Vision360 (Services) Ltd 09037132 the development and provision of on demand television, video and interactive services false 1 April 2022 09037132 2022-04-01 2023-03-31 09037132 2022-03-31 09037132 2023-03-31 09037132 2021-04-01 2022-03-31 09037132 2021-03-31 09037132 2022-03-31 09037132 frs102-bus:FRS102 2022-04-01 2023-03-31 09037132 frs102-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 09037132 frs102-bus:FullAccounts 2022-04-01 2023-03-31 09037132 frs102-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 09037132 frs102-core:CurrentFinancialInstruments 2023-03-31 09037132 frs102-core:CurrentFinancialInstruments 2022-03-31 09037132 frs102-core:ShareCapital 2023-03-31 09037132 frs102-core:ShareCapital 2022-03-31 09037132 frs102-core:RetainedEarningsAccumulatedLosses 2023-03-31 09037132 frs102-core:RetainedEarningsAccumulatedLosses 2022-03-31 09037132 frs102-bus:Director1 2022-04-01 2023-03-31 09037132 frs102-core:OfficeEquipment 2022-04-01 2023-03-31 09037132 frs102-core:OfficeEquipment 2022-03-31 09037132 frs102-core:OfficeEquipment 2023-03-31 09037132 frs102-core:OfficeEquipment 2022-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
09037132
Vision360 (Services) Ltd
Unaudited Accounts
for the year ended
31 March 2023
Vision360 (Services) Ltd
Balance Sheet
as at 31 March 2023
Notes
2023
£
2022
£
Fixed assets
Tangible assets 3 5,467 6,664
5,467 6,664
Current assets
Debtors 4 60,475 27,518
Cash at bank and in hand 465,623 347,885
526,098 375,403
Creditors: amounts falling due within one year 5 (77,721) (56,664)
Net current assets / (liabilities) 448,377 318,739
Total assets less current liabilities 453,844 325,403
Provisions for liabilities (0) (0)
Accruals and deferred income (2,645) (5,374)
Total net assets (liabilities) 451,199 320,029
Capital and reserves
Called up share capital 6 1 1
Profit and loss account 451,198 320,028
Shareholders' funds 451,199 320,029

Vision360 (Services) Ltd
Balance Sheet
as at 31 March 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2023 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr E Abrams

Director


Approved by the board on 26 October 2023

Company Number: 09037132 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

20-22 Wenlock Road
London
N1 7GU
England

Vision360 (Services) Ltd
Notes to the Accounts
for the year ended 31 March 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future. However, the company ceased trading after the year end and will be liquidated.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer refunds and other similar allowances. Revenue from the sale of services is recognised when services are provided.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Office equipment 25% Reducing Balance
Research and development
Expenditure on research is written off in the year in which it is incurred. Where appropriate, development expenditure is capitalised and amortised over its useful economic life.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.
2. Employees
2023 2022
Average number of employees during the period 0 0

3. Tangible fixed assets
Office equipment Total
Cost or valuation £ £
At 1 April 2022 13,384 13,384
Additions 520 520
At 31 March 2023 13,904 13,904
Depreciation
At 1 April 2022 6,720 6,720
Charge for the period 1,717 1,717
At 31 March 2023 8,437 8,437
Net book value
At 31 March 2023 5,467 5,467
At 31 March 2022 6,664 6,664

4. Debtors
2023 2022
£ £
Trade debtors 60,457 27,518
Other debtors 18 0
60,475 27,518

5. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 60 0
Taxation & social security 77,661 56,664
77,721 56,664

6. Share capital
2023 2022
£ £
Allotted, called up and fully paid:
1 (2022: 1) Ord shares of £1.00 each 1 1
1 1