Registered number
12808986
Vision 2 Fruition Ltd
Filleted Accounts
31 August 2023
Vision 2 Fruition Ltd
Registered number: 12808986
Balance Sheet
as at 31 August 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1,342 2,003
Current assets
Debtors 4 35 -
Cash at bank and in hand 2,825 1,395
2,860 1,395
Creditors: amounts falling due within one year 5 (11,783) (9,400)
Net current liabilities (8,923) (8,005)
Net liabilities (7,581) (6,002)
Capital and reserves
Called up share capital 100 100
Profit and loss account (7,681) (6,102)
Shareholder's funds (7,581) (6,002)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M Warters
Director
Approved by the board on 9 April 2024
Vision 2 Fruition Ltd
Notes to the Accounts
for the year ended 31 August 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Office equipment 33% over 3 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2022 2,989
At 31 August 2023 2,989
Depreciation
At 1 September 2022 986
Charge for the year 661
At 31 August 2023 1,647
Net book value
At 31 August 2023 1,342
At 31 August 2022 2,003
4 Debtors 2023 2022
£ £
Other debtors 35 -
5 Creditors: amounts falling due within one year 2023 2022
£ £
Other creditors 11,783 9,400
6 Other information
Vision 2 Fruition Ltd is a private company limited by shares and incorporated in England. Its registered office is:
6 Old Hall Close
Haworth
BD22 8BW
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