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Registered number: OC367088
VIZION WEALTH LLP
ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
VIZION WEALTH LLP
CONTENTS
Page
Report of the Members-
Profit and Loss Account-
Balance Sheet3
Notes to the Accounts4
The following do not form part of the statutory financial statements:
Trading and Profit and Loss Account-
Profit and Loss Account Summaries-
Capital Accounts-
Current Accounts-
VIZION WEALTH LLP
ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
DESIGNATED MEMBERS
Andrew Flowers
James Steven Blackham
REGISTERED OFFICE
16 London House
Swifens Yard, High Street
Stony Stratford
MK11 1SY
COMPANY NUMBER
OC367088
BANKERS
Barclays
VIZION WEALTH LLP
BALANCE SHEET AT 31 March 2024
20242023
Notes££
FIXED ASSETS
Tangible assets21,8452,968
CURRENT ASSETS
Debtors31,5002,800
Cash at bank and in hand137,005166,229
138,505169,029
CREDITORS: Amounts falling due within one year28,14324,420
NET CURRENT ASSETS110,362144,609
NET ASSETS ATTRIBUTABLE TO MEMBERS112,207147,577
LOANS AND OTHER DEBTS DUE TO MEMBERS112,207147,577
MEMBERS ' OTHER INTERESTS
112,207147,577
TOTAL MEMBERS' INTERESTS
Loans and other debts due to members112,207147,577
112,207147,577
For the year ending 31 March 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the members on 3 May 2024 and signed on their behalf by
.............................
Andrew Flowers
Designated Member
VIZION WEALTH LLP
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 1 April 202327,24627,246
At 31 March 202427,24627,246
Depreciation
At 1 April 202324,27824,278
For the year1,1231,123
At 31 March 202425,40125,401
Net Book Amounts
At 31 March 20241,8451,845
At 31 March 20232,9682,968
3. DEBTORS 20242023
££
Amounts falling due within one year:
Trade debtors5001,800
Other Debtors1,0001,000
1,5002,800
VIZION WEALTH LLP
4. EMPLOYEES
20242023
No.No.
Average number of employees1012