IRIS Accounts Production v23.2.0.158 10511333 director 1.4.22 31.3.23 31.3.23 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure105113332022-03-31105113332023-03-31105113332022-04-012023-03-31105113332021-03-31105113332021-04-012022-03-31105113332022-03-3110511333ns16:EnglandWales2022-04-012023-03-3110511333ns15:PoundSterling2022-04-012023-03-3110511333ns11:Director12022-04-012023-03-3110511333ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3110511333ns11:SmallEntities2022-04-012023-03-3110511333ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3110511333ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3110511333ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3110511333ns11:FullAccounts2022-04-012023-03-3110511333ns11:CompanySecretary12022-04-012023-03-3110511333ns11:RegisteredOffice2022-04-012023-03-3110511333ns6:CurrentFinancialInstruments2023-03-3110511333ns6:CurrentFinancialInstruments2022-03-3110511333ns6:Non-currentFinancialInstruments2023-03-3110511333ns6:Non-currentFinancialInstruments2022-03-3110511333ns6:ShareCapital2023-03-3110511333ns6:ShareCapital2022-03-3110511333ns6:RevaluationReserve2023-03-3110511333ns6:RevaluationReserve2022-03-3110511333ns6:RetainedEarningsAccumulatedLosses2023-03-3110511333ns6:RetainedEarningsAccumulatedLosses2022-03-3110511333ns6:PlantMachinery2022-04-012023-03-3110511333ns6:PlantMachinery2022-03-3110511333ns6:PlantMachinery2023-03-3110511333ns6:PlantMachinery2022-03-3110511333ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3110511333ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31
REGISTERED NUMBER: 10511333 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2023

for

E-Vision Concept Holdings Ltd

E-Vision Concept Holdings Ltd (Registered number: 10511333)






Contents of the Financial Statements
for the Year Ended 31st March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


E-Vision Concept Holdings Ltd

Company Information
for the Year Ended 31st March 2023







DIRECTOR: A J Moxon





SECRETARY: Mrs P Moxon





REGISTERED OFFICE: c/o OCG Accountants Ltd
Biz Hub Tees Valley
Belasis Hall Technology Park
Billingham
TS23 4EA





REGISTERED NUMBER: 10511333 (England and Wales)





ACCOUNTANTS: OCG Accountants Ltd
Biz Hub Tees Valley
Belasis Hall Technology Park
Coxwold Way
Billingham
Co. Durham
TS23 4EA

E-Vision Concept Holdings Ltd (Registered number: 10511333)

Balance Sheet
31st March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 3 358 1,137
Investment property 4 1,770,000 1,770,000
1,770,358 1,771,137

CURRENT ASSETS
Debtors 5 719,175 577,814
Cash at bank 13,502 38,875
732,677 616,689
CREDITORS
Amounts falling due within one year 6 (974,355 ) (1,593,156 )
NET CURRENT LIABILITIES (241,678 ) (976,467 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,528,680 794,670

CREDITORS
Amounts falling due after more than one
year

7

(888,157

)

(313,729

)

PROVISIONS FOR LIABILITIES (25,553 ) (25,553 )
NET ASSETS 614,970 455,388

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 9 108,938 -
Retained earnings 506,031 455,387
614,970 455,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

E-Vision Concept Holdings Ltd (Registered number: 10511333)

Balance Sheet - continued
31st March 2023


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 director and authorised for issue on 2nd October 2023 and were signed by:





A J Moxon - Director


E-Vision Concept Holdings Ltd (Registered number: 10511333)

Notes to the Financial Statements
for the Year Ended 31st March 2023

1. 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 as modified by the revaluation of certain assets.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

E-Vision Concept Holdings Ltd (Registered number: 10511333)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2022
and 31st March 2023 5,176
DEPRECIATION
At 1st April 2022 4,039
Charge for year 779
At 31st March 2023 4,818
NET BOOK VALUE
At 31st March 2023 358
At 31st March 2022 1,137

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2022
and 31st March 2023 1,770,000
NET BOOK VALUE
At 31st March 2023 1,770,000
At 31st March 2022 1,770,000

The directors' see no benefit in revaluing the properties.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 719,175 577,814

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,102 -
Taxation and social security 37,666 19,529
Other creditors 931,587 1,573,627
974,355 1,593,156

E-Vision Concept Holdings Ltd (Registered number: 10511333)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 265,938
Other creditors 888,157 47,791
888,157 313,729

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 101,113

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Mortgages 850,570 -

9. RESERVES
Revaluation
reserve
£   
Movement in year 108,938

At 31st March 2023 108,938

10. RELATED PARTY DISCLOSURES

At the year end, E-Vision Concept Holdings Ltd owed £2790(2022: £3,990) to E-vision Concept Ltd, an entity over which the director has control. This balance is included within other creditors (note 7).