VILLATOR LTD


Directors	WALKER, Todd Edward Anthony
	WALSH, Morgan Declan


Registered Address	2a Torrington Road
	Portsmouth
	PO2 0TP


Place of Business	361 Copnor Road
	Portsmouth
	Hampshire
	PO3 5EQ


Registered Number	13938429 (England and Wales)

Balance Sheet as at
24 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		87,850		-
			87,850		-
Current assets
Debtors		744		-
Cash at bank and on hand		2,664		2,997
		3,408		2,997
Creditors amounts falling due within one year	4	(4,307)		(12,505)
Net current assets (liabilities)			(899)		(9,508)
Total assets less current liabilities			86,951		(9,508)
Creditors amounts falling due after one year	5		(140,000)		-
Net assets			(53,049)		(9,508)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(53,149)		(9,608)
Shareholders' funds			(53,049)		(9,508)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 21 May 2026, and are signed on its behalf by:

WALKER, Todd Edward Anthony
Director
Registered Company No. 13938429

VILLATOR LTD

Notes to the Financial Statements
for the year ended 24 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	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.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	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.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Revenue from rendering of services
	Revenue 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.

	Current taxation
	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.

Current taxation

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
	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 period, 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.

Deferred tax

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 period, 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.

	Investment property
	All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Investment property
	The investment property is subject to a fixed charge in favour of the lender.


		£
	Additions	87,850
	At 24 August 25	87,850

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	3,347	12,206
Accrued liabilities and deferred income	960	299
Total	4,307	12,505

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	140,000	-
Total	140,000	-

6.	Share capital
	At the year end, there was allotted, called up and fully paid share capital of £100 (2024: £100).

7.	Related party transactions
	During the year the company entered into the following transactions with related parties: The company received loan funding from Villatormedia Ltd which is under the common control of a director. The lending company is wholly owned by Todd Walker, who also owns 50% of the share capital of the company. At the year end, the balance outstanding amounted to £2,475 (2024: £0). The loan is unsecured, bears interest at 10% per annum and is repayable on demand. This balance is disclosed within other creditors, in note 4 of the financial statements. The company received loan funding from the father of a director of the company. At the year end, the balance outstanding amounted to £140,000 (2024: £12,000). The loan is secured, bears interest at 7% per annum and is repayable within 120 months of drawdown. This balance is disclosed within other creditors, in note 5 of the financial statements.

Related party transactions

During the year the company entered into the following transactions with related parties:

The company received loan funding from Villatormedia Ltd which is under the common control of a director. The lending company is wholly owned by Todd Walker, who also owns 50% of the share capital of the company. At the year end, the balance outstanding amounted to £2,475 (2024: £0). The loan is unsecured, bears interest at 10% per annum and is repayable on demand. This balance is disclosed within other creditors, in note 4 of the financial statements.

The company received loan funding from the father of a director of the company. At the year end, the balance outstanding amounted to £140,000 (2024: £12,000). The loan is secured, bears interest at 7% per annum and is repayable within 120 months of drawdown. This balance is disclosed within other creditors, in note 5 of the financial statements.