Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-312022-11-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03407410 2022-11-01 2023-10-31 03407410 2023-10-31 03407410 2021-11-01 2022-10-31 03407410 2022-10-31 03407410 c:CompanySecretary1 2022-11-01 2023-10-31 03407410 c:Director1 2022-11-01 2023-10-31 03407410 c:Director2 2022-11-01 2023-10-31 03407410 c:RegisteredOffice 2022-11-01 2023-10-31 03407410 d:PatentsTrademarksLicencesConcessionsSimilar 2023-10-31 03407410 d:PatentsTrademarksLicencesConcessionsSimilar 2022-10-31 03407410 d:CurrentFinancialInstruments 2023-10-31 03407410 d:CurrentFinancialInstruments 2022-10-31 03407410 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 03407410 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 03407410 d:ShareCapital 2023-10-31 03407410 d:ShareCapital 2022-10-31 03407410 d:RetainedEarningsAccumulatedLosses 2023-10-31 03407410 d:RetainedEarningsAccumulatedLosses 2022-10-31 03407410 c:FRS102 2022-11-01 2023-10-31 03407410 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 03407410 c:FullAccounts 2022-11-01 2023-10-31 03407410 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 03407410 6 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Company registration number: 03407410







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2023


BUSINESS VISION HOLDINGS LIMITED






































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BUSINESS VISION HOLDINGS LIMITED
 


 
COMPANY INFORMATION


Directors
Ms T L Bartlett 
Mr D A Jones 




Company secretary
Ms T L Bartlett



Registered number
03407410



Registered office
Cranfield Innovation Centre
Cranfield Technology Park

University Way

Cranfield

Bedfordshire

MK43 0BT




Accountants
Menzies LLP
Chartered Accountants

1st Floor

Midas House

62 Goldsworth Road

Woking

Surrey

GU21 6LQ




Page 1

 


BUSINESS VISION HOLDINGS LIMITED
REGISTERED NUMBER:03407410



STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
1
1

Investments
 5 
202
202

  
203
203

Current assets
  

Cash at bank and in hand
  
889
1,575

  
889
1,575

Creditors: amounts falling due within one year
 6 
(6,051)
(6,737)

Net current liabilities
  
 
 
(5,162)
 
 
(5,162)

Total assets less current liabilities
  
(4,959)
(4,959)

  

Net liabilities
  
(4,959)
(4,959)

Page 2

 


BUSINESS VISION HOLDINGS LIMITED
REGISTERED NUMBER:03407410


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
(5,959)
(5,959)

  
(4,959)
(4,959)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Mr D A Jones
Director

Date: 26 July 2024

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 


BUSINESS VISION HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

Business Vision Holdings Limited is a private Company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office and principal place of business is disclosed on the company information page.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Directors' have confirmed that they will finance the Company's working capital, through the Directors Loan Account, to enable the Company to meet its obligations as and when they fall due.
Therefore, the financial statements have been prepared under the going concern basis.

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 4

 


BUSINESS VISION HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

4.


Intangible assets




Patents

£



Cost


At 1 November 2022
2



At 31 October 2023

2



Amortisation


At 1 November 2022
1



At 31 October 2023

1



Net book value



At 31 October 2023
1



At 31 October 2022
1




5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 November 2022
202



At 31 October 2023
202





6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
1,766
100

Other taxation and social security
-
652

Other creditors
4,285
4,285

Accruals and deferred income
-
1,700

6,051
6,737


Page 5

 


BUSINESS VISION HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

7.


Related party transactions

As at the year end the Director, Derek Jones, was owed an amount of £4,285  (2022 - £4,285). The amounts due to the Director are unsecured, interest free and repayable on demand.

 
Page 6