VISION CONSTRUCTION & DEVELOPMENT LTD

Company Registration Number:
10974564 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

VISION CONSTRUCTION & DEVELOPMENT LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

VISION CONSTRUCTION & DEVELOPMENT LTD

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 539,893 122,086
Total fixed assets: 539,893 122,086
Current assets
Stocks: 2,500 2,500
Debtors:   5,893 169,712
Cash at bank and in hand: 211,890 61,920
Total current assets: 220,283 234,132
Creditors: amounts falling due within one year:   (567,171) (246,474)
Net current assets (liabilities): (346,888) (12,342)
Total assets less current liabilities: 193,005 109,744
Creditors: amounts falling due after more than one year: 4 (172,376) (177,043)
Total net assets (liabilities): 20,629 (67,299)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 20,529 (67,399)
Shareholders funds: 20,629 (67,299)

The notes form part of these financial statements

VISION CONSTRUCTION & DEVELOPMENT LTD

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 November 2024
and signed on behalf of the board by:

Name: Mr. D. Bane
Status: Director

The notes form part of these financial statements

VISION CONSTRUCTION & DEVELOPMENT LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VISION CONSTRUCTION & DEVELOPMENT LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

VISION CONSTRUCTION & DEVELOPMENT LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 300,826
Additions 426,993
At 28 February 2024 727,819
Depreciation
At 01 March 2023 178,740
Charge for year 9,186
At 28 February 2024 187,926
Net book value
At 28 February 2024 539,893
At 28 February 2023 122,086

VISION CONSTRUCTION & DEVELOPMENT LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Creditors: amounts falling due after more than one year note

West One Limited have a charge over the assets of the Company in respect of 25 Milkingpen Lane, Old Basing. Barclays Security Trustee Limited have a charge over the assets of the Company. Auro Finance Limited have a charge over the assets of the Company in respect of 25 Milkingpen Lane, Old Basing.