Company Registration No. 07542757 (England and Wales)
Bvision Limited
Unaudited accounts
for the year ended 21 February 2023
Bvision Limited
Unaudited accounts
Contents
Bvision Limited
Company Information
for the year ended 21 February 2023
Company Number
07542757 (England and Wales)
Registered Office
2 NORWICH ROAD
NORTHWOOD
MIDDLESEX
HA6 1NA
UNITED KINGDOM
Accountants
CCA Accountants Limited
14 Mulberry Drive
Slough
SL3 7JU
Bvision Limited
Statement of financial position
as at 21 February 2023
Tangible assets
2,762
2,958
Investments
316,697
388,779
Cash at bank and in hand
133,894
63,704
Creditors: amounts falling due within one year
(9,572)
(4)
Net current assets
124,322
63,700
Total assets less current liabilities
443,781
455,437
Creditors: amounts falling due after more than one year
(24,902)
(26,134)
Net assets
418,879
429,303
Called up share capital
10,000
10,000
Profit and loss account
408,879
419,303
Shareholders' funds
418,879
429,303
For the year ending 21 February 2023 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 November 2023 and were signed on its behalf by
Ms Babita Singh
Director
Company Registration No. 07542757
Bvision Limited
Notes to the Accounts
for the year ended 21 February 2023
Bvision Limited is a private company, limited by shares, registered in England and Wales, registration number 07542757. The registered office is 2 NORWICH ROAD, NORTHWOOD, MIDDLESEX, HA6 1NA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 22 February 2022
2,251
3,863
4,187
10,301
Disposals
-
-
(4,187)
(4,187)
At 21 February 2023
2,251
5,177
-
7,428
At 22 February 2022
1,126
2,243
3,974
7,343
Charge for the year
563
734
213
1,510
On disposals
-
-
(4,187)
(4,187)
At 21 February 2023
1,689
2,977
-
4,666
At 21 February 2023
562
2,200
-
2,762
At 21 February 2022
1,125
1,620
213
2,958
Bvision Limited
Notes to the Accounts
for the year ended 21 February 2023
5
Investments
Subsidiary undertakings
Other investments
Total
Valuation at 22 February 2022
145,000
243,779
388,779
Disposals
-
(72,082)
(72,082)
Valuation at 21 February 2023
145,000
171,697
316,697
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,138
8,400
Taxes and social security
6,470
109
Loans from directors
(9,928)
(9,990)
No security against bounce bank loan repayable in less than one year of £5,138
7
Creditors: amounts falling due after more than one year
2023
2022
No security against bounce bank loan of 24,902.
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to Director
9,990
9,928
9,990
9,928
Director's Loan at the end of this Financial Year was repaid within 3 months of the close of this Financial Year.
9
Average number of employees
During the year the average number of employees was 4 (2022: 2).