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Company registration number:
09246187
The Villa Collection Limited
Unaudited Filleted Financial Statements for the year ended
31 December 2025
The Villa Collection Limited
Statement of Financial Position
31 December 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 5 | 15,118 |  | 17,943 |
Current assets |  |  |  |  |
Debtors | 6 | 405,163 |  | 284,031 |
Cash at bank and in hand |  | 302,547 |  | 163,108 |
|  | 707,710 |  | 447,139 |
Creditors: amounts falling due within one year | 7 | (633,370 | ) | (378,639 | )
Net current assets |  | 74,340 |  | 68,500 |
Total assets less current liabilities |  | 89,458 |  | 86,443 |
Creditors: amounts falling due after more than one year | 8 | (16,000 | ) | (20,168 | )
Provisions for liabilities |  | (3,779 | ) | (4,486 | )
Net assets |  | 69,679 |  | 61,789 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 30,000 |  | 30,000 |
Profit and loss account |  | 39,679 |  | 31,789 |
Shareholders funds |  | 69,679 |  | 61,789 |

For the year ending
31 December 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:

- The 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 Act 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.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
30 April 2026
, and are signed on behalf of the board by:

G Lewis
Director

Company registration number:
09246187
The Villa Collection Limited
Notes to the Financial Statements
Year ended
31 December 2025

## 1 General information

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax. Turnover represents revenue from holidays, commission received and other services supplied to customers in the ordinary course of business. Income is recognised on the date of departure.

## Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures and fitting - 20% straight line
Office equipment- 20% straight line

## Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

## Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

## Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

## FOREIGN CURRENCIES

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All difference are taken to the Profit and Loss account.

## 4 Average number of employees

The average number of persons employed by the company during the year was
2
(2024:
2.00
).

## 5 Tangible assets

| Plant and machinery etc.
--- | ---
| £
Cost |  |
At 1 January 2025 | 73,619 |
Additions | 5,385 |
At 31 December 2025 | 79,004 |
Depreciation |  |
At 1 January 2025 | 55,676 |
Charge | 8,210 |
At 31 December 2025 | 63,886 |
Carrying amount |  |
At 31 December 2025 | 15,118 |
At 31 December 2024 | 17,943 |

## 6 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | - |  | 1,163 |
Other debtors | 405,163 |  | 282,868 |
| 405,163 |  | 284,031 |

## 7 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 4,168 |  | 10,000 |
Taxation and social security | 22,488 |  | 18,263 |
Other creditors | 606,714 |  | 350,376 |
| 633,370 |  | 378,639 |

## 8 Creditors: amounts falling due after more than one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | - |  | 4,168 |
Other creditors | 16,000 |  | 16,000 |
| 16,000 |  | 20,168 |

Of the amounts owed to other creditors £16,000 (2024: £16,000) has been subordinated in favour of the CAA, and cannot be repaid without their prior written consent.

## 9 Related party transactions

During the year advertising expenses of £16,363 (2024:£21,600) was paid to Escape Marketing Services Limited. This is a company in which G. Lewis has a direct interest.

## 10 Controlling party

No individual director acting alone can exercise control over the company.