VISTA_VISTA_LIMITED - Accounts

VISTA VISTA LTD - Company Information

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Company Registration No. 06703074 (England and Wales)

VISTA VISTA LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

VISTA VISTA LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 5

VISTA VISTA LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Intangible assets

7,532

Tangible assets

20,479

17,324

20,479

24,856

Current assets

Stocks

3,000

2,500

Debtors

35,329

32,590

Cash at bank and in hand

172

1,708

38,501

36,798

Creditors: amounts falling due within one year

(54,873)

(50,492)

Net current liabilities

(16,372)

(13,694)

Total assets less current liabilities

4,107

11,162

Creditors: amounts falling due after more than one year

(701)

Provisions for liabilities

(3,938)

(3,272)

169

7,189

Capital and reserves

Called up share capital

100

Profit and loss account

7,089

Shareholders' funds

169

7,189

VISTA VISTA LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 SEPTEMBER 2015

- 2 -

For the financial year ended 30 September 2015 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 abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 12 April 2016

Mr H D L Hichens

Director

Company Registration No. 06703074

VISTA VISTA LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

15% reducing balance

1.6

Stock

Stock is valued at the lower of cost and net realisable value.

1.7

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

VISTA VISTA LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 4 -

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 October 2014

37,661

26,120

63,781

Additions

6,769

At 30 September 2015

37,661

32,889

70,550

Depreciation

At 1 October 2014

30,129

8,796

38,925

Charge for the year

7,532

3,614

11,146

At 30 September 2015

37,661

12,410

50,071

Net book value

At 30 September 2015

20,479

At 30 September 2014

7,532

17,324

24,856

Creditors: amounts falling due within one year

The aggregate amount of creditors for which security has been given amounted to £9,413 (2014 - £14,509).

Creditors: amounts falling due after more than one year

The aggregate amount of creditors for which security has been given amounted to £0 (2014 - £701).

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

VISTA VISTA LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 5 -

Transactions with directors

The director had an interest free loans during the year. The movement on these loans are as follows:

Amount outstanding

Maximum

2015

2014

in year

Director's current account

9,285

The loan was repaid to the company subsequent to the year end.