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Company Registration No. 14316398 (England and Wales)
Indie Village Ltd Unaudited accounts for the year ended 31 August 2025
Indie Village Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Indie Village Ltd Company Information for the year ended 31 August 2025
Director
Dale Steven Love-Ballantine
Company Number
14316398 (England and Wales)
Registered Office
80-83 Long Lane London EC1A 9ET England
Accountants
Multiply Accountancy Limited 71-75 Shelton Street London WC2H 9JQ
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Indie Village Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
35,618
23,919
Current assets
Debtors
5
19,924
47,301
Cash at bank and in hand
12,896
933
32,820
48,234
Creditors: amounts falling due within one year
6
(13,932)
(36,285)
Net current assets
18,888
11,949
Total assets less current liabilities
54,506
35,868
Provisions for liabilities
Deferred tax
(6,768)
(4,545)
Net assets
47,738
31,323
Capital and reserves
Called up share capital
100
100
Profit and loss account
47,638
31,223
Shareholders' funds
47,738
31,323
For the year ending 31 August 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 March 2025 and were signed on its behalf by
Dale Steven Love-Ballantine Director Company Registration No. 14316398
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Indie Village Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Indie Village Ltd is a private company, limited by shares, registered in England and Wales, registration number 14316398. The registered office is 80-83 Long Lane, London, EC1A 9ET, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.3% Straight Line
Computer equipment
33.3% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 September 2024
7,407
28,226
35,633
Additions
-
28,621
28,621
At 31 August 2025
7,407
56,847
64,254
Depreciation
At 1 September 2024
4,005
7,709
11,714
Charge for the year
2,469
14,453
16,922
At 31 August 2025
6,474
22,162
28,636
Net book value
At 31 August 2025
933
34,685
35,618
At 31 August 2024
3,402
20,517
23,919
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Indie Village Ltd Notes to the Accounts for the year ended 31 August 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
17,748
46,924
Accrued income and prepayments
2,176
119
Other debtors
-
258
19,924
47,301
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
317
VAT
3,952
7,185
Trade creditors
-
6,758
Taxes and social security
1,990
-
Other creditors
-
3,486
Loans from directors
64
1,767
Accruals
2,682
1,000
Deferred income
5,244
15,772
13,932
36,285
7
Transactions with related parties
The Director, Dale Love-Ballantine, of Indie Village Ltd is also a Director of Indie Village Creative PTY (LTD). Indie Village Creative PTY (LTD) provided Indie Village Ltd with services in the year totalling £25,796 (2024: £63,950). There was no outstanding balance at 31 August 2025 in respect of these transactions.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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