2023-01-012023-12-312023-12-31false09451439VISION COURT HOLDINGS 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VISION COURT HOLDINGS LIMITED

Registered Number
09451439
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

VISION COURT HOLDINGS LIMITED
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

JENKINS, Simon John
MORGAN, Robert Huw
POWELL, Simon Lloyd
QUANTOCK, Jacqueline Elizabeth
WHITELEY, David Alan

Registered Address

C/O Inspiretec 3 The Quadrangle
Vision Court, Caxton Place
Cardiff
CF23 8HA

Registered Number

09451439 (England and Wales)
VISION COURT HOLDINGS LIMITED
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets31,050,1871,082,112
1,050,1871,082,112
Current assets
Debtors69,72640,306
Cash at bank and on hand23,50442,810
93,23083,116
Creditors amounts falling due within one year4(142,310)(134,218)
Net current assets (liabilities)(49,080)(51,102)
Total assets less current liabilities1,001,1071,031,010
Creditors amounts falling due after one year5(829,891)(865,156)
Net assets171,216165,854
Capital and reserves
Called up share capital200200
Profit and loss account171,016165,654
Shareholders' funds171,216165,854
The financial statements were approved and authorised for issue by the Board of Directors on 23 September 2024, and are signed on its behalf by:
POWELL, Simon Lloyd
Director
Registered Company No. 09451439
VISION COURT HOLDINGS LIMITED
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue from sale of goods
Turnover deriving from the invoiced value of rental income and services supplier by the company, net of Value Added Tax. Income is recognised ove the period to which rental relates. Interest is applied for late payment of invoices.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Leasehold Property 2% Straight Line Leasehold Fixtures and Fittings 5% Straight Line
2.Average number of employees
The company has no employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Land & buildings

Plant & machinery

Total

£££
Cost or valuation
At 01 January 23955,999430,6371,386,636
Additions-8,7008,700
At 31 December 23955,999439,3371,395,336
Depreciation and impairment
At 01 January 23143,198161,326304,524
Charge for year19,09321,53240,625
At 31 December 23162,291182,858345,149
Net book value
At 31 December 23793,708256,4791,050,187
At 31 December 22812,801269,3111,082,112
The Leasehold Building is secured by Bank Loan.
4.Creditors: amounts due within one year

2023

2022

££
Bank borrowings and overdrafts96,67591,154
Taxation and social security23,48820,918
Accrued liabilities and deferred income22,14722,146
Total142,310134,218
5.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts95,518193,764
Other creditors734,373671,392
Total829,891865,156
Bank loan is secured upon the Leasehold Land and Buildings. There are no creditor falling due after more than five years.