2023-01-01 05656175 2023-12-31 05656175 2023-01-01 2023-12-31 05656175 2022-12-31 05656175 2022-01-01 2022-12-31 05656175 uk-core:WithinOneYear 2022-12-31 05656175 uk-core:WithinOneYear 2023-12-31 05656175 uk-core:ShareCapital 2023-12-31 05656175 uk-core:ShareCapital 2022-12-31 05656175 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 05656175 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 05656175 uk-bus:Director1 2023-01-01 2023-12-31 05656175 uk-bus:Director2 2023-01-01 2023-12-31 05656175 uk-core:CommercialMotorVehicles 2023-01-01 2023-12-31 05656175 uk-core:FurnitureFittings 2023-01-01 2023-12-31 05656175 uk-core:FurnitureFittings 2022-12-31 05656175 uk-core:CommercialMotorVehicles 2022-12-31 05656175 uk-core:CommercialMotorVehicles 2023-12-31 05656175 uk-core:FurnitureFittings 2023-12-31 05656175 uk-core:WithinOneYear 2023-12-31 05656175 uk-core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure 05656175 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05656175 uk-bus:FRS102 2023-01-01 2023-12-31 05656175 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 05656175 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Access Vision Technology Limited
Registered Number:05656175
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Access Vision Technology Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
05656175
As at 31 December 2023
Access Vision Technology Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
29,257
11,820
2
29,257
11,820
Current assets
Trade and other receivables
35,054
19,953
3
304,704
Cash and cash equivalents
322,160
342,113
339,758
Trade and other payables: amounts falling due within one
year
(25,362)
(32,859)
4
314,396
309,254
Net current assets
Total assets less current liabilities
338,511
326,216
338,511
Net assets
326,216
Capital and reserves
Called up share capital
200
200
Retained earnings
338,311
326,016
338,511
326,216
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
D Richardson Director
T Richardson Director
These financial statements were approved and authorised for issue by the Board on 01 March 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Access Vision Technology Limited
Notes to the Financial Statements
Statutory Information
Access Vision Technology Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 05656175.
Registered address:
74 Whitmore Road
Harrow
Middlesex
HA1 4AH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Motor vehicles
25% Straight line
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 31 December 2023
Access Vision Technology Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
£
£
£
Cost or
valuation
At 01 January 2023
54,083
6,004
48,079
39,009
-
39,009
Additions
-
(27,990)
Disposals
(27,990)
At 31 December 2023
59,098
6,004
65,102
Provision for depreciation and impairment
At 01 January 2023
42,263
6,004
36,259
Charge for year
14,575
-
14,575
(20,993)
-
(20,993)
On disposal
At 31 December 2023
35,845
6,004
29,841
At 31 December 2023
Net book value
29,257
-
29,257
At 31 December 2022
11,820
-
11,820
3. Trade and other receivables
2022
2023
£
£
Trade debtors
19,073
35,054
Other debtors
880
-
35,054
19,953
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
660
1,075
Trade creditors
6,795
7,055
Taxation and social security
20,827
12,626
Other creditors
4,577
4,606
32,859
25,362
5. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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