Vienvil Investments Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 00586952 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

VIENVIL INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J I Steinberg

T L Steinberg

SECRETARY:

T L Steinberg

REGISTERED OFFICE:

50 Seymour Street

London

W1H 5JG

REGISTERED NUMBER:

00586952 (England and Wales)

ACCOUNTANTS:

Civvals Limited

Accountants

50 Seymour Street

London

W1H 7JG

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

318,868

237,500

318,868

237,500

CURRENT ASSETS

Debtors

6

1,644

1,468

Investments

7

247,650

252,803

Cash at bank

31,474

204,206

280,768

458,477

CREDITORS

Amounts falling due within one year

8

24,946

47,864

NET CURRENT ASSETS

255,822

410,613

TOTAL ASSETS LESS CURRENT LIABILITIES

574,690

648,113

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

573,690

647,113

SHAREHOLDERS' FUNDS

574,690

648,113

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2022 and were signed on its behalf by:

J I Steinberg - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2021

and 31 March 2022

176

2,043

2,219

DEPRECIATION

At 1 April 2021

and 31 March 2022

176

2,043

2,219

NET BOOK VALUE

At 31 March 2022

-

-

-

At 31 March 2021

-

-

-

5.	FIXED ASSET INVESTMENTS

Other

loans

£

At 1 April 2021

237,500

New in year

310,000

Repayment in year

(228,632

)

At 31 March 2022

318,868

The above represents loan capital invested.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other debtors

1,644

1,468

7.	CURRENT ASSET INVESTMENTS

2022

2021

£

£

Investments

247,650

252,803

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Social security and other taxes

918

920

Other creditors

2,153

2,152

Directors' current accounts

19,283

42,320

Accrued expenses

2,592

2,472

24,946

47,864

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £38,000 were paid to the directors .

10.	CONTROLLING PARTY

The directors control the company by virtue of their shareholding in the company.