Company Registration No. 12979090 (England and Wales)
Supreme Vision Ltd
Unaudited accounts
for the year ended 31 October 2023
Supreme Vision Ltd
Unaudited accounts
Contents
Supreme Vision Ltd
Company Information
for the year ended 31 October 2023
Directors
Shahid Kazi
Mohammad Patel
Company Number
12979090 (England and Wales)
Registered Office
124 City Road
London
EC1V 2NX
United Kingdom
Accountants
ESJ Accountants Ltd
4 Raleigh House
Admirals Way
Canary Wharf
London
E14 9SN
Supreme Vision Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
8,539
10,086
Cash at bank and in hand
42,298
177,135
Creditors: amounts falling due within one year
(242,262)
(155,280)
Net current (liabilities)/assets
(164,657)
23,207
Total assets less current liabilities
(156,118)
33,293
Creditors: amounts falling due after more than one year
35,200
-
Net (liabilities)/assets
(120,918)
33,293
Called up share capital
1
1
Profit and loss account
(120,919)
33,292
Shareholders' funds
(120,918)
33,293
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by
Mohammad Patel
Director
Company Registration No. 12979090
Supreme Vision Ltd
Notes to the Accounts
for the year ended 31 October 2023
Supreme Vision Ltd is a private company, limited by shares, registered in England and Wales, registration number 12979090. The registered office is 124 City Road, London, EC1V 2NX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2022
-
15,000
15,000
At 31 October 2023
834
15,000
15,834
At 1 November 2022
-
4,914
4,914
Charge for the year
167
2,214
2,381
At 31 October 2023
167
7,128
7,295
At 31 October 2023
667
7,872
8,539
At 31 October 2022
-
10,086
10,086
Amounts falling due within one year
Other debtors
20,251
1,352
Supreme Vision Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
5,460
Other creditors
126,200
443
Loans from directors
116,062
149,377
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).