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REGISTERED NUMBER: 05564242 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

VISION PROPERTIES (LONDON) LIMITED

VISION PROPERTIES (LONDON) LIMITED (Registered number: 05564242)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VISION PROPERTIES (LONDON) LIMITED

Company Information
for the Year Ended 30 September 2023







DIRECTOR: D KRAJNC-GANI





SECRETARY: I Cohen





REGISTERED OFFICE: 129 STATION ROAD
HENDON
London
NW4 4NJ





REGISTERED NUMBER: 05564242 (England and Wales)





ACCOUNTANTS: COHEN & CO ACCOUNTANTS
129 STATION ROAD
LONDON
NW4 4NJ

VISION PROPERTIES (LONDON) LIMITED (Registered number: 05564242)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 406,076 406,095

CURRENT ASSETS
Cash at bank 879 4,462

CREDITORS
Amounts falling due within one year 5 1,429 1,429
NET CURRENT (LIABILITIES)/ASSETS (550 ) 3,033
TOTAL ASSETS LESS CURRENT
LIABILITIES

405,526

409,128

CREDITORS
Amounts falling due after more than one
year

6

304,208

304,208
NET ASSETS 101,318 104,920

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 158,541 158,541
Retained earnings (57,323 ) (53,721 )
SHAREHOLDERS' FUNDS 101,318 104,920

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 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 8 April 2024 and were signed by:



D KRAJNC-GANI - Director


VISION PROPERTIES (LONDON) LIMITED (Registered number: 05564242)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

VISION PROPERTIES (LONDON) LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

VISION PROPERTIES (LONDON) LIMITED (Registered number: 05564242)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 October 2022
and 30 September 2023 406,000 7,730 413,730
DEPRECIATION
At 1 October 2022 - 7,635 7,635
Charge for year - 19 19
At 30 September 2023 - 7,654 7,654
NET BOOK VALUE
At 30 September 2023 406,000 76 406,076
At 30 September 2022 406,000 95 406,095

Cost or valuation at 30 September 2023 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2017 158,541 - 158,541
Cost 247,459 7,730 255,189
406,000 7,730 413,730

If long leasehold building had not been revalued they would have been included at the following historical cost:

30.9.23 30.9.22
£    £   
Cost 247,459 247,459

Long leasehold building were valued on an open market basis on 30 September 2017 by Foxtons .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Other creditors 1,429 1,429

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans 204,000 204,000
Other creditors 100,208 100,208
304,208 304,208

VISION PROPERTIES (LONDON) LIMITED (Registered number: 05564242)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.9.23 30.9.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Mortgages 204,000 204,000

7. RESERVES
Revaluation
reserve
£   
At 1 October 2022
and 30 September 2023 158,541