 (Scotland)
VILLA ATINA LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
VILLA ATINA LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
VILLA ATINA LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Non-current assets
Property, plant and equipment
3
1,630,303
1,637,476
Current assets
Inventories
570
580
Trade and other receivables
4
16,512
39,098
Cash and cash equivalents
136,634
33,909
153,716
73,587
Current liabilities
5
(170,829)
(148,923)
Net current liabilities
(17,113)
(75,336)
Total assets less current liabilities
1,613,190
1,562,140
Non-current liabilities
6
(980,616)
(1,020,559)
Net assets
632,574
541,581
Equity
Called up share capital
7
100
100
Retained earnings
632,474
541,481
Total equity
632,574
541,581

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 11 December 2025 and are signed on its behalf by:
Mr J M Anderson
Director
Company registration number SC254878 (Scotland)
VILLA ATINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Villa Atina Limited is a private company limited by shares incorporated in Scotland. The registered office is 2 Melville Street, Falkirk, Scotland, FK1 1HZ.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

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 are recover able.

1.3
Property, plant and equipment

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:

Freehold land and buildings
None
Plant and equipment
25% on reducing balance
Fixtures and fittings
20% at cost
Computers
33% on reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

VILLA ATINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
1.4
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.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of inventories over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.5
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.

1.6
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.

1.7
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the statement of financial position as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
28
28
VILLA ATINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
3
Property, plant and equipment
Freehold land and buildings
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
£
Cost
At 1 April 2024 and 31 March 2025
1,609,815
15,081
25,669
2,396
34,484
1,687,445
Depreciation and impairment
At 1 April 2024
-
0
7,427
25,357
2,098
15,087
49,969
Depreciation charged in the year
-
0
1,914
312
98
4,849
7,173
At 31 March 2025
-
0
9,341
25,669
2,196
19,936
57,142
Carrying amount
At 31 March 2025
1,609,815
5,740
-
0
200
14,548
1,630,303
At 31 March 2024
1,609,815
7,654
312
298
19,397
1,637,476
4
Trade and other receivables
2025
2024
Amounts falling due within one year:
£
£
Trade receivables
10,280
33,060
Other receivables
6,232
6,038
16,512
39,098
5
Current liabilities
2025
2024
£
£
Bank loans
67,449
61,761
Corporation tax
38,189
24,626
Other taxation and social security
9,532
8,537
Other payables
55,659
53,999
170,829
148,923
VILLA ATINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
6
Non-current liabilities
2025
2024
£
£
Bank loans and overdrafts
968,706
1,005,376
Other payables
11,910
15,183
980,616
1,020,559
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100
100
100
100
2025-03-31 2024-04-01 false false false 11 December 2025 CCH Software CCH Accounts Production 2025.300 The principal activity of the company continued to be that of residential nursing care facility.
Mr J M Anderson Mr A T Anderson SC254878 2024-04-01 2025-03-31 SC254878 2025-03-31 SC254878 2024-03-31 SC254878 core:LandBuildings core:OwnedOrFreeholdAssets 2025-03-31 SC254878 core:PlantMachinery 2025-03-31 SC254878 core:FurnitureFittings 2025-03-31 SC254878 core:ComputerEquipment 2025-03-31 SC254878 core:MotorVehicles 2025-03-31 SC254878 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 SC254878 core:PlantMachinery 2024-03-31 SC254878 core:FurnitureFittings 2024-03-31 SC254878 core:ComputerEquipment 2024-03-31 SC254878 core:MotorVehicles 2024-03-31 SC254878 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 SC254878 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 SC254878 core:WithinOneYear 2025-03-31 SC254878 core:WithinOneYear 2024-03-31 SC254878 core:AfterOneYear 2025-03-31 SC254878 core:AfterOneYear 2024-03-31 SC254878 core:CurrentFinancialInstruments 2025-03-31 SC254878 core:CurrentFinancialInstruments 2024-03-31 SC254878 core:Non-currentFinancialInstruments 2025-03-31 SC254878 core:Non-currentFinancialInstruments 2024-03-31 SC254878 core:ShareCapital 2025-03-31 SC254878 core:ShareCapital 2024-03-31 SC254878 core:RetainedEarningsAccumulatedLosses 2025-03-31 SC254878 core:RetainedEarningsAccumulatedLosses 2024-03-31 SC254878 core:ShareCapitalOrdinaryShareClass1 2025-03-31 SC254878 core:ShareCapitalOrdinaryShareClass1 2024-03-31 SC254878 bus:Director1 2024-04-01 2025-03-31 SC254878 core:LandBuildings core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 SC254878 core:PlantMachinery 2024-04-01 2025-03-31 SC254878 core:FurnitureFittings 2024-04-01 2025-03-31 SC254878 core:ComputerEquipment 2024-04-01 2025-03-31 SC254878 core:MotorVehicles 2024-04-01 2025-03-31 SC254878 2023-04-01 2024-03-31 SC254878 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 SC254878 core:PlantMachinery 2024-03-31 SC254878 core:FurnitureFittings 2024-03-31 SC254878 core:ComputerEquipment 2024-03-31 SC254878 core:MotorVehicles 2024-03-31 SC254878 2024-03-31 SC254878 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 SC254878 bus:OrdinaryShareClass1 2025-03-31 SC254878 bus:OrdinaryShareClass1 2024-03-31 SC254878 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC254878 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC254878 bus:FRS102 2024-04-01 2025-03-31 SC254878 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC254878 bus:Director2 2024-04-01 2025-03-31 SC254878 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP