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Company Registration No. 11163230 (England and Wales)
Vision Brickwork Services Limited Unaudited accounts for the year ended 31 March 2024
Vision Brickwork Services Limited Unaudited accounts Contents
Page
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Vision Brickwork Services Limited Company Information for the year ended 31 March 2024
Directors
Darren Eaton Mitchell McDonagh
Company Number
11163230 (England and Wales)
Registered Office
Unit 16 Redfields Industrial Park Fleet GU52 0RD United Kingdom
Accountants
Blue Cube Accountants Limited 7 High Street Windsor SL4 1LD
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Vision Brickwork Services Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,652 
2,649 
Current assets
Inventories
425,000 
316,741 
Debtors
68,876 
31,819 
Cash at bank and in hand
104,176 
247,319 
598,052 
595,879 
Creditors: amounts falling due within one year
(573,043)
(550,311)
Net current assets
25,009 
45,568 
Total assets less current liabilities
26,661 
48,217 
Creditors: amounts falling due after more than one year
(15,000)
(25,000)
Provisions for liabilities
Deferred tax
(413)
- 
Net assets
11,248 
23,217 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
11,148 
23,117 
Shareholders' funds
11,248 
23,217 
For the year ending 31 March 2024 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 14 March 2025 and were signed on its behalf by
Mitchell McDonagh Director Company Registration No. 11163230
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Vision Brickwork Services Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Vision Brickwork Services Limited is a private company, limited by shares, registered in England and Wales, registration number 11163230. The registered office is Unit 16, Redfields Industrial Park , Fleet, GU52 0RD, United Kingdom.
2
Accounting policies
Basis of preparation
These financial statements have been prepared in compliance with FRS 102, The Financial Reporting Standard applicable to the UK and Republic of Ireland including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ Sterling
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Plant & machinery
20% Straight Line
Motor vehicles
20% Straight Line
Inventories
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Leased assets
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
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Vision Brickwork Services Limited Notes to the Accounts for the year ended 31 March 2024
Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charge to the profit & loss account in the period to which they relate.
3
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
2,272 
7,500 
9,772 
Additions
1,126 
- 
1,126 
At 31 March 2024
3,398 
7,500 
10,898 
Depreciation
At 1 April 2023
1,123 
6,000 
7,123 
Charge for the year
623 
1,500 
2,123 
At 31 March 2024
1,746 
7,500 
9,246 
Net book value
At 31 March 2024
1,652 
- 
1,652 
At 31 March 2023
1,149 
1,500 
2,649 
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
6,822 
16,621 
Trade debtors
40,631 
10,000 
Accrued income and prepayments
1,423 
1,368 
Other debtors
20,000 
3,830 
68,876 
31,819 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Trade creditors
4,522 
11,209 
Amounts owed to group undertakings and other participating interests
360,315 
411,977 
Taxes and social security
52,006 
29,825 
Accruals
146,200 
87,300 
573,043 
550,311 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,000 
25,000 
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Vision Brickwork Services Limited Notes to the Accounts for the year ended 31 March 2024
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Transactions with related parties
Included in Creditors is £82,736 (2023- £84,398) owed to Wroxton Limited which is a company partly owned by the director M Mcdonagh. Included in Creditors is £277,579 (2023 - £327,579) owed to Wroxton Group Holdings Limited which is a company partly owned by director M Mcdonagh.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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