Vilaflor Limited - Limited company - abbreviated - 11.9
Vilaflor Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 5 APRIL 2015 |
| FOR |
| VILAFLOR LIMITED |
| VILAFLOR LIMITED (REGISTERED NUMBER: 01606502) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the year ended 5 April 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| VILAFLOR LIMITED |
| COMPANY INFORMATION |
| for the year ended 5 April 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| VILAFLOR LIMITED (REGISTERED NUMBER: 01606502) |
| ABBREVIATED BALANCE SHEET |
| 5 April 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors |
| Prepayments and accrued income |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the Board of Directors on by: |
| VILAFLOR LIMITED (REGISTERED NUMBER: 01606502) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the year ended 5 April 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation |
| of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
| 2008). |
| Turnover |
| Turnover represents rents receivable. |
| Tangible fixed assets |
| Investment properties are revalued annually at their open market value and any surpluses or deficits arising on |
| revaluation are transferred to the revaluation reserve, except where the deficit reduces the property below its |
| historical cost, in which case it is taken to the profit and loss account. |
| In accordance with SSAP19 no depreciation or amortisation is provided on investment properties which is a |
| departure from the Companies Act 2006. In the opinion of the directors these properties are held primarily for |
| their investment potential and so their current value is of more significance than any measure of consumption |
| and to depreciate them would not give a true and fair view.If this departure from the Act had not been made, the |
| profit for the year would have been reduced by the depreciation, however this amount cannot be easily |
| quantified. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST OR VALUATION |
| At 6 April 2014 |
| Revaluations |
| At 5 April 2015 |
| NET BOOK VALUE |
| At 5 April 2015 |
| At 5 April 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST OR VALUATION |
| At 6 April 2014 | 88,045 |
| Revaluations | 21,371 |
| At 5 April 2015 | 109,416 |
| NET BOOK VALUE |
| At 5 April 2015 |
| At 5 April 2014 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| VILAFLOR LIMITED (REGISTERED NUMBER: 01606502) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 5 April 2015 |
| 4. | CREDITORS - continued |
| They also include the following debts falling due in more than five years: |
| 2015 | 2014 |
| £ | £ |
| Repayable by instalments | 290,379 | 149,236 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |
| 6. | TRANSACTIONS WITH DIRECTORS |
| At the year end, £80,814 (2014: £80,814) was owed to Mr V Langberg, a director. |