IRIS Accounts Production v24.1.9.2 07211313 director 31.8.22 30.8.23 30.8.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072113132022-08-30072113132023-08-30072113132022-08-312023-08-30072113132021-08-30072113132021-08-312022-08-30072113132022-08-3007211313ns15:EnglandWales2022-08-312023-08-3007211313ns14:PoundSterling2022-08-312023-08-3007211313ns10:Director12022-08-312023-08-3007211313ns10:PrivateLimitedCompanyLtd2022-08-312023-08-3007211313ns10:SmallEntities2022-08-312023-08-3007211313ns10:AuditExempt-NoAccountantsReport2022-08-312023-08-3007211313ns10:SmallCompaniesRegimeForDirectorsReport2022-08-312023-08-3007211313ns10:SmallCompaniesRegimeForAccounts2022-08-312023-08-3007211313ns10:FullAccounts2022-08-312023-08-300721131312022-08-312023-08-3007211313ns10:RegisteredOffice2022-08-312023-08-3007211313ns5:CurrentFinancialInstruments2023-08-3007211313ns5:CurrentFinancialInstruments2022-08-3007211313ns5:Non-currentFinancialInstruments2023-08-3007211313ns5:Non-currentFinancialInstruments2022-08-3007211313ns5:ShareCapital2023-08-3007211313ns5:ShareCapital2022-08-3007211313ns5:RetainedEarningsAccumulatedLosses2023-08-3007211313ns5:RetainedEarningsAccumulatedLosses2022-08-3007211313ns5:NetGoodwill2022-08-312023-08-3007211313ns5:IntangibleAssetsOtherThanGoodwill2022-08-312023-08-3007211313ns5:FurnitureFittings2022-08-312023-08-3007211313ns5:ComputerEquipment2022-08-312023-08-3007211313ns5:NetGoodwill2022-08-3007211313ns5:NetGoodwill2023-08-3007211313ns5:NetGoodwill2022-08-3007211313ns5:FurnitureFittings2022-08-3007211313ns5:ComputerEquipment2022-08-3007211313ns5:FurnitureFittings2023-08-3007211313ns5:ComputerEquipment2023-08-3007211313ns5:FurnitureFittings2022-08-3007211313ns5:ComputerEquipment2022-08-3007211313ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3007211313ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-3007211313ns5:RetainedEarningsAccumulatedLosses2022-08-3007211313ns5:RetainedEarningsAccumulatedLosses2022-08-312023-08-30
REGISTERED NUMBER: 07211313 (England and Wales)










Financial Statements

for the Year Ended 30 August 2023

for

Style and Vision Limited

Style and Vision Limited (Registered number: 07211313)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Style and Vision Limited

Company Information
for the Year Ended 30 August 2023







DIRECTOR: I A Marshall





REGISTERED OFFICE: 12 Harrogate Road
Bradford
BD2 3DU





REGISTERED NUMBER: 07211313 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Suite 4, 10/12 The Grove,
Ilkley
West Yorkshire
LS29 9EG

Style and Vision Limited (Registered number: 07211313)

Balance Sheet
30 August 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 32,999 35,749
Property, plant and equipment 5 51,525 61,606
84,524 97,355

CURRENT ASSETS
Inventories 14,850 13,750
Debtors 6 15,746 17,219
Cash at bank and in hand 33,994 42,135
64,590 73,104
CREDITORS
Amounts falling due within one year 7 (34,323 ) (20,937 )
NET CURRENT ASSETS 30,267 52,167
TOTAL ASSETS LESS CURRENT
LIABILITIES

114,791

149,522

CREDITORS
Amounts falling due after more than one
year

8

(43,978

)

(53,215

)

PROVISIONS FOR LIABILITIES (9,790 ) (11,705 )
NET ASSETS 61,023 84,602

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 9 60,823 84,402
SHAREHOLDERS' FUNDS 61,023 84,602

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

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

The director acknowledges his 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.

Style and Vision Limited (Registered number: 07211313)

Balance Sheet - continued
30 August 2023


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 27 August 2024 and were signed by:





I A Marshall - Director


Style and Vision Limited (Registered number: 07211313)

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

1. STATUTORY INFORMATION

Style and Vision 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.

TURNOVER
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL
Goodwill paid in connection with the purchase of a business in 2016 is being amortised evenly over its expected useful life of twenty years.
Goodwill paid in connection with the acquisition of patient records in 2012 is being amortised evenly over its expected useful life of 5 years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on cost
Computer equipment - 33% on cost

STOCKS
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

Style and Vision Limited (Registered number: 07211313)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 31 August 2022
and 30 August 2023 57,999
AMORTISATION
At 31 August 2022 22,250
Charge for year 2,750
At 30 August 2023 25,000
NET BOOK VALUE
At 30 August 2023 32,999
At 30 August 2022 35,749

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 31 August 2022
and 30 August 2023 131,208 2,569 133,777
DEPRECIATION
At 31 August 2022 70,470 1,701 72,171
Charge for year 9,718 363 10,081
At 30 August 2023 80,188 2,064 82,252
NET BOOK VALUE
At 30 August 2023 51,020 505 51,525
At 30 August 2022 60,738 868 61,606

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 5,800 5,837
Other debtors 7,746 9,567
Prepayments 2,200 1,815
15,746 17,219

Style and Vision Limited (Registered number: 07211313)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 9,238 9,238
Trade creditors 8,005 6,944
Corporation tax 9,462 -
Social security and other tax 1,249 -
Other creditors 1,564 -
Director's current account 318 781
Accrued expenses 4,487 3,974
34,323 20,937

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 43,978 53,215

9. RESERVES
Retained
earnings
£   

At 31 August 2022 84,402
Profit for the year 29,421
Dividends (53,000 )
At 30 August 2023 60,823

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Dividend paid during the year £53,000 (2022 £40,000). The amount owing to the director at 30th August 2023 is £318 (2022 £781).